CryptoPub Daily Meetup - Tuesday/Brewsday

in #cryptopub6 years ago

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Good morning CryptoPubbers and welcome again inside the pub. Fresh greens with your draft?

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Continued recovery is being signaled this morning with some 4-5% growth over the last 24 hours across the board for the most part. Bitcoin Gold is flexing a bit like it does every 3 weeks or so for a day at 10% growth. DASH dashed yesterday as called and Monero is lagging a bit behind and still a good bargain at under $190. OX has a slight lead on the ELF/Tron/Ox/Fun mini race and EOS should pump in the next while if we continue to recover.

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T&A brought to you by @habibb who stopped by the pub yesterday and is a generous tipper and good Cryptopub supporter! https://steemit.com/@habibb
If we look at the 12-hour BTC price chart, we can see where things are and where they may go over the next couple days. The local bottom stayed right at the bottom line of the Bollinger band, and there was a nice strong MACD cross upwards signalling the pump. 2 days of good buying volume has made for reasonable gains and a rise to the middle of the Stochastic RSI and the median Bollinger line.
We could correct down here seeing as we are at the median line. Since there is good volume and room still to grow on the STOCH, we could see more price increase. A conservative target would be the last support line (around $7750 which would still be bearish overall) or the local resistance line (~$8250 which would be bullish) Keep an eye on the ~$8400 zone as that is 3 month resistance and if we cross that, hang onto your butts!

Another day or 2 of growth and it may be safe to look at the charts of the other coins!

Coins running with the bulls today include:

Personal Trading Strategy today - Snap up little last minute Monero/EOS, keep an eye on the BTC resistance lines for correction.

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Gotta love me some Jesus & Mary Blockchain!

Khaleel reminded me I need to eat more greens. Good to see the pub serving them today!

Eat your veggies or else!

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