The beatdown in CASPER can't continue forever!Casper has been getting absolutely pounded into the dirt for quite some time now, and it can't continue forever. It has formed a mild double bottom on the hourly chart and may bounce off this bottom soon, potentially resulting in a relief rally. There are too many people who believe in CSPR, and they are bound to start buying again, either to offset previous losses, reduce their buying average, or open a new position.
Good luck, and always use a stop loss!
Casper
CASPER is likely to make a small rally to the upper trend line.CSPR has been getting beaten like a red-headed stepchild for quite some time now after experiencing some major issues with its technology. However, from a trader's perspective, I think we could see some really nice trading opportunities in the next couple of days to a couple of weeks.
Overall, I think CASPER is a complete pile of garbage, hyped by YouTube influencers, and will likely fade away into the garbage can of crypto's past sooner rather than later, but that's just my opinion.
Good luck, and always use a stop loss!
CSPR, Perfect DCA Opportunity?Sector: Layer 1, Smart Contract Platform
Market Cap: $350M
CSPR found its support level around $0.025 in June 2022 and has held it ever since. We have formed a range with an upper bound between $0.055 and $0.060.
We're now close to the lower boundary, so if you think the project has solid fundamentals, this zone is ideal for starting a DCA strategy with a small part of your wallet. We could bounce back in the next few days/weeks. Or we may make a quick visit below support level to get as many investors as possible to give up, depending on Bitcoin.
There are two Take Profit strategies open to you: take profits once we reach the upper limit of the range. Or just sell a small part if we remain bullish and manage to form a bullish structure that suggests extraction from the top and higher prices on a longer time scale.
CSPRUSDT | MT Long H4 | Casper NetworkPair: HTX:CSPRUSDT
Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Stochastics are in Oversold Conditions on H4 time-frame
- Price action is close to bottom of a Parallel Channel
- Price is entering a Demand Zone (Yellow area @ Current rice)
- Aiming for the next two Supply Zones (TP 1 @ Blue Horizontal Line & TP 2 just before Supply Zone)
Fundamental Confluences for Trade:
- Nothing much to talk about Crpyto fundamentals, too many tokens to look at and just look at it as a trading pair with liquidity
Suggested Trade:
Entry @ Area of Interest 0.02700 - 0.03230
SL @ 0.0246
TP 1 @ 0.0389 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.0453
Risk-to-Reward @ Approx. 2.51 (Depending on Entry Level)
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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Casper could potentially gain 40% + over the next few months.Casper (CSPR) is showing a nice chart pattern that could be indicating a nice gain over the next 2 to 3 months. I think this coin could have some very good things coming its way in terms of usage, and utility.
Good luck, and always use a stop-loss!
📈CASPER ---> $20 / lagged from the market rally / Alt Season📉OKX:CSPRUSDT
KUCOIN:CSPRUSDT
Hello traders.
CASPERUSDT is my third suggestion for the altcoin market.
As you can see, the price has consolidated inside a long-term pitch-fork structure.📈
There are two scenarios ahead of the price rally. The first scenario is simultaneously associated with a deep price correction and then its rapid return.📝
In the second scenario, there is a slow move towards the middle line of the pitchfork and then to the medium-term target of $0.058, then the long-term target of $0.08, and the final and optimistic target of $0.13.🎯
👉Important point: Compared to other altcoins and the Total index, Casper has had a negative trend, and in a way, during the upward rally of the market, Casper has been in a stable state and It has lagged behind the market rally.👈
Considering these two scenarios, step buying at this point and then in case of price correction, at the green support levels, is the best strategy.🧨
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
In the following week, I will introduce and complete the list of my suggested altcoins.
I plan to monitor these altcoins weekly.
CASPER drop likely to continue to bottom wedge trend line.CASPER (CSPR) has been getting beaten to the ground like a red-headed-step-child, and even though it may bounce a little off of the right resistance points, it's very likely we will continue to see it drop overall to approx. the .031 level before there's any significant reversal. If it fails to hold this level, it could be catastrophic for the price, but also may present a great buying opportunity for trader's, and long-term holders looking to add to their positions.
Good luck, and always use a stop!
CASPER rebound likely to fail.Many of us have been frothing at the mouth, watching the recent CASPER (CSPR) collapse, waiting for a likely entry point to go long. The bounce we're seeing right now is likely due to the trend seen in the overall crypto market, and not one that's unique to CASPER itself. It looks like this bounce will be temporary, and the downtrend will continue to at least the $0.03218 level before we see any meaningful or sustainable reversal, even though I think that it will go a little lower than that, likely to the $0.03 - $0.031 level. If the bounce does continue, it will likely be stopped at the upper descending trend line (the upper dashed line). If it does break that trend line, it could be a good sign that the reversal is in.
If you enter a long trade, use a stop-loss. In fact, I recommend always using a stop-loss.
Good luck!
📈CASPER weekly --> 150% profit plan📉OKX:CSPRUSDT
KUCOIN:CSPRUSDT
Hello Traders, please check out my previous ideas.
If the price stabilizes above the green areas --> 💥long scenario💥
targets are on the chart.
optimum stop-loss is below the 0.016$ level.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
CSPRUSD At An Interesting Level Of Support Inside A Channel CSPRUSD / Casper token is at an interesting level of support inside a parallel channel. Seems to also be sitting at a level of horizontal support. Minimum target is around 0.07 - 0.08 which is at upper level of channel. It also coincides with a previous level of support and resistance as identified by the blue band.
Will be interesting if this channel holds as support.
CSPR working on a double bottom breakoutThe enckline of the double bottom, which is also the top trendline of this rising channel shown here. Is currently still resistance, however should it start to close a few consecutive weekly candles above this neckline/top trendline and then trigger the breakout the target would be around 9 cents. *not financial advice*
CASPER CSPR CASPER super hype project that showed at ATH 341.29x is now trading at such a price from the public round:
$ 0.03 ROI -1.34x (+34.2%)
$ 0.02 ROI -2.01x (+101.3%)
$ 0.015 ROI -2.68x (+168.5%)
For the public round, all the coins are already on the market. and so we see this rally
I want to catch some movement over the next few weeks while we have a good drive in the market
Best regards EXCAVO
Casper idea #CSPRWhat Is Casper (CSPR)?
Launched on mainnet on March 30, 2021, Casper is the first live proof-of-stake (PoS) blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.