CryptoPub Daily - Happy Hump Day!

in #cryptopub6 years ago

cryptopub3.jpg

Good Afternoon CryptoPubbers and welcome to hump day. Today's specials are MACD cross fries and Low Stoch rising pastries.

Sept 12 Ticker.jpg

Bitcoin trade volume is down today but price is up 1% to right around the $6,300. Ethereum is curiously trading more volume than BTC and is down a percentage point to just under $180 and ETC is down almost 5% to $10.5. In the green are EOS, Ripple, Litecoin and OMG. In the clown race, Lumens is in the lead up 5% while 0X and FUN are down over 5%.

Sept 12 BTC T&A.jpg

T&A today is brought to you by @yehey who upvotes good content and STEEMians https://steemit.com/yehey/@yehey/yehey-witness---upvoting-authors-with-good-content--09122018-120129-reports
The 12-hour BTC chart has been tantalizing as sideways action looks like it is leading to an upwards MACD cross which should make for a short term pump. Volume has been flat and low though which generally spells uneasiness and a penchant for a drop. Buy pressure in this low volume is returning on the STOCH support index and with price being near the top of this pennant, we may just pump back up to the Median Bollinger line around the magic $6,550 line with any increase in volume.

Sept 12 ETH T&A.jpg

Bonus T&A brought to you by @tommyinthesun who is seeing double in Kentucky https://steemit.com/life/@tommyinthesun/double-rainbow-over-east-kentucky-hills
I HAVE to look at the ETH charts because of the trade volume even if the downward channel we have been in since May tends to get me down. The last few days, there has been considerable trade volume as the bulls and bears battle it out at the bottom of this bear market for a multiple alliteration. The latest bout has caused an extended stay at the bottom of the STOCH in oversold territory and the last 12-hour period is showing a distinct correction back up. If the 9-month support line is to be trusted and the volume keeps up, it could be expected to go back up to over $200 in the short term, and potentially up to $260 if it flips over into bullish above the Bollinger median line. There is a very strong resistance line at $320 or so but I will wait to see if ETH returns to any sort of glory.

Coins looking to cross and pump today include:

Personal Trading Strategy today - I am still in wait and see mode looking to play my hand I have amassed. Need some big moves 1 way or another.


Source: https://cointelegraph.com/news/crypto-industry-leaders-establish-washington-based-lobby-group

You can support the CryptoPub Airdrop Initiative through a donation to one of the following addresses. We also accept alt coin donations that will be given away in the Airdrop!

Steem: @vanessav
SBD: @vanessav
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p

CryptoPub Discord: https://discord.gg/xc77Cyk

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63657.90
ETH 2656.15
USDT 1.00
SBD 2.84