Daily Crypto Charts! July 5, 2018 (EOS, ETH, BTC, STEEM)
Follow me @steemcharts for daily updates on Steem prices, Bitcoin Prices, Steem statistics and Technical analysis.
Please leave a comment and an upvote as well! Also, let me know if you have any wishes for charts that I should do.
Disclaimer: This is not investing advice. These charts are for fun and beginners. An easy to understand basic introduction to charts.
BTC
BTC hit resistance at $6800 and the market is undecided. Unfortunately the volumes has been gradually low(er) on all recent green days. It could seem as we are losing the little momentum that we had. Sentiment has changed for the more positive, but it doesnt seem to have much substance as people are manic/depressive (bipolar) market-wise. People want it so hard, but fact is that so many has sold and people wanting to re-enter is cautious and are waiting for even lower prices. Will that happen? Maybe. We will see. First we need to break through $6800 on some volume.
ETH
More or less the same story for ETH, except that ETH is not out of it's bearish descending trend line.
STEEM
There has been some pumping in South Korea due to pair with fiat. But other than that volumes are low. Steem is still very very underrated, but we do need to see projects being made. I know they are being worked on, but there is slow progress.
EOS
A little different story with EOS. Volumes are decent. It's currently having the 200 moving average as resistance, bouncing off of the bullish trend line we are yet to bounce through the bearish trendline. I DO expect a bull flag if we see more positive sentiment in the market again, which is of course, unfortunately still relying on what Bitcoin does.
Follow me @steemcharts for daily updates on Steem prices, Bitcoin Prices, Steem statistics and Technical analysis.
Please leave a comment and an upvote as well! Also, let me know if you have any wishes for charts that I should do.
Disclaimer: This is not investing advice. These charts are for fun and beginners. An easy to understand basic introduction to charts.
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