Ouch. Seriously ... Ouch. There is blood in the waters. Just charts today, no news as running behind schedule ... Plus it's school holidays and I've promised little broman we'll finish the Halo Masterchief Collection co-op campaign before he's got to back to school.
Here's the latest horrible happenings in ...
Crypto Markets
Bitcoin was hammered Monday, falling over 160 points and closing below wedge support. Not good, not good. Bearish breakout puts focus 2050, followed by 1980 and 1800. Could well remain weak until after August 1 event risk. Need a close back above 2500 to turn me bullish again:
Ethereum looks disgusting to put it bluntly. Testing next support after another break lower and 120 USD looks pretty damn likely, if not 80:
Steem is in real trouble. I said yesterday that .000555 had to hold and it didn't. Into the mid 40's now and move into the mid 30's looks very likely - let's hope the carnage stops there:
We are trading at 1.40 against the Aussie Dollar this evening and 1.04 against the buck. Steem Dollars are currently trading at $1.03, down from a high of $1.35 and up from a 24 hr low of .87 - congrats to anyone who managed to buy at a discount and sell at a premium!
That's me for the day folks, got an epic Halo bender waiting. Remember keep calm and HODLOR.
(base image from pixabay)
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