Good afternoon CryptoPubbers! I was halfway through the update this morning , things had already done some of the things I thought they would do, and then the day hit me in the face so here is the afternoon update!
Everything was red this morning with the exception of QTUM and volume was down. Since then, we have a couple green spots in the form of EOS up 4% to over $8, Litcoin, Moneroe and ZEC up, and Bitcoin Gold down 4%. Bitcoin itself is down just over a point from this time yesterday recovering a little trade volume and hanging around the $6100 mark.
T&A today brought to you by our pal @overkillcoin who is having a case of the Wednesdays
and gets a pint on the house https://steemit.com/art/@overkillcoin/dumber-and-summer
Volume dropped overnight but picked up again throughout the day and we find the price in a bullish wedge of sorts. We have corrected from the bottom of the STOCH on the 3-hour chart and the MACD is looking to cross in the next couple of hours which should result in a pump. With plenty of room to go up on the STOCH, I could see a wedge breakout if the volume continues and perhaps a price around the upper bollinger deviation line where it meets resistance.
Bonus T&A is brought to you by @sequentialvibe who is now working on his 4th album?! https://steemit.com/dsound/@sequentialvibe/20180627t124529540z-dark-web-original-dsound-composition
You can't look at the 3 hour chart and not check on the daily chart for a larger picture of where we are. We seem to have stalled on the middle of the STOCH and the MACD is following the same line. The drag for the last week or so is that the price can't get to the median line on the Bollinger. With the potential break of the small wedge, the pattern continuing would mean a bounce off the resistance line and a drop down further. It has to reverse at some point and my hodl half wants it bad while the FIAT half is anxious for another sell off and drop for an even better buy in.
Coins humping away today include:
- More Coin (MORE) - Gaining well on ETH https://coinmarketcap.com/currencies/more-coin/ - https://www.tradingview.com/symbols/MOREETH/
- Monaco )(MNA) - Neat Visa backed crypto wallet/card - https://www.tradingview.com/symbols/MCOETH/ https://mona.co/en/
Personal Trading Strategy today - Convert a bit more Monero to EOS, set limit order to pick up a bit more cheap litecoin
Here is some encouraging news of the day - https://www.independent.co.uk/life-style/gadgets-and-tech/news/will-bitcoin-recover-investors-andreessen-horowitz-price-go-up-cryptocurrency-fund-a8419666.html
An oldie but appropriate today.
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Yup fourth album!
You can stream the first three on all major services by searching for sequentilalvibe
www.sequentialvibe.com
Bwahaha, thanks :D
Have you ever seen a stall like that dead in the middle of the support index on the daily chart? Feels like a break and fall but who the hell knows at this point?
Even the weekly chart is on the bottom of the stochastic with one way to go!
i hope my bitcoins increases:p
I'm going to upvote the other comments now.
Heehee! Don't poke the 'coin!