CSPR
CSPR new rally?CSPR after returning to the $ 0.03 price area (IEO price area) can be considered to have completed the retest of the bottom price area to prepare for a new uptrend. With a target price of 0.6 (ie 20 times higher than the bottom). Can this happen when the uptrend returns, when web3 is a potential trend?
CSPRUSDT Hit the 1D MA200 for the first time since April 01!*** ***
For this particular analysis on Casper we are using the CSPRUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where CSPR hit today its 1D MA200 (orange trend-line) for the first time since April 01 2022. That hit resulted in a massive rejection for the token back towards the 1D MA50 (blue trend-line) and even lower on a 2 month horizon.
As a result this is a critical point for buyers. A 1D candle close above the 1D MA200 can potentially reverse the long-term bearish trend and immediately target the next Fibonacci retracement levels: 0.382 and 0.5 until it tests the 1W MA50 (red trend-line). Failure to close above the 1D MA200 can result in a pull-back towards the 1D MA50 (as in April), which is near the bottom of the medium-term Channel Up pattern anyway.
Notice at this point the RSI formation on the 1D time-frame. In contrast to the previous two breaks above the 70.000 RSI mark which formed Lower Highs and rejected the uptrend, the current one is about to close on Higher Highs. That could be an early indication of an upcoming bullish break-out.
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CASPER CAN REACH $19 (£15.50)- CASPER NETWORK can reach £15.50 within the next 2-5 years because it has utility and is solving a problem, along with that they have a great team and great partnerships.
- Most cryptos have hit the 55/89 FIB extensions so it will be pretty easy for CASPER to hit the 34 extension!
- NOT FINANCIAL ADVICE!
Casper Bottomed Out | Multiple Timeframes (160% Target Mapped) Good to write for you again and here we have the classic bottom formation we've been seeing over and over... This is the CSPRBTC pair or Casper.
We have the lower low followed by strong bullish action.
We have the "W pattern" which normally signals a low/bottom/support.
CSPRBTC Daily
- There can be a retrace after the initial breakout.
- The retrace tends to end in a higher low which leads to a higher high.
- Patience is key as everything will move but it takes time.
CSPRBTC Weekly (main chart)
- We can see a broken descending channel.
- The RSI rising.
- Three White Soldiers pattern (confirms only after this weekly candle close).
- Trading above EMA10.
- 160% Target mapped.
This is all for this pair.
Thank you for reading.
Namaste.
CASPER £40 ($50) 2-8 YEARS - Casper Network..... What is it? Casper is the first live proof-of-stake, 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.
- Casper's Marker Cap: £151,461,181 (01.06.2022)
- Casper price today: £0.029
- £40 DIVIDED BY £0.029 = 1,379
- Lets just say Casper does a 450X from its all time low.... £151,461,181 X 450 = £68,157,531,450 (£13 per Casper Token)
- NOT FINANCIAL ADVICE - DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOUR WILLING TO LOSE! (DCA)
CSPR Wyckoff Accumulation SchematicI've been looking at CSPR possible Wyckoff Accumulation Schematic (WAS) idea that has been thrown around (mostly by Kevin Cage) and tried to adjust the chart to a weekly pattern and I have gone this far. I believe if it plays out exactly as the schematic shown (anywhere in google actually), it should look like this. If this is completely invalid, I would understand also and believe the pattern drawn can be adjusted to the candlesticks already present (like an overlay) and it would also probably adjust itself to the WAS.
cspr MMSMMMSM could be forming , the rejection inside our trading session didn't offer enough downside and we look to have formed a short term low , if we clear the next high 0.430 that will be full confirmation of the sell model and well sell into the stop run ready to target the lows,
Remember the top is always hard to call so don't expect to catch the top of this move if plays out
PREPARE FOR CARNAGE Using the fib the same way we would do to project potential targets to the up side when no data is there to be read , we can also project targets to the downside.
With this we will still look for the HTF BMS to occur before validating the position.
ICO price for cspr was 0.03c anyone who has bought cspr since listed on exchanges is underwater , will they drive price below ICO? . Time will tell biut again we have to prepare some bids.
Using the retracement levels for a potential reversal followed by a structure shift to the upside we can start to build into the trade.
0.0318-0.0181 is where well look for such event to occur and will be our first entry i dont want to DCA into this.
BEST PRICE TO ACCUMULATE MORE CSPRIf there is any any price best for entry for CSPR, it should be at this current all-time low level. CSPR is now currently testing the 0.05 support. I expect this support to hold and as bitcoin have a momentary relief form a double bottom then flip upside. However, if the current support is lost. The next strong support will be 0.01. After that is 0.005(I don't expect to see this price).
CSPR LONG!!!!!!!!!! Short term spot trade here looking the take advantage of any rejection to the upside.
Stop hunt either side , after the run on sell side liquidity we have OB=FVG with large LTF imbalance BULLISH price action,
Remember this is short term trade so take maximum profits.
0.589 is where ill be looking for entries
CASPER NETWORK EASY 44X- Follow the WALL STREET CHEAT SHEET!
- I made easy 10-20X gains since 2020-2021 by simply following the WALL STREET CHEAT SHEET!
- Invest when the market is in disbelief!
- HIGH RISK = HIGH REWARD!
- A lot of CRYPTOS have peaked above the 4.618 FIB EXTENSION - a lot have peaked above the 34 extension, so from the low we are at now $0.048 we could hit a minimum of £2.14 in the next 1-3 years.
- £2.14 divided by £0.04829 = 44.3 - so if you would invest £1,000 at this low you could potentially turn that into £44,000, then look for another 10X project and that's £440,000 do that one more time and you now have £4.4 Million!!! Easier said than done!
- However if your patient then its possible to achieve those gains!
- NOT FINANCIAL ADVICE!
CASPER ABOUT THE BLOW THE ROOF OFF!!!! CSPR showing early indication we could be about to see further upside!
Price swept the liquidity down at .06c and we seen a immediate reaction following this with price forming a daily orderblock and a market structure shift to the upside subsequent running two short term highs.
Now we anticipate price seeing a level of correction coming in the OB and making a higher time frame higher low , as shown on the 4hr were looking to get in the market inside the OB that caused the market structure shift.
ENTRY-0.0655
SL-0.06
TP1-.1381
TP2-MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON