CryptoMobster

CryptoMobster

With Mainnet + Wallet releases this is starting to trend up. Could get interesting. Keep an eye on it, could keep going up.

CryptoMobster

Bears spotted, was a good bull run over the last few days but like anything, what goes up does come down. If you are waiting for entry as a long or an investment. I'd wait for further downside.

CryptoMobster

Worried holding alt-coins? IT could get higher. However. It gives opportunities to allow possible buying opportunities at the bottom. Lower the satoshi more % gains you can make on the way up.

CryptoMobster

Even though we have bullish behavior in one indicator it looks very bear still considering the 72% BTC dominance we are currently experiencing. I'd wait for clear direction with the bulls and over some longer-term moving averages before acting.

CryptoMobster

Are we getting ready for a big move up. We do need Bitcoin Dominance to come down as that is in the high 72 regions. But a RSI Bull on the 3D is good for a long term perspective and we could see some price action coming soon.

CryptoMobster

ETH looks interesting. Big volume increase in the last few hours but no movement just yet. Weakness on the candles shows uncertainty. If you are waiting for a trade wait to see what way the price goes. Something looks likely to happen though.

CryptoMobster

So bitcoin showed some signs of strength. Still, overall I am bearish with a possible move down but as it stands for this phase it looks like a retest of that EMA34 region to a possible move up into a 10K test.

CryptoMobster

Bitcoin is in another lull region at the moment, some bulls have shown up but not enough yet. Could see some interesting price action over the weekend but with the Bakkt element I'm thinking still prices will be forced down.

CryptoMobster

We appear to have a lot of resistance and not much action. Had 2 test pumps which ended up in rejection from the MA100. Bakkt news, buy the rumour sell the news and all other elements of stock market news. Not to mention it is a holiday season August can be sometimes flat in some markets. I feel that we have to go down to correct the full move and we are looking...

CryptoMobster

Risky move but the bearish outlook on ETH looks pretty nasty and with the heavy resistance ahead of it, it could get interesting, it will be a big effort and market change for ETH to be over $200 anytime soon.

CryptoMobster

Here we are again. Look more bear than bull and we also seem to have a lack of bull buying pressure at the moment. We need a big break up and to hold as support over the EMA34, but that doesn't look likely at the moment. Wait...

CryptoMobster

Looks like a possible ceiling, already. I'd be careful going long on this over longer-term just because of those 2 previous candles. So just hang fire first. Always better to be safe than sorry.

CryptoMobster

As it stands BNB still looks bearish. Below the EMA's. RSI looking bearish and MACD starting to turn bearish. This could all change in a flash if BTC dominance comes down but right now. I'd wait for BNB.

CryptoMobster

ETH has shown some good support here, could go below 180 and even as low as 156 (next big fib level) If BTC does correct USD value with the likes of ETH, will come down.

CryptoMobster

Check out the previous 2 publications of my thoughts on the weakness of Bitcoin. It seemed very early on (2 days ago) we hit a ceiling and it has played out. Always good to see what the 6 hour is doing. Never try and long resistance or something that has stopped moving forward.

CryptoMobster

Bit of a boring zone at the moment but seems to be a strong support holding for BTC. Rejection again off the MA200. I do feel that top line area of a push would be around the 11,400 zone, that is if we get that far. I am more bear than bull. But at the moment no clear direction as of yet.

CryptoMobster

Appears to be a lot of obstacles in the way so as a risk element, I'd be a little careful on possible downside rejection from the MA200 with that box area. Not to mention the channel trendline $400 ahead. So be patient.

CryptoMobster

I'd wait for the next 1-2 candles to see how much strength it has. Remember that ETH has gone up a lot in the last 24 hours. Strong growth on the greenside but showing a sign of weakness at the pivot point. No one likes to long a resistance zone.