CryptoMobster

CryptoMobster

It's a rough one if your holding majority alt-coins. Certainly not the time to do so if you are in a mess to look at your BTC value in your wallets. It will come down eventually...

CryptoMobster

XRP, despite having so much going on in the background, the pricing still remains low for investors as a valuation. Even the FairCoinValue of this asset is well over $1.40 right now based on the fundamentals.

CryptoMobster

Is it possible that the downwards pressure is over and a possible long? So far not enough confirmations to warrant an entry but it is possible for a retest of $8K regions. It's a risky range this...

CryptoMobster

Still looking very bearish for BTC over the next coming days, wonder if there is a sign of a santa push like last year or if we will keep on falling down to some more lows... Bearish targets remain and have been set for a while now.

CryptoMobster

With all the upcoming news on the scalability will we ever see a pump from ETH with investment coming in? Got to wait and see if we can get out of this downtrend

CryptoMobster

Looks like the bearish trend will continue going down, although strong regions of support but equally strong area of resistance pinning it down. A good entry is key around the .618 fib mark...

CryptoMobster

Two days ago I said a long move was possible, with CME Futures expiry we got caught in a short and the bounce took us out but at the time shorts looked justified. Right now, with that out of the way, does BTC have enough firepower to keep going from the lows to these possible new highs?

CryptoMobster

So much to consider here with BTC. To valid plays however we seem to be stuck in the middle at the moment. Market sentiment seems to be on the side of the bears right now though...

CryptoMobster

This is one possible area if BTC can break above that 7671 regions... A retest of 8100 resistance...

CryptoMobster

ADA Starting to look very good. Although has a few areas it needs to breakdown first but overall it's in a range that people would start to get some interest from... Possible longer-term bullish targets set and the for the first time in a while. ADA is out running BTC which would indicate the result of the BTC Dominance coming down (slightly)

CryptoMobster

BTC Looking weak throughout the last few days then came and hit 6800 regions again due to UpBit being hacked... Was this a pure fundamental move...?

CryptoMobster

Same as BTC really. no real direction to get involved just yet on this longer time frame. But weakness is a big factor with support just below It does appear that there is a real lack of volume from the bulls at the moment.

CryptoMobster

Although we spotted some bulls yesterday. BTC didn't move up enough to consider it as a long. Considering we are now $200 below that top. It is still indecision throughout and would wait before any moves are played.

CryptoMobster

Wait. Wait. Wait. Just need to see how strong this is but there does seem to be a momentum change. RSI Going up and price action going down is key. But need to break resistance to act further. staying out for now.

CryptoMobster

Results so far are good following this trend down, no clear signs of a reversal yet. It is a weekend though... Wait for clear direction but in terms of going short it's heading down still...

CryptoMobster

Seems bleak. It is Bleak. But longer-term the interest within ETH may well change going from POW to POS. That could majorly change everything. 7th December is a key date with a fork. But throughout 2020 ETH will be looking at improving its scalability. Then people will be turning to it again...

CryptoMobster

What a few hours it has been for Bitcoin. 8100 yesterday to 7100 today... If you are new to cryptocurrency. Welcome. It can be a little rough. Key ranges marketed out on the chart. If I was you. Don't buy just yet. Wait and see where this bearish trend takes us.

CryptoMobster

Getting rather rough for ETH, big target ranges marked out. Yes we have some FA to deal with but hopefully targets hit before a big long. Either way. Ride the trend and take profits throughout.