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RE: Market Snapshot - August 13th 2018

in #steemit6 years ago

No clear direction yet but Bitcoin seems to have slowly moving up and is pointing towards the $6500 resistance level this morning. There was a big volume dogi last evening after the market crossed the 100MA line which has acted as a support during the night. If volume comes in we may see a nice bull day.

Screen Shot 2018-08-13 at 10.06.47.png

EOS is on a trading range triangle still around the $5 level. It is just trading over the 200MA but nothing shows a clear direction yet, although if bitcoin starts moving up it will probably follow.

Screen Shot 2018-08-13 at 10.07.09.png

STEEM is also on a trading range just below $1 and volume is slowly decreasing, although it has touched that level twice since yesterday and has just crossed the 200MA line. It could cross the psychological $1 today if bitcoin pushes up all altcoins.

Screen Shot 2018-08-13 at 10.07.20.png

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