Still not overbought, high greed levels, I expect a small hike up, some bearish divergence, then a continuation of bullish price action.
I'm looking at BTC first Slightly short to reset fear and greed index, and to let the MACD play out, then long after RSI resets neutral.
BTC short then long with positions before next leg up. Expecting choppy sideways action.
ETH is following my projected path from last week nicely. I see it's not quite overbought and we are in peak greed mode so we can see a nice hard move to the upside to catch-up to BTC by ratio.
My projected path based on basic technical indicators shows BTC Possibly going short a bit before going long.
MACD pretty neutral, XRP is in the greed zone, but will it hit peak greed? I'm looking for a move above 0.65 for a swing trade.
KASPA is still maintaining pretty bullish structure, the recent FED rate news will probably push some money back into stocks and crypto over the next five weeks or so. Close to neutral on DegenerShift, coming down out of peak greed levels. I'm targeting 0.22 and would like to see KAS stick the landing above 0.20. I think KAS will at least test this.
ABT is still tagging the oversold area on MACD, and heading still toward fear on the Fear and Greed index. It's dropped pretty sharply so once bullish momentum returns I expect a pretty hard snap upwards. I'm DCA'ing here at 1.25.
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.