The Nagus Report 07/12/2017
Profits to return next week?
Some negative trends hitting the floor with upward momentum building in the histograms.
Look for value increases to occur with some force as cryptos, currently, feel overwhelmed by short-term speculators.
Without any significant MACD crosses, towards the upside, I'm still seeing negative trends until a week or two. If you're bargain hunting - these 'sales' won't last long.
DASH is looking very bearish... Ouch! if you're buying right now without a long-term plan. Still.. buy when the bleeding stops 'cause DASH is in major pain probably until BTC pops back up.
BTC (Bitcoin)
Overall trend | MACD | Divergence |
---|---|---|
Negative | Bears weakening | Decreasing |
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 | Bears Strong | Positive |
XEM (NEM)
Overall trend | MACD | Divergence |
---|---|---|
Negative | Bears weakening | Flat |
Thanks for reading!
Happy crypto collecting.
-The Nagus
Using MACD and Histogram-based trend line analysis.
Analysis is based on bitUSD (BitShares), Coinbase, Poloniex and others depending.
Image source: http://kiddynamitesworld.com/bitcoin-as-a-metaphor-for-everything/
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