Updated

Waiting to convert some ETH into KAS.

Will consider to start DCAing from ETH into KAS above the orange 200 SMA level, down to the golden pocket (65%-61.8% Fib Retrace lvl).

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FOMOed a little at the current very attractive price level, and got myself a bit more KAS with my ETH stash, for the superior fundamentals that KASPA weld.

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Will convert a bit more of ETH into KAS if BTC pierces above the orange daily 200 SMA.

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KASUSD 4 hrly chart, KAS looks to have turned bullish again.

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Looks like the original plan to accumulate a little more KAS at around the 200 SMA, and then looking to start DCAing within the golden pocket, is still on track. :)

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Relooking at the KASUSD 4hrly chart again. KAS got rejected by the green 50 SMA and has since fallen below the red 21 EMA again. FG histogram has turned bearish again. However, a Bullish divergent is present on the FG histogram. Will monitor if a higher low will be established next on the KASUSD chart suggesting a turnaround, or if lower price accumulation opportunities persists.

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Also note above the thick bearish Ichimoku cloud which will continue to act as a strong resistance. Need time for KASUSD to go sideways at the very least, for this cloud to thin, and turn bullish again.

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Time to start slowly DCAing ETH into KAS:

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Ok, will wait a little longer, redrawn the Fib as shown, using a lower base lvl, since position stopped out below 65% retrace level below the previous golden pocket.
Shall consider to start accumulating again at within this new golden pocket for longterm hold.

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Dipped in a little again after KAS-ETH after considering the weekly chart, where the Ichimoku cloud is starting to form for KAS, indicating where the potential strong support level lies (in confluence with the currently drawn 61.8% Fib Retrace level):

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IMO, looking at the weekly chart above, KAS might fall a little lower vs. ETH, but we are likely near the local bottom before the next leg up. Will set stop loss below the currently drawn 65% Fib retrace level.

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Dump due to Israel retaliation against Iran’s previous massive missile attack attempt on Israel. Managed to pick up KAS again within the golden pocket, after the strong bounce back from below the 65% Fib retracement level.

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KasUSD daily chart:

However, won’t continue to DCA back into KAS after the stopout unless KAS closes and finds support above the yellow line again.

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For the KASUSD chart, if rejected by the yellow line, the next immediate target is the golden pocket:

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KASETH weekly chart: A potential longer-term bullish scenario, if KAS manages to bounce off the golden pocket vs ETH, and recovers to above ATH. Momentum (green line) on the longer-term appears to be turning around, with acceleration (red line) as well on the FG oscillator.

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Bullish divergence present on the ADO vs MACRS in the KASETH daily chart.

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KASETH daily chart Divergences:

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KAS vs USD is now back above the yellow line.
Need the candle to now close above, and remains above for the next candle as well to re-establish support.

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KasUsd, updated measured move target reached. Will the yellow support line hold?

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KASUSD chart have broken down below yellow support line.
Updated measured move as shown below to look forward to DCA in:

Setting the bulk of the rest of my liquid capital aside, and aiming to continue DCAing within the green zone now.

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Conversely, if KAS somehow flips bullish inspite of what the current technicals suggest, I would continue to DCA in cautiously if KAS is able to first break above the solid arrowed yellow line, and enter in a lot more aggressively upon confirmation of a higher high (above the dashed yellow line at ca. 14 cents).

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Shorter term higher-high would be set if KAS manages to go above 0.1235 USD, and if that holds, perhaps I could start continue DCAing into KAS earlier from there.

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Higher low on KAS vs ETH chart on the daily:

Trade active

Trade closed: target reached

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