CryptoPub Daily - Late week surge?

in #cryptopub6 years ago

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Good afternoon CryptoPub! Pull up a bar stool, let me draw you a nice refreshing liquid lunch, and lets see how our beloved cryptos are doing as we ski downhill towards the weekend.

Jan 17 BTC T&A.jpg

Volume has almost completely died as we are almost completely sideways from where we were yesterday with BTC which is at just under $3,700. EOS and OMG are also slightly in the green today with ETC being the morning winner at +4%. Bitcoin Gold and NEO are the biggest discounts so far. In the Poodle Race, we are pretty much all in the green with the popular entertaining alts as FunFair (FUN) is winning, up almost 3% and Tron (TRX) in last place about even from this point yesterday.

Jan 17 BTC T&A2.jpg

T&A today is brought to you by @ryan313 calling the STEEM trend reversal and giving @ned some advice https://steemit.com/steem/@ryan313/steem-btc-ned-stop-selling
The regular daily chart is a little boring and conflicted so I am looking to the 12-hour BTC chart to see which way we should be headed. The buy/sell conflict is distinct on this chart as well but you will see we have crossed upward on the MACD (as we have on the 3-hour chart as well.) There is room to grow on the STOCH into overbought (where the biggest moves often happen) and a big skid to correct from. I have personal targets at just under $3,900 where the ATH resistance and 50-day moving average is, as well as a more bullish one set at just over 4k where the upper Bollinger and 2-month resistance level is. CMON green volume bar!

Altcoin of the day


Source/News: https://cointelegraph.com/news/crypto-markets-stabilize-with-scant-price-action-across-the-board

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