JaMoonBoy

JaMoonBoy

KAS's price action recently has been divisive. It out-ran the rest of the market for almost an entire year and it's now trying to find a floor. The network has gotten fundamentally stronger since the price action slowed down (secondary assets are now a reality on the network, the hash rate has increased more and more and the KAS token is the only cryptocurrency...

JaMoonBoy

Others.D is bouncing from an established trend line that has held strong for years. Now of course, trendlines fail all the time, but it has bounced from it three prior times, with the first bounce back in 2019. The stochastic has crossed bullish (green circle on right) below the oversold region and then back into intermediate territory, for the first time since...

JaMoonBoy

With crypto being a relatively young asset class it is always difficult to draw any firm predictions from the data (anti- TA investors think TA is hocus pocus regardless). However, the Pi cycle top has so far acted as a pretty good predictor of the bull cycle top (usually crossing over within a few days of the top). If the predictor is to work again, then this...

JaMoonBoy

KAS against BTC is breaking through descending log trendline 💪💪. Will be interesting to see if it closes above on the weekly. Even if you don't believe in technical analysis, this clearly shows how much independence KAS token is showing at the moment.

JaMoonBoy

MYRIA has been through a textbook bearish period since a change of character in March. It has now dipped down to reach an area of confluence between a support zone (purple box), the 0.786 fib and a (potentially dubious) log support line (blue). I will now look for a bullish change of character, whereby making a new high above the white line. Alternatively, it may...

JaMoonBoy

KAS has been through a beautiful consolidation period and is now building momentum for a potential bullish movement. First it needs to explore the $0.19 to test its strength.

JaMoonBoy

Where to next for Turbo toad? Green: $0.0035-$0.005. Short lived consolidation zone. White: circa 75% drop from ATH to the 0.786, entirely possible for a meme coin even during a bullish period. Also Turbo has found support near the 0.786 after previous sustained positive moves. Red: descend at previous bearish angle of descent, and finds support at the...

JaMoonBoy

At the moment, space is the limit for Turbo, with the little astronautical toad taking the meme world by storm. I bought Turbo through late January, resulting in an average cost basis of $0.00028. Today I took some nice profits (after all it's a meme coin) when it hit roughly 30x... however I am keeping 60% of my bag in the hopes that it could go even further in...

JaMoonBoy

Are we ready for an explosion in KAS price? After playing around with the long-term blue support line (lower bound of an ascending channel on the log chart), and simultaneously bouncing off the upper bound of a previous consolidation zone (green rectangle in left chart), KAS looks like its still building strength. Its now attempting to break out from a shorter...

JaMoonBoy

More lines. As stated yesterday, KAS is playing with the long-term logarithmic channel. Let's see what happens. Stochastic has ticked over from oversold on the 4hr chart.

JaMoonBoy

As described previously, the blue channel line shown on this logarithmic chart has been a marker of discount buying strength for KAS since May 2023. In the past, I have used this as a tool (along with other technicals) to buy more KAS. In my last post about KAS I alluded to a negative break through this channel if KAS is obeying the power law, however, given my...

JaMoonBoy

Goldfinch aims to be the poster child for real world assets (RWAs), in particular pertaining to decentralized global credit. And with backing from the likes of Coinbase Ventures, its chances of doing so are exceptional. It's mission is to provide an on-chain marketplace and protocols for trillions of dollars of private capital and debt, allowing millions of people...

JaMoonBoy

KASUSD has one of the most organic charts in crypto currently. As I've stated before, its no surprise when you consider it had a fair launch, with limited marketing (therefore it hasn't drawn in social media moon bois that will pump it and dump it), and, so far, no major tier-one exchange listings. This reduces the risk of exposure to 'market makers' and...

JaMoonBoy

The Pi Cycle Top has been used to accurately predict (usually to within several days) the cycle top for BTC in every major cycle since its inception. Can it be used to predict the top in the ALT market 'Total 3' (crypto market cap minus BTC and ETH)? As can be seen from the chart this would see the ALTs market cap tapping out at circa 2.7 trillion dollars,...

JaMoonBoy

I've been able to follow and pick up positions on every major move in KAS since September 2023 and its all due to simple good old fashioned trend lines on a log chart. Keeping it simple. Why does this work so well on KAS? Because its a fair launch that's undergoing extremely organic growth. That's exceedingly rare in crypto these days. The obvious 20 cents is the...

JaMoonBoy

New non-parallel channel bull flag formed. Non-parallels can indicate a reduction in buying power, so time will tell. But a possible route for KAS if BTC pumps more today.

JaMoonBoy

So far today, KAS has made absolute mincemeat of the immediate resistance, which, including a re-test after previous change of character, tested it 4 times prior. Where will DAG power take us, to new ATH high today?

JaMoonBoy

LXC is currently trying to break out of a bull flag formation. Will it hold overnight? One of the most exciting projects in the space could also be one of the stars of the next bull run.