CryptoPub Daily - Steady as she goes

in #cryptopub5 years ago

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Good afternoon CryptoPub! The northeast is getting snow but the charts are looking green like spring this morning. Let me pour you a beer and we can see how we are situated as Hump Day is almost upon us.

Jan 29 Ticker.jpg

The volume is staying low and stable as we are exactly even with Bitcoin price, $2,490 like it was yesterday at this time. The ALTS have swung back up into the green from the dip yesterday with newer in-use blockchains TRON and EOS making 4% gains on the day while ZEC is a nice discount down almost 2%. In the Poodle Race, TRON is in the lead up 4% while Funfair reverses its surge from yesterday and is in last place, down 12% on the day.

Jan 29 BTC T&A.jpg

T&A today brought to you by another long-time Crypto Pubber @slobberchops leveraging @tasteem for a great pub review https://steemit.com/tasteem/@slobberchops/tasteem-7579c9
My eyes are still on the daily BTC chart for a manageable look at where we are, and where we will go. On the Price section of the chart, it is the support strengthening that catches my eye but not as much as the squeezing Bollinger lines. This happens when price goes sideways for a period and results in a breakout that is larger as the lines get closer. On the MACD (Moving Average Convergence Divergence) section, it is the quick up and downward crosses that have caught my eye and I am looking for the next cross upwards for a pump. On the Stoch RSI (Stochastic Relative Support Index) section, we are oversold/undervalued but still have a bit to drop to hit zero which is a great launch point if we don't skid like on Jan 12th. My personal hopes are for a lightning quick drop to $3,100 (to pick up my limit buy) and then a bounce right back up in the increased volume. Staying right here would be nice too or perhaps validating the support line again.

Source/News:https://www.ccn.com/dow-bitcoin-price-slouch-into-tuesdays-us-trading-session/

When things heat up, we will return to the airdrop initiative for #cryptoPub followers. In the meantime, you can support 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

CryptoPub Discord: https://discord.gg/xc77Cyk

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