KAS - Still bullish, important candle close Sunday

28 Jul

KAS followed my charting and projected path very well over the last couple weeks (I haven't adjusted the path in over a week). We still have nice momentum on the MACD, it is down from peak greed on the daily and looks to be hooking back towards greed which is nice. Nothing too concerning on the shorter timeframe charts, normal market action. I'll be watching the close Sunday to see if we close above the mid-line of the upward channel and avoid a hammer candle which could indicate a reversal. TP level 0.1908 to 0.21. Moving my SL up to ensure I can retain profits. If overall bullish action in the wider crypto market persists next week I'm still bullish.

30 Jul

Nota

Nice consolidation, still seeing buyers on MACD and we came down slightly from peak greed, took a break, and will probably go back up.