Good morning CryptoPubbers and welcome back inside the pub as we ruminate over crypto charts with a beer and prep for airdrop day. A nice pump right about now would be stellar.
This morning is a sea of modest red as Bitcoin leads the trend again, almost 4% down from where it was yesterday at this time. ETH is very close at -3.5% with Monero and NEO down the most at just over 6 down, and ZEC still outperforming the pack almost dead even over 24 hours. The Clown Race is not an impressive spectacle this morning as XLM is leading TRX by a hair,while ELF FUN and ZRX bring up the rear.
T&A today brought to you by 
The 6-hour BTC chart is interesting to watch as the Bollinger Bands indicator seems to be dictating the pattern. Price has corrected distinctly off either the median line (to continue a bullish/bearish trend) or the outside lines (to flip/flop from bear to bull.) The price broke down from the small ascending bearish wedge that started a week ago, and the MACD crossed downwards so I expect a drop to 8k and hopefully a nice distinctive correction back up in the next couple days. This could be a cup and handle moon pattern beginning to form but too early to tell until we slowly back to the $9400 level in the next week or so.
Bonus ETH T&A brought to you by 
If we take a look at the 12-hour Ethereum chart, we can see price broke down out of the upward channel started at the beginning of April. It has formed into a flag which could break either way as price consolidates between $650 and $740 and volume decreases. ETH has been following BTC pattern wise and will most likely continue to do so but I am eyeing an entry at about $660 depending upon how BTC does in the next couple days.
Coins wishing they were the #cryptopubairdrop coins today include:
- DAI (DAI) - Decentralized stablecoin - https://makerdao.com/ https://www.tradingview.com/symbols/DAIBTC/
- ZenCash (ZEN) - Secure, private messaging and crypto - Zeke called this out yesterday on Discord - https://zencash.com/ https://bittrex.com/Market/Index?MarketName=BTC-ZEN
- STEEM (STEEM) - Up 8% today so tips are worth more! https://bittrex.com/Market/Index?MarketName=BTC-STEEM
Personal Trading Strategy today - watch hourly STOCH for good LTC, ETC entry points, Monero and EOS still a good deal, find out where I put my zencash
Source: https://www.youtube.com/ (watch?v=CuyKvB1do6k)
Source: https://www.youtube.com/ (watch?v=5FrWlfBUo0k)
Please keep supporting the Tuesday Airdrop initiative through a donation to one of the following addresses! We also accept alt coin donations that can be used in the Airdrop!
Steem:
SBD:
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
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