Good afternoon CryptoPub and welcome to the business day that ends at noon! So pull up a stool, enjoy a beverage, and lets get an early start to the weekend with a look at the charts!
We are correcting down a little today with my red ticker and Bitcoin down 7% to 4k under decent trade volume. Litecoin NEO and Monero are matching the Bitcoin pattern while ETC is holding on a little better and may run out ahead next week. The Poodle race was all green yesterday and is entertaining us with a big swing to the red with FUN and ELF bringing up the rear down 14%.
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I am wearing my optimistic glasses today as we head into the weekend and refusing to see the probable drop in trade volume and price of BTC. On the 3-hour chart, we see the downward cross on the MACD and subsequent correction in price which is typical when that happens. On the STOCH(astic relative support index), however, the red sell pressure line is joining the buy support line and we could see a bounce before the weekend officially hits if volume increases. If that is the case, the bearish projection under any decent volume will be at the median Bollinger Line which is around $4,200. If there are bulls about, we could see a pump to the $4,500 level. Sip a beer and lets watch.
Source/News: https://cointelegraph.com/news/crypto-markets-see-persistent-red-bitcoin-briefly-dips-below-4k
Steem: 
SBD:
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p
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