Good morning CryptoPubbers and welcome inside the establishment where tips in Monero today get you a little top up on your draft beer. I hope where you are it is showing signs of spring finally and I know the markets are up.
This morning looks a little like St Paddy's day with all the green as alts are celebrating. Bitcoin is up 1% from yesterday with Ethereum outpacing it (at 5%) which has been the trend for the last week and a bit. It is a Bitcoin Cash kinda day with 11% gain from yesterday with guest appearances by Monero up 12% and Iota up 10.5 as well as All-In-One up 28%! Bitcoin and Neo which were darlings a week ago just lagging this Sunday.
T&A today is brought to you by everyone who tips today as I am apparently at 53.996 and any love will likely push me over to (54)!
When I look at the 3,6,12, and 24 hour charts, they are all firmly in the Overbought/Overvalued band of the Stochastic Relative support index. Encouraging because sentiment is returning and it is the buying power/bulls that are keeping the price up where it is. The concerning part is that what goes up, must correct, and the longer it is up, the harder it comes down. That and the bearish rising wedge we discussed yesterday is making me bearish short term.....and the tips seem less so that sucks. Watch the bottom of the Bollinger line where it intersects with the lower line of the wedge for some fireworks and do not be alarmed.
Bonus T&A brought to you by 
For shits and giggles and perspective and where these bears get the 4k number, and bulls are calling moon, we just have to look at the dusty old weekly chart. The STOCH has bounced off the bottom and is heading up, MACD is working its way to crossing up in the next few weeks (Last time that happened it was the beginning of Oct!) and these huge earth ending panic sell dips didn't even bring the price to the lower Bollinger. So, key numbers as we are into summer will be 4k (if 66% of people abandon Crypto,) 11k for a bounce or return to Bull, and 18k (or above) for a true confirmed return to Bullishness for BTC....and crypto.
Coins making the most of the weekend include:
- All In One Token (AIO) - Kinda like a fund of other currencies purchased whose performance drives the value of AIO - https://www.aiocoins.io/Home/AIO https://www.tradingview.com/symbols/AIOETH/
- Yoyo token (YOYO) - Check out the run-on sentence on the description on this one - https://www.yoyow.org/index_en.html https://www.tradingview.com/symbols/YOYOBTC/
- Adex (ADX) - ETH-based decentralized add network - https://bittrex.com/Market/Index?MarketName=BTC-ADX https://bittrex.com/Market/Index?MarketName=BTC-ADX
Personal Trading Strategy today: Kick myself for hesitating to buy Monero yesterday for a scalp, Swing trade a bit of my BTC core for a re-buy.
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