Good afternoon cryptopubbers! This place has been a madhouse with the recent FOMO parabolic action and I had to order an extra shipment of beer to keep everyone in drinks. that order seems to have come with #beertoken as well and I will get to that today as well.
Looking at the Ticker today, we see a sea of double-digit red after yesterday's insanity. Take a look at that insane trade volume on Bitcoin in the last 24 hours (Like 7x a normally active day lately) and price is down over 8% on the day to below $11,800. Across the board, Alts are taking it worse and are all down well over 10% including EOS, ETC and OMG closer to 15%. In the Poodle race of entertaining alts, aELF is down over 16% in last place while FUNfair is in first place down only about 8%.
T&A today is brought to you by the OG who has taken his show to #threespeak and encouraging us to ignore the crypto-detractors https://steemit.com/threespeak/@broncnutz/jspukxmm
There is not much to do except celebrate any profit taking, be happy for the FIAT we escaped to on exchanges, and look to the daily chart for a sweet spot to re-buy. Yesterday's insanity caused price to shoot up through the aggressive 100-day support and peaked at $13,800! The lead-up started around 12-days ago with a strong MACD cross upward and subsequent pump. We are correcting down out of Overbought/Overvalued on the daily STOCH (at the bottom) with lots of room to continue the correction. It will be a very bullish sign if price finds support and bounces at the 10k level. This is where the old March 2018 high was, and is pretty close to the median Bollinger line. If price stays above this, we could be in for a big pump. I would prefer it either correct very quickly for a big bounce, or very slowly so that the weekly STOCH has the time to correct out of OverBought as well. Fun times and swing trading is getting exciting!
Crypto doesn't always listen to me so do your research!
Source/News: We must have broken Coinbase.com with the fomo yesterday! https://cointelegraph.com/news/bitcoin-falls-by-1-400-after-crash-of-major-crypto-exchange-coinbase
Beertoken!
I have always figured that the proper combination of Crypto, cute wait staff, and beer would be the recipe for success here. Many thanks to , who, I discovered while checking https://steem-engine.com, has sent me some beer tokens! Turns our the #beersaturday guy
has taken the suddsy stuff bigtime with a website https://beersaturday.com/ a discord server https://discord.gg/ydTRGu and a token on steem engine. I will have to investigate further but think you can tip me in beer by typing !beer as long as you have a minimum of 10 beer tokens in your account? I will gladly accept them and encourage you to increase your stake so that we can start buying eachother beer. Until I have way more than 10, I will give one to each meaningful response to the #cryptopub posts until I am back down to 10. I would give em all away to reward our followers but need 10. So, if you are
or another large hodler of beer tokens and want to send some my way, I promise not to sell them and just to distribute them to steemians here. I may also be inspired to do a whole post on it and feature it in #airdroptuesday if I get enough. So much fun!
Thanks to
for picking up the airdrop initiative ! You can support the triumphant return of the CryptoPub Airdrop Initiative through a donation to one of the following addresses. We also accept alt coin donations that will be given away in the Airdrop!
Steem:
SBD:
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p