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RE: Market Snapshot - July 8th 2018

in #steemit • 6 years ago

We had a nice new pump last night in all top cryptos.
Bitcoin was trading inside a triangle and managed to break out on the upper side as a nice portion of volume came in. It has been quiet after that, but price is getting closer and closer to the $6900 resistance line.

Screen Shot 2018-07-08 at 14.32.05.png

EOS managed to cross all three MA lines and punched the $9 level. Then retraced a little bit creating a bull flag around $8,8

Screen Shot 2018-07-08 at 14.32.18.png

STEEM was one of the cryptos with less reaction and its movement was probably just the reaction to bitcoin. The bit bull candle managed to cross all three MA lines and then retraced back with 200MA as a support. At present moment is moving upwards towards 100 MA line. Volume very low again.

Screen Shot 2018-07-08 at 14.32.37.png

6 years ago in #steemit by
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