Good morning CryptoPubbers and welcome inside the pub where Redditers come to spend their Dogecoin on drinks.
Bitcoin, late yesterday, was as high as almost $8,800 but is at ~$8400, down ~2% from this time yesterday. Ethereum, Ripple and ZEC are a touch into the green this morning, Bitcoin Cash is down over 6% and I am eyeing EOS for another buy in with a bit of ETH. The clown race is being lead by ZRX this morning and FUN is stinking it up in last place down over 10%.
T&A today brought to you by who supports the STEEMit movement for martial arts and like the occasional pint as well https://steemit.com/@jiujitsu
The Daily Bitcoin chart is in the oversold territory so I tend to look at shorter intervals and charts for signals it will make a bold move up or linger at the bottom. The 3-hour chart is interesting because price is bouncing distinctly between the Bollinger deviation lines and is respecting the support line so far. With the incoming MACD cross downward, I expect a dip to the lower Bollinger line and am hoping for sooner rather than later.
Coins showing good technique while the big boys consolidate are:
- Agrello (DLT) - Smart Contracts negotiated by AI - https://www.agrello.org/ https://www.tradingview.com/symbols/DLTETH/
- Enigma (ENG) - Secure and private blockchain application platform - https://enigma.co/ https://www.tradingview.com/symbols/ENGBTC/
- Particl (PART) - Trustless, private marketplace blockchain - https://particl.io/ https://bittrex.com/Market/IndexMarketName=BTC-PART
Personal Trading Strategy today: Enter a bit into EOS and Lumens when the time is right, reset limit orders for LTC and ETC, watch BTC for a strong move in either direction in the next few hours. Eat popcorn!
Source: https://www.reddit.com/r/Bitcoin/comments/7vs1ro/the_crypto_world_is_not_for_the_weak_its_for/
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