KASPA: Pullback in UptrendTrade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on pullbacks near $0.15 support area for another swing trade entry with +25% upside potential back to $0.19. Stop Loss (SL) at $0.138. If price breaks above it's ATH of $0.1.94, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.207 (61.80%), $0.223 (78.60%), $0.243 (100%) and $0.30 (161.80%).
Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.15, then $0.13. Nearest Resistance Zone is $0.194, then $0.24.
Kaspa
KASPA: Pullback in UptrendTrade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on pullbacks near $0.15 support area for another swing trade entry with +25% upside potential back to $0.19. Stop Loss (SL) at $0.138.
Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.15, then $0.13. Nearest Resistance Zone is $0.19.
Analysis for Kaspa (KAS)### Analysis for Kaspa (KAS)
#### Current Market Situation
Kaspa (KAS) is experiencing significant growth driven by recent listings on major exchanges and active community involvement. The recent listings on Bybit and Coinone have significantly increased visibility and trading volume.
#### Technical Analysis
1. **VMC Cipher B Divergences Indicator**:
- **Daily Chart (D1)**: Indicates a strong bullish momentum with recent buy signals. The price has reached new highs, suggesting a continued bullish trend.
- **Four-Hour Chart (4H)**: The analysis shows that KAS is approaching overbought levels, which might indicate a potential short-term price correction.
2. **Gann Fan Analysis**:
- **Four-Hour Chart (4H)**: Indicates an upward movement, with the price adhering to key support and resistance levels. If the price remains above the 1/1 line, it confirms the bullish outlook. Falling below the 1/1 line will signal a possible bearish momentum.
3. **ADX and DI (Average Directional Index and Directional Movement Index)**:
- **Metrics**: ADX - 51.99, DI+ - 42.65, DI- - 5.54.
- **Interpretation**: A high ADX value indicates a strong trend. A high DI+ value compared to DI- confirms a strong bullish trend.
4. **Linear Regression and Channels**:
- **Daily Chart (D1)**: The current price of KAS is in the upper part of the channel, indicating strong upward pressure. If the price breaks above the upper boundary, it could signal continued growth.
5. **MACD Indicator**:
- **Parameters**: Fast EMA - 12, Slow EMA - 26, Signal Line - 9.
- **Interpretation**: Current MACD values indicate an upward trend, with the MACD line above the signal line, suggesting further growth.
6. **Squeeze Momentum Indicator**:
- **Parameters**: 20, 2.0, 1.5.
- **Interpretation**: Current values indicate that KAS is in a phase of strong bullish momentum. High green bars suggest ongoing growth.
#### Entry and Exit Points
1. **Long Position**:
- **Entry**: $0.170 (current level).
- **Stop-Loss**: $0.150 (below recent support).
- **Take-Profit**: $0.200 (first target), $0.250 (second target).
**Potential Profit Calculation**:
- With 10x leverage and entry at $0.170, aiming for $0.200, potential profit is approximately 17.6%.
- If the price reaches $0.250, the profit is about 47.1%.
2. **Short Position** (if the price fails to hold support):
- **Entry**: $0.160 (below support).
- **Stop-Loss**: $0.170 (above resistance).
- **Take-Profit**: $0.140 (first target), $0.130 (second target).
**Potential Loss Calculation**:
- With 10x leverage, stop-loss at $0.170 when entering at $0.160 results in a loss of 5.9% if triggered.
#### News Analysis and Public Opinion
- **Community Growth**: Kaspa has shown a 298% increase in Twitter followers, indicating strong community support and growing interest.
- **Recent Listings**: Listings on Bybit and Coinone have significantly increased the token's visibility and trading volume, contributing to recent price spikes.
- **Future Predictions**: Analysts predict short-term stabilization with significant growth potential in 2024. Significant growth to $0.10 is expected by October 2024 before a gradual correction.
#### Public Interest and Social Metrics
- **Search Trends**: Increased search volume and social media mentions indicate growing public interest.
- **Community Engagement**: Active community participation through AMAs and social media increases investor confidence and interest in the token.
#### Conclusion
Kaspa (KAS) shows strong bullish potential with the support of an active community and strategic exchange listings. Using technical analysis and considering market sentiments, traders can determine optimal entry and exit points to maximize profits while minimizing risks. Regularly monitor news and community trends for timely strategy adjustments.
Kaspa good chance for long Currently showing strength, but I am leaving some capital for the monthly plus weekly level. For futures trade you need to see a higher high for safety. I certainly expect much more prices for Kaspa.
Where the bottom will be will be decided by the market. You can see the zones where I follow, so I will make an update
Riding the Bull: KASPA Breakout in Uptrend ChannelTrend Analysis:
Uptrend Channel: The chart indicates an upward-trending channel. The price is oscillating between the upper and lower boundaries of the channel, suggesting a long-term bullish trend.
