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RE: Market Snapshot - September 14th 2018

in #steemit6 years ago

Nice weekend start!.
All crypto assets kept moving up yesterday. Bitcoin broke the $6500 level after crossing the 200 MA line. There is a MA crossover in a nice sigh of a trend reversal. If the weekend remains bullish we may see a clear new short-term uptrend.

Screen Shot 2018-09-14 at 09.06.15.png

EOS had a nice strong bull reaction with big green candles. The market is trading at $5.4 after crossing the previous high resistance line. 50 and 100 MA lines have crossed 200 MA one as volume came in. We may see a trend consolidation today.

Screen Shot 2018-09-14 at 09.06.38.png

STEEM developed a bull flag during the afternoon after reaching 100 MA line acting as a resistance. Stochastic is on a low oversold area so if bitcoin keeps moving up, I expect STEEM to follow.

Screen Shot 2018-09-14 at 09.06.53.png

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