CryptoPub Daily Happy Hour - Morning wood!
Good morning CryptoPubbers and welcome inside the establishment on an exciting morning! There is tempered excitement in the air as we prepare for a liquid lunch and a stab at the weekend.
Posting this update a little earlier this morning out of excitement for being the bearer of good news for a change. Apparently BTC is excited as well as it work up with a large green erection in the form of a jump of over 10% in an hour. More in the T&A. EOS is continuing on its tear at almost 30% up from yesterday at this time with a price of nearly $9. ETH is almost keeping pace with BTC at ~10% up and privacy coins are finally doing well with Monero and Dash up double digits. ELF continues to lead my pet coin race up a whopping 40% and my poor Tron is in last place with only a 3.5% increase over yesterday.
T&A today brought to you by @ikrahch who it taking time to teach us a little Turkish https://steemit.com/turkishlearning/@ikrahch/some-calling-words-in-tukish-or-day-6
If we zoom in on BTC to the 3-hour chart, you can see the excitement contained to 1 pump. We were about to cross back down on the MACD for a dip and the buying started happening. If I were to speculate, as I often do, I would guess on a return to the resistance line around 8k and we are still in the Popcorn zone I indicated in yesterday's post. I wanna see a nice strong break of resistance with the room still left on the 12 hour STOCH, and the daily STOCH is about half way up.
Bonus T&A brought to you by @kittyandcheese who is telling great pub stories! https://steemit.com/writing/@kittyandcheese/gunnar-in-the-carrels-part-4
Daring to sneak a peak at the daily Litecoin chart, we can see it caught some of the pump that BTC distributed. Price broke the month old resistance for a few minutes with the momentum but dropped back to ~$123 which happens to be the median line of the Bollinger. We are still undervalued and headed up medium term but it is tough to call the short term. The 1-hour chart is calling for down and the 3-hour chart is showing up. I will HODL and see if we can stay above resistance and get solidly into the bull section of the daily Bollinger over the next day or so.
Coins also waking up with a pleasant surprise this morning include:
GroestlCoin (GRS) - GPU mined SEGWIT, Instant and Private - https://www.groestlcoin.org/ https://www.tradingview.com/symbols/GRSUSD/
STEEM (STEEM) - BEST damn coin around coveted by all pubgoers - https://steem.io/ https://bittrex.com/Market/Index?MarketName=BTC-STEEM
Goldcoin (GLD) - super secure value store and cash payment system for the New Digital World - https://www.goldcoin.org/ https://bittrex.com/Market/Index?MarketName=BTC-GLD
Personal Trading Strategy today - HODL and watch LTC for ~$130 scalp, Keep an eye on Monero for a sale, possibly scoop up some EOS if it returns to earth.
(credit: medium.com)
I'm still riding that XMR diff drop!
Thanks for the shout out, @vanessav! Gunnar says beer is good.
Have you seen Ready Player One? Think it would be a great wake & bake flick!
Is the light at the end of that tunnel a train? Better get a beer just in case!
Go Green!
Great
Thanks! Quite the conversationalist.
very nice post friends