Support and Resistance Levels:
Support : The current support level is around $0.11060, which aligns with the lower boundary of the channel.
Resistance: Key resistance levels are marked at $0.16000 and $0.19337, which align with the upper boundary of the channel.
Key Price Levels:
Current Price: The current price is $0.1401.
Immediate Resistance: The price is approaching the immediate resistance at $0.14047 .
Immediate Support: The next support level to watch is $0.10233 , which is a significant level below the current price.
Indicators:
Stochastic Oscillator : The stochastic oscillator is visible at the bottom of the chart, showing potential overbought or oversold conditions.
The oscillator is currently in a mid-range, suggesting that there is room for movement in either direction.
Volume : The volume bars indicate the trading activity. There seems to be an increase in volume, suggesting heightened trading interest.
Potential Scenarios:
Bullish Scenario:
If the price breaks above the immediate resistance at $0.14047, it could move towards the next resistance level at $0.16000.
A further break above $0.16000 could see the price reaching $0.19337, which is near the upper boundary of the channel.
Bearish Scenario:
If the price fails to hold the support at $0.13174, it could fall towards the next support at $0.11060.
A break below $0.11060 could lead to a further decline towards $0.10233, aligning with the lower boundary of the channel.
KAS/USDT 18c June 4th FRB - Selected Interest Rates Kaspa stands as the fastest, open-source, decentralized, and fully scalable Layer-1 blockchain in existence. It introduces the groundbreaking blockDAG architecture—a digital ledger that facilitates parallel blocks and instant transaction confirmations. This innovative design is driven by a robust proof-of-work engine, providing rapid single-second block intervals. Developed by industry pioneers and supported by the community, Kaspa is poised to redefine blockchain technology. Significant advancements are on the horizon, with KAS soon achieving 10 BPS on RUST. The charts indicate strong upward momentum from origin trend lines and Fibonacci channels. The next Elliott wave sequence is about to begin, with the rising wedge pattern emerging across multiple time frames, from 1 hour to 3 days, and even on the weekly chart. Prepare for what promises to be an exciting journey to 18c by June4th
KASPA THE END OF A TRIANGLE !After numerous encounters with both the rising and falling trendlines, we find ourselves in a tight consolidation phase, poised for a breakout in either direction. The potential range for this breakout could be as significant as 48%.
Scenario 1: Bearish Breakout
If the price breaks below the descending trendline and subsequently breaches the 0.1317 support level, we could witness a Increase towards the subsequent targets of 0.1526 and 0.1835, respectively.
Scenario 2: Bullish Breakout
Conversely, if the price manages to break above the ascending trendline and then surpasses the 0.0975 resistance level, we could anticipate a Decrease towards the targets of 0.078 and 0.052.
Confirmation of Breakout
It is crucial to note that a breakout is considered confirmed only when the price closes a candle above or below the respective trendline or support/resistance level on the 4-hour timeframe.
Additional Considerations
While the above scenarios outline potential price movements, it is essential to acknowledge that market behavior is inherently unpredictable and can deviate from these projections. Therefore, it is advisable to incorporate additional technical indicators and fundamental analysis into your trading decisions to enhance risk management and make informed judgments.
And these are just my analysis and not economic advice, you should enter into trades based on your own knowledge and analysis.
KASPA Repeating it again?Kaspa coin is performing again the same pattern it played some weeks ago. If this pattern is goin to repeat again, we could see a pump that could lead the price around $0.24 (i have multiple confluence about this target) in the next months. In order to see the pump, the support level at $0.10/$0.09 must hold
#Kaspa Big Rise and Possible Drop: A Look at KAS/USDT#Kaspa Big Rise and Possible Drop: A Look at KAS/USDT
- Current Price: $0.1177
- Previous Analysis Outcome: 90% profit
- Chart Insight: Since September 2022, Kaspa has demonstrated a significant rally, starting from $0.0013 and peaking at $0.189744 by February 2024, marking an impressive 142x increase over 16 months.
- Current Observations:
Bearish Signals: The 3-day chart shows a breakdown and retest of the bear zone for CRYPTOCAP:KAS indicating a potential major dump ahead.
- Key Levels to Watch:
Resistance: The green line at $0.143. Remaining below this level may strengthen the bearish trend.
Support: The $0.1 level is crucial. A dip below this could potentially drive prices down to $0.036 and $0.013.
- Chart Invalidation:
An upward breach above $0.189 could invalidate the bearish outlook and signal a continuation of the uptrend.
- Trading Strategy:
Traders should monitor the $0.143 resistance closely. A sustained position below this level could be a cue for a bearish stance.
Keep an eye on the $0.1 support. Breaching this level might open up lower targets.
