CryptoPub Daily - Weekend Quick check and guess

in #cryptopub6 years ago

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Happy Saturday Weekend Warriors! I am just checking in quick to make a guess at where Bitcoin price wil be opening bell on Monday so I can spend the rest of the weekend pouring drinks and serving food.

Nov 10 Ticker.jpg

Slight reprieve in the slide today as low volume has resulted in a little price stability with Bitcoin up a modest third of a point to $6,450. ZEC is correcting a bit from its recent run as ETH and Ripple are up a touch under almost non-existent trade volume. The Poodle Race between 0X Protocol, Tron, Elf Fun and Lumens is almost a dead heat with close to no space between them in daily growth.

Nov 10 BTC T&A.jpg

T&A this weekend is brought to you by @slobberchops looking dapper and happy at STEEMfest https://steemit.com/partiko/@slobberchops/more-from-steemfest-3-da14w3v5
Looking at the 3-hour chart for a shorter term view to be able to make my guess for opening of trade Monday morning, I am mainly looking at the Bollinger bands. The MACD has crossed up early this morning and we are currently in overbought/overvalued so we should see a drop. Lingering on the bottom of the STOCH may be reflected at the top. So, if trade volume stays low, we should see next to no movement and if it picks up, the ups and downs may put us close to where we are now. So, I am picking $6,460 just for fun.

What's your guess?



Source/News: https://www.ccn.com/crypto-market-recovers-from-pullback-but-bitcoin-momentum-is-weak/

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