KAS is settling under the sharp uptrend bull channel, and is somewhat in the middle of the longer term bull channel. I'm Neutral to slightly bullish from here, actually slowly DCA'ing back into this one after recent profit taking. Neutral on MACD and Fear & Greed index.
XRP looking strong on the charts, neutral on MACD and Fear and Greed index, and not topped-out on the current channels. I think it will settle higher but not a moonshot.
I'm long SOL from 142 to 158 over the next few weeks. MACD volume is still slightly bearish and fear and greed is heading back to Neutral. I expect this trade to take a week or two, and it might go higher.
ETH is still recovering from it's little dip, coming out of neutral on fear and greed and MACD is still slightly bearish, but I'm expecting a few weeks of neutral to bullish action.
BTC looking neutral to slightly bullish from here, MACD is fairly neutral, maybe a bit to the bearish end, with fear and greed coming down toward neutral. I don't expect anything crazy and am keeping my entry and TP levels.
KAS - KAS must maintain 0.16382 to maintain bullish structure with a possible move to 0.19. If it invalidates, I expect it will move out of the short-term bullish channel and retest the lower end of the longer-term bull channel - so it could go as low as 0.14 or even 0.12. Overall - Neutral to Bullish until we see invalidation of bullish structure.
AIOZ - AIOZ likes to spend a lot of time on the bottom of the long-term bearish channel. It recently tested the upper bounds 7/29/24 and 8/1/24. I think AIOZ can settle at the midline of the long-term bearish channel where it meets the mid-line on the short-term bullish channel. Short to 0.42, Invalidation - 0.52.
XRP - Long to 0.65, invalidation, 0.54. Recent positive lawsuit news increased interest and volume. There was some profit-taking from the initial news high at 0.65 and 0.64. Looking for a bullish cross in the next few days.
ETH - Bullish to 3,127 - invalidation is if ETH closes on the daily under 2,448. Coming out of peak fear, oversold on 8/9/23 according to MACD with some slight bullish momentum.
BTC recently had a death cross on the daily. I see some folks buying the dip and we are back to neutral on the fear and greed index. I'm short from here until BTC gets to the bottom of the channel, then will reassess.
BTC - Short-term long as fear is worked-out of the market from recent selling pressure and dip buyers come in. We have an impending Death Cross coming-up on the daily, so I expect short-term bullish divergence before BTC continues downward.
ETH - Short term, bullish as fear works it's way out of the market and we hit oversold levels. I foresee ETH attempting to get to it's main moving averages and the 50 DMA, but we are very close to a Death Cross on the daily so any bounce I expect will be short-lived.
KAS - Slightly bullish. MACD coming back to neutral, despite recent selling pressure and bearish divergence. KAS is still staying within the larger bull channel and held at the 0.12 cent level, so I expect a possible bounce to 0.17 before coming back down to the 200 DMA. If we hold at the 0.14 level, I foresee KAS testing the shorter bull channel lower bound which...
Kaspa - Bullish. Kaspa has been green in a sea of red this past week, still very bullishon the daily with a healthy pullback. -Tested the top of the long-term bullish channel which started 11/04/2023. -Moving with the more recent bullish channel starting 5/1/24. -Keeping with the long-term trendline with a healthy pullback to 0.18269 (keeping with...
BTC - Short to 56,251. BTC has been going sideways since Feb 29th, 2024, respecting the sideways channel well on the daily charts. We've seen some selling here following the "M" pattern that played-out over the last 2 weeks. MACD shows some buyers coming-in but overall, we still see selling as we approach neutral. On the fear & greed index, we still have not...
ETH - Short-term Bearish from 3,120, especially if BTC does not maintain 63k on the daily candle close. MACD has some sellers with a slight bullish divergence in the neutral zone, heading to oversold but we are not there yet. Fear and Greed index shows we still have not reached the peak fear zone. I think we might see continued selling until 2,786 to 2,804 area...
I like ABT's tokenomics with about 98 million in circulation. It was a great play earlier in the crypto bull cycle and I think early profit takers will jump back in as we move towards $5.00 later this year (Nov). My short term targets for price (on the daily) are around 2.85 to 3.67. It has consolidated well, we've seen recent buy signals kick based on technicals,...
BTC - as of 4:39 PM MST 8/1/24, BTC is currently neutral. We held at the 50 DMA, hit some selling down to my previous target of 63k to 64k, I expect with fear and greed neutral that BTC tomorrow could easily go either way. Based on the time BTC spent on the upper part of the long-term sideways channel, we could easily see BTC test the 100 or 200 DMA. That doesn't...