DClayton

DClayton

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.

DClayton

My projected path based on basic technical indicators shows BTC Possibly going short a bit before going long.

DClayton

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.

DClayton

Neutral on MACD a little bump from the FED rate seems plausible. In at 2,500'ish and out at 3,000'ish. Possible 2nd opportunity to top-up for longer-term swing trade.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.

DClayton

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.