Well August 1's been and gone and we're all still here XD
Just sold my Bitcoin Cash for a nice little profit - could go up from here, but I don't want to support the coin from a moral standpoint and see more potential in a new and improved Bitcoin. Anyway here's the latest goings on in ...
Crypto Markets
Bitcoin finished the day lower, printing a bearish engulfing candle on the daily. These tend to be quite reliable reversal candles, but I'm not convinced yet. If pair does reverse lower from here, I see a period of prolonged wedge consolidation, rather than a shift in trend. Still anticipating a bullish breakout:
Ether was looking very dismal against the US dollar when I last wrote, but seems to have recovered, having carved a higher low above 170. Pair is bullish above there, but needs to clear last week's highs before anyone gets too excited:
Poloniex seems to have sorted out whatever troubles they were having and their STEEMBTC chart is looking a little better. Pair remains bid above 33 and I remain bullish:
I like the look of the Bittrex chart a lot better so will include that again. Solid support zone with 30 lower bound and bullish engulfing out of there yesterday. Looking for a break above trend-line resistance at 55 and falling:
Currently fetching $1.61 AUD, up 5% in the last 24 hours. Up substantially against the USD, fetching $1.30 from a 24 hour low of $1.07. Steem Dollars are trading at a slight discount, currently 98 cents on the dollar, though up from a low of 83c. Wish I'd caught that! Anyone nab some?
That's me for the day folks. No hip hop today ... My grandfather is on his way out, but it's a beautiful day in Sydney, so this classic Australian ballad from Wendy Matthews seems rather apt:
As usual, 20% of the rewards from this post will be split with 
