The Nagus Report 07/09/2017
Overall, the crypto market is in profit-taking mode.
Look for buy opportunities within the next week . If you are looking to take profits - you've got a lot of company and will need to move quickly.
BTC (Bitcoin)
| Overall trend | MACD | Divergence |
|---|---|---|
| Negative | Bears strengthening | Increasing |
ETH (Ethereum)
| Overall trend | MACD | Divergence |
|---|---|---|
| Negative | Bears weakening | Decreasing |
STEEM
| Overall trend | MACD | Divergence |
|---|---|---|
| Negative | Bears weakening | Flat |
DASH
| Overall trend | MACD | Divergence |
|---|---|---|
| Negative | Bull/Bear Balance | Flat |
Using MACD and Histogram-based trend line analysis.
Analysis is based on bitUSD (BitShares) data.
Image source: http://kiddynamitesworld.com/bitcoin-as-a-metaphor-for-everything/