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...
ETH - Neutral to bullish. I'm expecting some choppy sideways action until the ETF's get rolling. A good buy point for new entrants into this trade would be at 2816. I'm thinking if we get to that point, that will be the turnaround for a nice hard move up as ETF's are still selling right now. ETH can very well hold at this level too, since we are at key MA's before...
ABT has been building bullish momentum at the bottom of the range. We are coming out of peak fear on the daily charts and hit a pocket of buyer momentum. Revising my previous idea for ABT so new TP levels 3.32 and 4.98. This is a long-term trade, my invalidation level is 1.51 or lower on the daily. I consider this a high-risk, high-reward play that will take weeks...
AZERO - Bullish from 0.5190 with TP 0.6064. We have some buyers on the MACD, moving out of peak fear toward neutral. This coin is one of the few green in a sea of red on 7/31 through 8/1/24. Recent history on May 20th of testing/pushing through the channel.
Aleph - Neutral, long-term bullish. Looks like this is trying to go sideways for a few days, if we flush out the last of the fear I believe we can see some buyers coming-in as we bounce off the lower bounds of the long-term channel. I'm expecting a hold at where the long-term uptrend channel low is, which matches up with the mid-line of the short-term downtrend...
KAS - MACD is still showing room to run and KASPA hasn't reached peak greed on the fear and greed index. KAS breached the important psychological level of 0.20, even during wider market turmoil on the 30th. So far...no major bearish divergences! My initial TP level from previous charts was 0.21 however, based on the indicators and interest in this coin I'm...
OVR - Consolidating at the lows, I'm starting to build a position for a swing trade as we see some selling action on the MACD and we are in the peak fear zone. OVR can hang-out in peak fear for a while, so this trade I'm looking to keep building a position for a revival pattern in the next few months. Target buys for me are 0.1508 to 0.1928, TP 0.27.
AIOZ, I'm bullish to 0.58 now, got buyers coming back in the market and we are hooking back toward peak greed area. Looking for normal market action here and a normal reversal around the top of the long-term downward channel (resistance around 0.58). I had a typo on the chart, TP level is 0.58, not 0.54.
XX Network - I'm bullish to 0.093, still need some buyers to come-in according to MACD. We are close to peak fear level, where I like to buy. Entry - 0.069, TP 0.093. We haven't had a bullish cross in a long time, and we have some ways to go for that so I'm expecting normal market action/behavior on this one. Timeline...next week.