KASPA $KAS, potential level to start DCAing again.
Updated
Bought back a little into KKAS at $0.0325, around the first (green arrow) measured move target.
Higher low and higher high established on the 4hrly, and bullish divergence on the MACRS, with the 50/15 FG indicator histogram turning green again. Will DCA more if candle closes above the green 50 SMA on the 4 hrly.
However, note that the Ichicloud remains bearish, exerting resistance for the current price from recovering toward the 38.2% Fib level.
Expect KKAS to fall to ca. $0.027 though if price falls below $0.0309, towards where the 2nd measured move (orange arrow) target lies.
Higher low and higher high established on the 4hrly, and bullish divergence on the MACRS, with the 50/15 FG indicator histogram turning green again. Will DCA more if candle closes above the green 50 SMA on the 4 hrly.
However, note that the Ichicloud remains bearish, exerting resistance for the current price from recovering toward the 38.2% Fib level.
Expect KKAS to fall to ca. $0.027 though if price falls below $0.0309, towards where the 2nd measured move (orange arrow) target lies.
Note
Fundamentals wise, bullish on KKAS in the far longer term (read the whitepaper), hence will be holding on to my very gradual re-entries from here on out -- DCA-accumulating at below $0.036.On top of DCAing, I am also setting up significant buy orders at between $0.0285 and down to $0.0195.
Note
Hourly bullish divergence playing out. Measured move target (of the "w"-pattern above the 38.2% Fib level as indicated by the orange arrow.Note
4hrly Chart:BTC need to find support above the 200 orange SMA.
Note
Thick orange line = 200 SMAThin orange line = 200 VWMA
Note
Short-term measured move down to the 61.8% level..Note
Daily Chart Update:Note
Now, comparing the 4hrly chart below with the hourly chart above:Interesting!
Note
Need to pierce the green 50 SMA on the daily, and the orange 200 SMA on the 4hrly, to confirm continuation of the bullish trend.Note
Confirmed support above the red 21 EMA and piercing above thick orange 200 SMA and the thin orange 200 VWMA on the 4hrly.Note
Bullish signal on the daily MACRS oscillator.Next, need to pierce and find support on the daily green 50 SMA, to confirm bullish continuation.
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