CryptoPub Daily - Happy Monday!
Good morning CryptoPub! Welcome to the return of trading where we are looking green (in a good way) and are in store for a potentially good week. For the record, I was pretty close on my BTC prediction for this morning as I guessed $6,460 and we are presently at around $6,450.
We are relatively green today under persisting low volume as Bitcoin is up about a point on the day to $6,450. Bitcoin cash and the upcoming fork is seeing the most trade attention, and it is up 2/3rds of a point in what should be some good scalping this week. Ripple, Monero and Dash are also up nicely today as ZEC is down a couple points cooling off from the run last week. In the Poodle Race, FUN is in the lead up almost 2 points while ZRX is down a point in last place for a tight race.
T&A today brought to you by all the people travelling home from #steemfest including our @slobberchops and @steevc who were out CryptoPubbing in Krakow https://steemit.com/beersaturday/@steevc/beer-saturday-out-with-detlev-and-steemians-in-krakow-43508272543b5
The 12-hour chart is gaining my attention as the daily seems to be correcting up and the 6-hour chart is matching the 12. Support is building up on the 3-month line and resistance seems to be building up in the short term around the Bollinger median. The 6 and 12-hour charts are showing an upward cross on the MACD which is very encouraging as it is generally accompanied by a pump. With the correction on the STOCH up out of a very short trip in oversold, there is plenty of room to rise, we just have to beat that Bollinger median to shoot up over $6,500.
Coin of the day:
- NEM (NEM) - Another Digital Asset Blockchain doing well lately - https://nem.io/ https://international.bittrex.com/Market/Index?MarketName=BTC-XEM
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Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p
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