Good morning CryptoPubbers and welcome inside the pub on a day that should provide 
A little sideways action for BTC over the last 24 hour period and we are up just over 3% this morning at ~$8,500 (low of ~8100 and high of ~8700.) ETH is just ETHing along with a more modest uptick while Eth Classic is leading the way for a few alts. QTUM has had a nice awakening and EOS seems to be gaining some steam as it heads towards the launch in the summer so you should see good up and down on that one.
Today's T&A brought to you by our local celebrity 
Taking a look at the 6-hour chart to get a slightly closer look at where we may go in the short term, we are in overbought territory with some good volume. You will see on the Stochastic RSI, the 6 hour chart tends to linger and zig-zag in over-bought and under-bought often and we have to see if it will correct down (like last top) or wiggle a little (like the top before.) Another interesting part of that chart is how the descending wedge (rather weak resistance) drops its point to the price level we bounced off of in early Feb at that low low. Just food for thought.
If we back out to the daily view for a look at where we may go longer term, it is a Dickens novel really (Tale of Two Cities? nyuk nyuk! Classic! https://en.wikipedia.org/wiki/A_Tale_of_Two_Cities) The RSI is fairly under-bought and undervalued with room to go up and the MACD is threatening to cross up which would be a nice pump. The cautionary tale is the looming possibility of the Death Cross (when the 50-day average crosses the 200-day average downwards) which would signal a larger drop (down to the tip of the Wedge?) Adversely, if the volume and the sentiment continues, the 50 could bounce off of the 200 and we would be headed to crypto spring in a nice fashion. So, be patient and NO FOMO!
Coins inspired by ETC include:
- Qtum (QTUM) - Block Chain for Business applications - https://qtum.org/en/ https://bittrex.com/Market/Index?MarketName=BTC-QTUM
- Steem (STEEM) - Best damn crypto in the world (also with head and shoulders pattern on the ETH chart) https://steem.io/ https://www.tradingview.com/symbols/STEEMETH/
- Ethereum Classic (ETC) - Alt Coin cheerleader recovering nicely - https://ethereumclassic.github.io/ https://bittrex.com/Market/Index?MarketName=BTC-ETC
