Marketwrap: 2600 still bid on Bitcoin, Ether capped under 250, Steem remains supported and bidding opens for 2100 Steem BUILDTEAM pot

in #cryptocurrency7 years ago (edited)

Hey everyone, back with another wrap of the latest moves in ...

Crypto Markets


Bitcoin finished the day lower again yesterday, but 2600 still holds. This is interesting because sell-offs following bearish engulfing candles tend to be quite rapid. 2600 is key for short term bullish prospects, but further support below there at 2400:


Ether finished slightly lower and remains capped under significant resistance in the 225-250 zone. Lows looking very constructive as per yesterday's analysis:



Steem finished the day slightly higher against Bitcoin at Poloniex, closing at .000457, down from a high of .00049. Continue to see scope for significant upside as long we trade above 33:

Currently fetching $1.64 AUD, up from $1.61 yesterday. Down a little against the Dollar, fetching $1.27 from $1.30 yesterday. Steem Dollars continue to trade at a slight discount, 96c down from 98c yesterday.



That's me for the day folks. Remember the BUILDTEAM bidding process is now open, with BUILD token holders all vying for a stake of the 2100 Steem pot. On that note, I'll leave you with the Wu-Tang Clan classic C.R.E.A.M:


As usual, 20% of the rewards from this post will be split with @centerlink for the communal benefit of #TeamAustralia

Team Aus footer by the amazing @bearone

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@ahlawat

Thanks for share your statistics, i always get the best updates from you thanks again

Thanks jerv :)

Great post I will be following it up voting as well this post is very informational when useful to new users keep up the great posting

Thanks fuego

nice pos friend,,, i like this @bulleth

Thank you saifu :)

Do technical analysis even apply to Bitcoins or any Cryptocurrency? :D

As much as any other market.

Great recap of what is going on in the crypto market, and i will be participating in the build team biding process today

Cheers B-Roc

Nice stats thanks for share

no worries!