Good morning CryptoPub regulars and returning weekend warriors! There seems to be a buzz in the air and I really appreciate the shout outs from our long time supporters recently. I am also enthused by the recent market action which is prime for swing trading while still being conservative as we increase our crypto stake. Lets take a look at a couple charts I have been having fun with.

Looking at the ticker as the 9-5ers return to trading, volume is up from the weekend and Bitcoin price is also up almost 3% on the day to just under 8k. The major alts are making me happy as they are all in green including Litecoin again surging ahead of the pack up almost 10% and Ripple floundering at under $.40 showing no growth on the day. In the Poodle race of entertaining alts (ZRX/TRX/XLM/ELF/FUN) we have aELF back in the lead up over 10% on the day while Lumens & FUN fight it out for last, up only barely from yesterday.

T&A Today brought to you by the pub godfather @broncnutz who has his nose in NFL training camp https://steemit.com/sports/@broncnutz/denver-broncos-youngsters-under-preforming
Fundamentals tell me to first look at the daily bitcoin chart to see where BTC is and know that Alts have been following that pattern. for the most part. The overbought/overvalued phase (on the Stochastic relative support indicator) has been more than matched with a lingering on the bottom close to the Oversold/Undervalued section. During this period, we have seen support build up at $7,500 and it was just strengthened over the weekend. Sentiment seems a little split as there is plenty of room to grow on the daily STOCH but we can probably expect to see more trade volume and a return to the median Bollinger line near $8,200. I am waiting to time a buy when the MACD crosses upward but still taking profit as soon as I can to stay relatively liquid in exchange fiat. Let's see if the short term bulls take us back up over $9,200.

Bonus T&A brought to you by @cryptopassion who watches STEEM indicators and is closely watching $.39 resistance https://steemit.com/steem/@cryptopassion/steem-we-broke-the-resistance-line-at-0-39usd-but
A quick look at the Bitcoin Weekly Chart (each candle represents a week of price action) will remind you how easy it is to avoid FOMO right now and take profit when it is there. From the beginning of March almost to June, the Stochastic relative support index was railed on 100% almost exclusively. The closing prices were all above the top Bollinger line (when price is 95% between the lines) and the MACD crossed up over 0 into bullish territory. We are still overbought/overvalued on the STOCH and movements this big get corrected just as hard. This is just my opinion but you can see why I am taking profit with a much clearer conscience and am immune to FOMO at this time. I still follow the daily STOCH but my conservative conscience is the weekly.

Bonus Bonus T&A is brought to you by @slobberchops who once again takes us to a place time has forgotten a while https://steemit.com/urbex/@slobberchops/tales-of-the-urban-explorer-crimble-mill
Being as enthused as I have been lately, I have been swing trading EOS because of the press/trade volume and volatility. I sold at during the pre-VOICE launch pump, rebought at 6.01 (support), then sold at $6.61 for a quick 10% profit trade. I do have a lower buy in that may not close in the short term and am putting a higher sell up near the top of the Bollinger Band in case there is a quick moon and correction. Either way, the STOCH says we are undervalued with room to grow and I am going to see how many 10% trades I can make while trying to keep the balance in FIAT like BTC.

Source/News - BTC recovers and gold loses - https://cointelegraph.com/news/bitcoin-recovers-to-trade-above-8-000-oil-market-reports-losses

When things heat up, we will return to the airdrop initiative for #cryptoPub followers. In the meantime, you can support 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: @vanessav
SBD: @vanessav
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p