Goodmorning everyone,
I'm going to start doing a morning brief every day to update you all on things like the current health of the market, where we are on market cycle, how to approach the next coming days and how to prepare for different situations, and so on so forth. This is a new channel so any suggestions and discussions in the comments are encouraged :) Now let's do this!
Today the market was hit with news of tether subpoenas, and it dipped on the news.
https://twitter.com/coindesk/status/958412561950609409
- coindesk
Some influential people in the crypto community voiced their opinions:
It seems as though the general consensus around the crypto community, is that if Tether DOES end up being a scam, it would force users of the coin to flood the crypto markets with worthless tether tokens and leave the exchanges with [pretty much] nothing. Karma? Let me know what you think in the comment section.
NEO MAKES HIGHER HIGHS!:
Looking at the daily charts on NEO, all signs are a go on all indicators.
-50 MA (Yellow) made a bullish cross above the 200 MA (orange) about a week ago and has gotten some nice seperation.
-Above ichimoku cloud
-cloud is green/bullish
-TK cross completed (Blue conversion line crossed over the red base line).
VERY bullish on NEO going into devcon weekend and the rest of 2018.