CryptoPub - End of Week social!

in #cryptopub5 years ago

cryptopub.jpg

Good Afternoon pubbers and welcome to the joint as we celebrate the end of another week and merrily socialize into the weekend. Lets take a look at where we are in crypto land to end the week and what to expect over the weekend.

Aug 9 Ticker.jpg

The ticker this morning is predominantly red with Bitcoin sideways and holding at $11,775 under decreasing trade volume. Many of the GPU-mined coins are deeper in the red including Ethereum, Zcash, and Bitcoin Gold which are all down over 5% on the day. In the Poodle Race of entertaining alts, 0X Protocol (ZRX) is in the lead up over 2% while FUN is in last place, at $.002376 up and down and up and now down almost 6% from where it was yesterday.

Aug 9 T&A.jpg

T&A today is brought to you by @briggsy who is preaching caution and correction in overall economy https://steemit.com/economy/@briggsy/the-call-before-last-call
The 12-hour Bitcoin chart is grabbing my attention as we head toward the weekend. Mainly because of the impending MACD downward Cross (generally accompanied by a drop) and the falling support on the RSI. The last downward cross on the 12 wasn't too bad but it was 17 days ago so we are due. A really astute Bollinger Band swing trader would have sold around $12,300 as the 45-day resistance tested again and the price was above the upper Bollinger. If action/price stays bullish in the short term, we may head down to $11,300 and a return to the lower Bollinger for a bearish correction sits around $10,750 if you are into speculation. Exercise caution as the largest movements downward can happen at the bottom of the STOCH.

Aug 9 T&A2.jpg

Bonus T&A brought to you by @donald.porter who has taken to the turntables for some new music https://steemit.com/newmusic/@donald.porter/shenseea-blessed-live-watchingnow
It is possible that you are as bored with the BTC charts as I am so I will look at the Zcash 12-hour one. It has been a rough summer for the semi-private GPU-mine currency as we have dropped 40% in USD value from the high of $124. We had a death cross (50-day moving average crosses the 200-day) and an awful upward cross on the MACD which actually resulted in a continued drop. As a flyer, I am looking to buy a bit at the support line which was established back at the end of March. A rally back to the high of the end of June will result in a doubling of my money but a 25% profit sell would be reasonable to expect if there is not a break of resistance downward. A girl has to have some fun and roll the dice no?


Source/News: Positive sentiment on growth and adoption: https://cointelegraph.com/news/online-sentiment-toward-crypto-market-in-2019-attitudes-are-positive

Thanks to @slobberchops for picking up the airdrop initiative ! You can support the triumphant return of the CryptoPub Airdrop Initiative through a donation to one of the following addresses. We also accept alt coin donations that will be given away in the Airdrop!

Steem: @vanessav
SBD: @vanessav
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p
STEEMLeo - Delegations would be fantastic!

cryptopubww.jpg

Go check out @detlev and the Beer Token to help with the crowdfunding so we can stake it!

Sort:  

I think your support is paying off. Beer token is stakable and on its way to proof of stake.

!BEER

Posted using Partiko iOS

To view or trade BEER go to steem-engine.com.

Hey @vanessav, here is your BEER token. Enjoy it!

Do you already know our [BEER Crowdfunding](https://steemit.com/cryptocurrency/@beerlover/let-s-grow-and-update-the-beer-token-huge-crowndfunding-as-crowdsale)

Coin Marketplace

STEEM 0.25
TRX 0.25
JST 0.038
BTC 96978.69
ETH 3375.51
USDT 1.00
SBD 3.54