CryptoPub Daily - Ho Hum

in #cryptopub6 years ago

cryptopub6a.jpg

Good morning CryptoPubber! No need to decide whether the mug is half full or half empty. I will just fill it up for y'all!

June 7 ticker.jpg

Consistently consistent this morning with single digit variation on most of the coins on my radar. Bitcoin is up less than a percent from this time yesterday at $7700 and ETH is almost identical at around $610. Other than that, Lumens and ELF are neck and neck in the clown race with Tron and 0X only a point or so behind in daily performance.

June 7 BTC T&A.jpg

T&A today brought to you by @hr1 who dropped by the pub yesterday and kicked up a great conversation on how reputation is calculated https://steemit.com/steemit/@mirrors/change-the-reputation-algorithm-or-else-get-rid-of-it-it-is-ridiculous-as-it-is
When we look at the 24-hour BTC chart, we are in the overbought area but not at 100% yet so we can look to the 12-hour for some potential action. When the 12 and 24 charts are both overbought/overvalued on the STOCH you can expect some action. Natural action would be a little more up then a correction down. We could linger overbought here a bit and push up to ~$7900 where the month old resistance is but I would watch for the cross in the MACD as there will be some profit taking to kick off a drop and correction. The lower lows on the STOCH and higher low on the price point does spell bearish and we will be better and more protected knowing the longer trend. Here's hoping BTC sees my target stars and makes some huge gains at the top of the STOCH to prove me wrong.

June 7 XMR T&A.jpg

Bonus T&A brought to you by our resident Monero buff @donald.porter https://steemit.com/dlive/@donald.porter/ed84564d-6940-11e8-b30c-0242ac110002
There may be some fireworks of sorts with Monero if my lines on the 12-hour chart are correct.Price has been consolidating 2 weeks and building up support with sideways action almost to the month old resistance line. There is room to grow on the STOCH and I have some Monero so perhaps that is why I am giving it a 66% chance to break upwards given the consistent trade volume. 33% chance on a return to $150 and I will set a limit buy just south of the Bollinger line if that happens.

Coins making themselves a lot more interesting than my main ones include:

Personal Trading strategy today: Keep an eye on me moneros, Look for a good swing sell on LTC, accumulate more ZEC.


Source: businessmirror.com.ph

Changes coming to the airdrop initiative. Stay tuned! Please keep supporting the CryptoPub Airdrop initiative through a donation to one of the following addresses. We also accept alt coin donations that can be used in the Airdrop!

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

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

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 61185.73
ETH 3012.54
USDT 1.00
SBD 3.84