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Kaspa / USDT
Short

#KAS/USDT 8h (MEXC) Ascending channel on resistance

By TradingOn
Updated
Kaspa could retrace down to 100EMA support after that rejection on top.

KKAS #KASUSDT
Trade active
Entry filled
Note
Entry could have been better but stop held and now 50MA is lost, so far so good.

snapshot
Note
KKAS almost hit target and went back up for 50MA retest where it just got rejected.
Adjusting SL at BE and patiently waiting for TP to be reached now.

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Note
Rejection confirmed with a shooting star and now back to critical channel support 👀

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Trade closed: target reached
KASUSDT 1D: TP hit with +2R 🎯

Target was reached nicely then it bounced back on 100EMA support

snapshot
Trend Analysis
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