Stay cautious and trade wisely!
If you Agree and like My Analysis please RT/Like & Drop your view in Comments.
KASPA Before you LONG, read this.This is one of the coins that I talk to my members for a long setup, but.. People are simply used to this coin that the price goes up non-stop, with certain corrections.
But the same pattern emerged before this impulse(Nov-DEC. 2023).
Wait for the zone to confirm it, because if we look at the chart we will see the first testing of the distribution on March 7 and then again. Then on March 15th there is a price break of 0.14 and a retest twice and a rejection? Wait for it to leak, do not engage in manipulations.. When the structure shows the first signs, a HIGH top, then a small correction that holds the price, we can entry.
The chart shows the zones I am looking at.
All this is valid only if 0.13 drops.
KASPA Still bullish and still strong above the 1D MA200.Back in November (Nov 21 2023) we made a case of why Kaspa (KASUSD) could be imitating Bitcoin's and Ethereum's trend and came up with a logarithmic curve for its growth:
As you can see, in 5 months since then, it has respected this trend-line to perfection. Zooming in on the 1D time-frame, we can see that a shorter term Channel Up pattern is involved. Every time the price broke below the 1D MA50 (blue trend-line) and kept the 1D MA200 (orange trend-line) intact, while the 1D RSI started rising (Bullish Divergence), the market accumulated.
Once it closed a 1D candle back above the 1D MA50, it was a bullish break-out signal. As a result, we are waiting for this break-out to buy and target 0.22500 (+105% rise from the Higher Low).
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KASPA is going so much higher imoNotes on chart, but I've been watching this beast for months now and it has shown massive relative strength time and time again.
Absolutely going higher in my opinion, bullish high time frame price structure. Maintaining HL's and still within its local range.
I do like to note the previous range as well as I think it has some influence still.
Reclaim above yellow though and it is game on friends.
KAS should be a top performer this run.
Vatsik
KAS/USDT on a Promising Journey to Start a Bull Run? 👀🚀 💎Paradisers, your attention is needed as #KASUSDT reaches the edge of a potentially bullish shift, aiming for a reversal from a crucial support zone.
💎Our analysis of #Kaspa indicates a clear adherence to a descending channel, with current momentum hinting at a promising chance for a bullish reversal from the $0.135 key support zone. Maintaining this level could signal the start of a noteworthy bullish trend.
💎Ready to capitalize on what's ahead? Here's our plan: If CRYPTOCAP:KAS falls beneath the $0.135 support, we're gearing up for a rebound from the next support tier at $0.115. A breach below this additional mark would call for a reassessment of our bullish stance.
KAS || kaspa big drop 🩸 is coming Pls 🙏 do your own research 🔎
Just casual view 🙂 on CRYPTO:KASUSD
🗝️ There was bearish 📍 & 📍 bullish wolf theory 📍 hidden in present developed chart 📉📈
I am expecting bearish reversal from resistance $0.085 - $0.14 range 📍
Present we can't confirm drop 🩸 based on top 🔝 we can confirm 👌 but my assumption
Bearish wolf wave green 💚 box 📍 60% above drop 🩸 expecting
Successfully we entered phase 1 📌 bull run 🐂
I explained details clearing how bull goes in 4phases
My view on KASPA gainers list coin 📌
What ur thoughts 💭 let me know 🥰
$KAS Huge Cup and Handle?CRYPTOCAP:KAS has played out several smaller cup-and-handle patters over the past year. This idea shows two larger cup-and-handle patterns on the $KAS/BTC pair - one which played out already (yellow) and one that could be leading up to a breakout.
If this breakout occurs, it could shoot KAS*1,000,000/BTC from ~3.0 to 5.0 - 5.5. at ~$60k BTC, that's $0.30 - $0.33 per $KAS. Very fair target considering others' recent models.
Where things could turn really juicy, is if BTC continues to rip and closes in on $90-100k... in that case, the target CRYPTOCAP:KAS price range is $0.45 - 0.55.
Good luck!!
CRYPTOCAP:KAS , COINEX:KASBTC
Crypto Surge: Navigating Kaspa's Momentum and Fibonacci Signals Keeping a close eye on Kaspa! The recent surge, a whopping 20% in just 7 hours, indicates some serious momentum. Still riding the ATH wave, and the Fibonacci analysis suggests that hitting the -.618 might be the key for the next leg up. The last 7 hours showing an 11.1% rise - exciting times! Additionally, the RSI is now moving above the MA, adding more bullish signals. Let's see if Kaspa continues to ride the upward trend. CryptoInsights KaspaJourney MarketAnalysis
KASPA Completing?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
CRYPTOCAP:KAS
New one for me, looks pretty clean here.
Not jumping in on this now, no trigger for me.
But watching how things progress, for a clarity entry.