XRP I'm expecting some consolidation and profit taking before we move higher. I'm looking for some selling action in the short-term (a few days) but overall I see higher prices in the long term (weeks to months). So short term, I'd like to see XRP fall to 0.54 or 0.56, then as momentum comes back to neutral I'd like to see XRP make a test of the 0.62 area again.
PNG I'm bullish to 0.35, and if we get a nice wick above the 50 and 200 DMA then I can see pressure to push towards 0.50. Rejection at the 0.35 level, I foresee more downward pressure towards 0.23. We are in or headed to peak greed, so expect profit takers along the way.
MATH is an interesting chart, we've rejected off the 50 and 200 day MA's, which coincidentally is the top of the long term downward channel and short-term uptrend. If it holds with higher lows this has a lot of room to run. Most likely, we will test 0.29 again and if we don't push through and sustain above those MA's then I can see this coming back to test 0.20 easy.
ALEPH - I am looking for some sideways action on the charts as we bounce off the low which is around the bottom of the overall long-term channel. Daily price action is building and fear/greed is fairly neutral today. I'm slightly bullish to 0.27 where I think things turn around unless we punch through both the 50 and 200 DMA.
DIA - I'm short to 0.36. We've hit peak greed zone so I expect profit takers who bought in at 0.31 to be active, at least until things chill out a bit. I put a path on what I think it will do...but it might take a week to flush out sellers and find a bid.
BTC on the weekly we are about mid-line on the fear and greed index, slightly weighted toward fear. We had a good move to 67k on the daily and I'm hopeful we still get to 70k within the next week but if volume drops out we could see a quick reversal back towards 63k. We haven't seen a death cross or anything on the daily but things are frothy right now just...
FET is one of the more riskier plays here, it could pump but we had a recent death cross on the daily on July 11th. We are close to peak greed, so I'd like to see the fast line hook up to confirm we have room to run. Personally, I'm not setting a SL here because I'm waiting until after the merge to ASI to see how things go but it's never wrong to TP if you made...
I've been playing KAS for the better part of 2 years and for the life of me, I'm not sure why more people are not taking advantage of it. Over time, it has followed a nice logarithmic growth pattern (around 180 days), technical indicators show we are out of peak fear after the last impulse up, heading to peak greed. KAS continues to consolidate higher, now in the...
I use Degenerate indicators (very similar to MACD, RSI, and MA's). I see BTC has room to run on the daily charts to 73k, before some profit taking sends it back to 63k. This is a swing trade idea, so I won't be trading intraday, possibly will need weeks for this to play out. Confirmation sooner invalidates this as a swing trade (BTC moves fast). My first TP 66k,...