Market Snapshot - July 15th 2018

in #steemit6 years ago

Top 10 Cryptos

At the moment of writing, top 10 assets were predominantly bullish, with all 9 of them in green and 1 in red


Screen Shot 2018-07-15 at 10.10.16 AM.png


Bitcoin is almost at $6,300, while all the other assets are more or less stationary or bullish.

STEEM And SBD

At the moment of writing, STEEM was trading, on average, at $1.31 on Coinmarketcap, almost identically with yesterday in fiat, and in BTC.

The 1 hour chart is still flat around 20k-21k satoshis


Screen Shot 2018-07-15 at 10.10.54 AM.png


The 1 day chart is stationary at 20k satoshis, for 4 days in a row


Screen Shot 2018-07-15 at 10.11.02 AM.png


SBD was trading, at the moment of writing, at $1.09, same as yesterday.

The 1 hour chart identical for the last 40 hours, around 17k satoshis


Screen Shot 2018-07-15 at 10.11.36 AM.png


The 1 day chart is stationary around the same level


Screen Shot 2018-07-15 at 10.11.43 AM.png


SBD to STEEM Ratio

At the moment of writing, according to steem.supply you could get 0.823 STEEM for 1 SBD, identical with yesterday, and under parity.


Screen Shot 2018-07-15 at 10.12.15 AM.png


Overall opinion: Markets seem frozen, and STEEM / SBD didn't move a needle. A flat day in crypto all over the spectrum.

Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.


I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.


Dragos Roua


Wanna know when you're getting paid?

I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards

It's free to use, but if you think this is a useful addition, I'd appreciate your witness vote.

Thank you!

Psst: new to Steemit? Start Here

Sort:  

Most assets were just trading sideways yesterday but we had a couple of interesting signals.
Bitcoin managed to cross the 200 MA after several attempts and what is interesting is how the bulls defended that area strongly when the bears started to sell again, that can be seen on the two candles with a big lower wick in the 1hr chart. Now 100MA is approaching the 200 and if they cross it will be a stronger signal of upper movement.

Screen Shot 2018-07-15 at 10.27.19.png

EOS shows the same pattern but with a smaller scale, it is just a signal the asset is following bitcoin dependency with no additional own important trading signs. Here both moving average lines are just touching and the price is slightly above both of them.

Screen Shot 2018-07-15 at 10.27.34.png

STEEM is almost similar to EOS, trading over both MA lines at just $1.3. We will see if we have a strong movement on either direction today or just another flat day to end the weekend.

Screen Shot 2018-07-15 at 10.28.00.png

I guess the next bull run can only start after CBOE ETF approval...

Not too optimistic about these Wall Street moves. If anything, they allowed Bitcoin to be shorted and, as long as you can make more money by shorting Bitcoin, the price will be pushed down. Will see.

The next etd license can highly effect the prices of bitcoin.no boby can predict for now

Looking jumps in the graph. Today is better then yesterday. Hope future will also better than today

Looks good till now but weekend sunday lot to happen yet lets see :)

Bitcoin holding above 6000 $ is not bad at all... Considering all the bullish trend...

You probably wanted to say "all the bearish trend"...

Yeah, pardon me... I was a bit sleepy an hr ago when I wrote the comment... :)
I woke up and first thing I did was read your market report...

July seems bearish month.

very informativ post.

the btc rate is going down continously and it also effect the alt coins ....if it breaks the support of 5800$ then btc rate can be 5200$........

i am waiting eagirly for SBD And steem to rise :)

Beter than yesterday good day for many coins

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70557.88
ETH 3560.83
USDT 1.00
SBD 4.75