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Kasusdtperp

KAS zones for correctionKAS idea shared before but here is small updates MEXC:KASUSDT Possible Targets and explanation idea ➡️W tf. Basic 3 drive pattern on a Weekly chart - bearish pattern ➡️M fvg like a magnet for correction ➡️Most likely we will test buy line on a W tf. and will close at least 50% fvg ➡️Leave 2 main liquidity pools around M fvg ➡️Money inflow indicator Bearish div marked on a chart ➡️Money outflow on a W chart Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Short
by Crypto4light
Soon a Big Move for KaspaKaspa Gann Fan & Fib Wedge Analysis: • Chart Scale: 0.00081. Scaled from high to low. • Fib Wedge: The 1 level acted as resistance three times. • Another interface with 1 level could come as early as today or tomorrow. • The rule of angles gives the downside a higher probability. However, I have my reservations. • The Next Gann angle support is at 0.0875. • The next Gann angle resistance is at 0.135. • Downside potential: 15% • Upside Potential:31%
by NewThoughtCrypto
Kaspa Will Soon Try For Another ATHKaspa's price has been consolidating between 10 and 12 cents for the past 29 days. This period of low volatility has created a congestion zone that is expected to provide strong support for Kaspa's price. Additionally, the low volatility period has caused a squeeze that will likely drive prices to surge upwards. While BB width and squeeze are not reliable indicators of direction, the overall trend is bullish, and the probability is that the breakout will be to the upside. Over the last 11 days, there has been a subtle shift towards a possible breakout. Although KAS is still within the congestion zone, it has been creating higher lows and forming an Ascending Triangle pattern. The target for this Triangle is a 20% upside from the breakout, which will bring KAS close to its all-time high. Trade Idea: Entry: 0.12 SL: 0.11 Target: 0.15 TP: 0.143 R: R: 1: 2.5
Long
by NewThoughtCrypto
Kaspa – Short Term correction on LTFI am uploading early to give you time to consider and prepare. KAS fulfilled Miller’s (2020) three M.S Principles of a bullish to bearish reversal: 1. The market fails to create a higher high. 2. Price makes a LL (price breaks the X line) 3. Price makes another LH in which B > E. Final confirmation is only if KAS makes another LL. I consider this a healthy correction within a bullish trend. As long as Kaspa stays above 0.041, it is bullish on the daily TF. Ideally it won’t retrace lower than 0.062. Risk Level: High Risk. Reasons: 1. Counter trend trade. 2. R: R: to first TP less than 1:3. 3. Final confirmation only if KAS makes another LL. Trade Idea: Entry: 0.0833 SL: 0.091 Target: 0.053 TP: 0.066 0.0533 R: R: 1:2.2 to first TP If you don’t have a position, you can use the demand zone and TPs to accumulate.
Short
by NewThoughtCrypto
Kaspa - Possible Short TradeIn my previous TV idea, I entertained the bullish case for KAS. While I cannot rule out a bullish breakout, evidence for a double top formation and a consequent drop is piling up. Pros: 1. Kaspa is holding above the 21D & 50D EMAs. As long as the daily TF is bullish, I cannot rule out continuation to the upside. Cons: 1. Although Kaspa made a HH, The RSI was showing a bearish divergence. 2. The RSI is showing a sharp decline in momentum. IMO, it shows that traders and investors are reluctant to buy or enter a long trade at this level. 3. The daily chart also shows a bearish divergence on the RSI. 4. KAS broke an upward sloping trend line (daily and the 4H). In my trading system a violation of a diagonal trend line is serious because the diagonal includes two axis’ time, and price. In my experience, whenever an asset breaks a diagonal, you can expect a drop to the origin of the move (at least). 5. If traders and investors were eager to get into a trade on Kaspa, Friday’s (September 22nd) presented a perfect entry: A SF candle with 21D EMA holding support followed by retrace to the 61.8% of the wick and a move back above the 0.045 level. However, there was no follow through! KAS cannot break above the 21 and 50 EMAs on the 1H 7. The 1H and the 4H already show a bearish cross (21 and 50 EMAs). A bearish cross is not important in and of itself but, it indicates a direction, and the direction is likely lower. 8. IMO, break below the 0.045 level and the 21D EMA confirms a Double top pattern. 9. On the 1H Kaspa is compressing in a triangle pattern which suggests continuation down. 10. Bearish Divergence on the 1H also suggests that the most likely direction is lower. 11. A word of caution, Triangles are notorious for fake outs. For me, a triangle is just confluence. I don’t enter trades on the breakout of or, a break down from a triangle. Trade Idea: • Entry: 0.444 (retest of the 21D as resistance) • SL: 0.0474 (above the 21D and 0.045) • Target: 0.0333 (possibly lower) • TP: 0.04 (demand zone), 0.0333 • R: R: 1: 3.83 NFA. What do you think? Please share in the comments. Best wishes
by NewThoughtCrypto
4
How High Can Kaspa Go?ATM, it looks like Kaspa is on the verge of a breakout and a new ATH. First, a word of caution. You should be bearish at resistance. If you want to trade this as a breakout trade, wait for confirmation. Meaning that you should wait for a S/R flip. Regardless, the question is, if Kaspa does break out, ho high can it go? To try and answer the question I will use the following tools: 1. The RSI as a momentum indicator. 2. Classical charting. 3. The Echo indicator by Lux Algo. First, let’s have a look at the RSI: • Weekly RSI is at 67. Bullish and not yet oversold. No bearish Div. • Daily RSI is at 70. Hot, but it could go a lot higher before a pullback. No bearish Div. • 4H RSI is at 72. Hot, but it too could go a lot higher. However, on the 4H we do have a bearish divergence. Pay attention to that because it could lead to a pullback. My conclusion is that there is almost no bearish momentum. Kaspa is bullish and far from being exhausted. Classical Charting: On the daily TF, it looks as if Kaspa is forming a cup and handle with a target of 7 cents. There is additional confluence for this breakout from previous bullish patterns that you can see in the linked ideas. Echo indicator by Lux Algo: I changed the settings on the Echo indicator on the evaluation window and forecast window to 100. Note that if I was using the default settings, the indicator’s prediction is a pullback to the 3.5 cents area. A possibility that is still very much on the table! However, I examined the modified settings against my expectations for Bitcoin and other assets, and IMO, this is the most accurate. According to the Echo indicator, Kaspa could go as high as 8.3 cents. Please use risk management and remember that we are at resistance. NFA. What do you think? Please share in the comments. Best Wishes.
Long
by NewThoughtCrypto
KASUSDT at 4h resistance, likely to head downThe price has bounced well from the daily support DS1 which was our target for the last short trade. We did not take any long though it was a good opportunity for going long. However, now price is coming close to 4h resistance 4HR1 area. I think this zone shall resist the price and push it down again towards the daily support zone. Since the price has strength moving upwards, I will keep the size small for this short trade.
Short
by angela_altair
KASUSDT likely to head to daily support 0.034-0.035The price bounce from hourly support HS1 and hit the hourly resistance HR1. The price is likely to move further down from here towards daily resistance DS1. This makes a short trade favorable here. The target of this short trade should be the daily support DS1 around 0.034-0.035. There is another large time frame idea of the price heading towards weekly support but thats not presented here as we would like to do multiple trades here and therefore, trading mid time frame levels.
Short
by angela_altair