CryptoMobster

CryptoMobster

Wait for clear direction. Appears to be another ceiling so don't go long just yet... If you do you are buying at resistance levels...

CryptoMobster

Looks like the retracement as called the start of the month paid off. But CAME off a lot more THAN expected. I'd wait though. Big ISSUE with jumping in too early. You will lose if this goes the wrong way.

CryptoMobster

Seem to be stuck in a bit of an area of no clear direction. I'd wait for the next candle or 2 before deciding state of play.

CryptoMobster

Here we are. Found an area of support for BTC. However, still not the time to go long. So I'd wait for now. Could slam back down. We would recommend no trade at the moment until we get a new candle then go from that...

CryptoMobster

I often wonder how much this actually matters, as an investor it is always good to keep an eye on the dominance, but does it actually stick to the technicals? Be interesting to see if it does. Other than trends, could we use it for even more data and a head start on our trading decisions...

CryptoMobster

Bitcoin has reached a little support ledge. However, we did see a big drop down early this morning into the 10,300 regions. A possible opportunity we go back down there again. Be careful with going long here, the call is more short at the moment with bears in control.

CryptoMobster

Looks likely that we could sink below the $200 mark again depending on the support area. As it stands heavy bears on BTC and ETH. Retracement was due and it is still ugly.

CryptoMobster

Here we go. This is my thoughts. I am certainly more bear than bull right now. Overall the move has to retrace. The 10K target on the FIB from the daily if you are wondering. From approx 1st April. We need to retrace it... ENJOY! CHECK OUT LINKS BELOW

CryptoMobster

BTC is on a level of support held by the BTC bulls. Seemingly strong support but still at risk of a big drop down from here if it fails. BTC does need a pullback to retrace the overall structure but with the stockmarket. We are unsure as to what could play out there just yet...

CryptoMobster

With BNB. Is it possible we get a trend? New rules in terms of how the holding period is for BNB holders (30-day rule) can this be one of the main growing coins when BTC Dominance comes down... Likely...

CryptoMobster

It is looking more likely that BTC will go back down to that 10K region again and test the area of 382 on the fib... I'd be careful. Currently held on the pivot point as support. It is also a weekend. Tomorrow is a key day on the opening of the stock market too...

CryptoMobster

I mentioned that ETH was due a retracement and here we are. Well, in fact it went lower than expected... Can we see sub $200. The overall phase of the trend is on .618 now... So possible stopping point... But could also go lower down to 157 which is the 786...

CryptoMobster

Again we wait to see what happens. Yesterday we dropped $400 off current price with the bearish divergence on the RSI, today it bounced back to the higher regions (the celling of this phase again) Not sure if it has enough energy to go through into the next phase...

CryptoMobster

Looks like a possible dump. BTC has been topping out over the last few days and looking more likely for a comedown. Retracement is needed for longer-term growth.

CryptoMobster

We feel that waiting is one of the best things at the moment when it comes to trading Bitcoin. Leverage platforms can bring you in but also hurt you. Still, feel that this region (as highlighted the other day) is a key area of resistance that has already been rejected. Best case scenario, we wait and see it's the full direction. For a long to be considered...

CryptoMobster

So, the title is obvious. Why should you be using this chart. Well unless you want to keep your Bitcoin, pin your ears back. When BTC dominance is going up and keeps going up it means only one thing. Bitcoin is moving faster than alt-coins meaning your alt holdings are bleeding BTC at a heavy rate. Too many people think they are winning in this industry because...

CryptoMobster

With ETH/USD running close with BTC/USD. It is important to note that if BTC is having a tough day, you do not want to go long on ETH. Yesterday we posted about ETH showing signs of weakness. Now looking very weak compared to it's previous price at the 233 regions.

CryptoMobster

I'd be very careful about going long here. Mentioned it yesterday that it was showing some signs of weakness. We popped up briefly but ultimately closed at the same starting point of yesterday. The biggest element of why people lose money in these markets is due to patience. Lack of it you will get hurt... We still feel that the red box is a possible target.