Good afternoon CryptoPubbers and welcome to the bar as we are thirsty for some Bull action and Brown Ale.
Early this afternoon, we are looking rather flat and stable with BTC down only a 10th of a percent, and most coins within 1% up or down. ZEC is a little lower at 7% down but is just correcting from the run it made the last few days. EOS has resumed its growth again headed towards main-net launch in a few weeks and FUN has taken the lead in the clown race of TRX, 0X, ELF and FUN we like to bet on.
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All we can really do now is watch Bitcoin price action as it will push/pull Alts with it in the next phase. Looking at the daily chart for a more overall view, we can see lots of short and long term resistances coming together and about to produce some action. The sell off seems to be subsiding and this consolidation of sorts may continue and build strength. My bet still lies with a dip to just under 8k and I have another hedge buy in there, reserving some danger money for a possible return to the sobriety line down under 7k. When it eventually does bounce, we will have to watch and see if it jumps back up to 9k in a straight shot and bounces down, or continues with up to 10k and returns us to some time in the sun BULL style.
Coins getting a head start on a bull run include:
- Augur (REP) - The ETH-based prediction oracle pumps again! http://www.augur.net/ https://www.tradingview.com/symbols/REPUSD/
- Incent (INCNT) - Online universal rewards currency - https://www.incentloyalty.com/ https://www.tradingview.com/symbols/INCNTBTC/
- Golos Gold (GBG) - Like SBD but pefgged to 1MG of gold - https://cryptominded.com/coin/golos-gold/ https://bittrex.com/Market/Index?MarketName=BTC-GBG
Personal Trading Strategy Today: Strong hands on last 33% of FIAT for a rainy day, Hedge buy of a few more personal swing trade coins, grab my red cloak and taunt some bulls.
Source: https://www.youtube.com (/watch?v=Ab1MYkJaa-8)
Source: twitter - Jamie_Lyn
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