Get started

Kasusdtsell

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
KASPA kas/usdt (Head and shoulder) ?In trading, the term "head and shoulders" refers to a popular chart pattern used in technical analysis to predict potential trend reversals. The head and shoulders pattern typically forms after an uptrend and is considered a bearish reversal pattern. It consists of three peaks or highs, with the middle peak (the "head") being higher than the two surrounding peaks (the "shoulders"). Here's how the pattern is typically identified: Left Shoulder: This is the first peak and occurs during an uptrend. Head: The highest peak of the pattern, representing a brief consolidation or continuation of the uptrend. Right Shoulder: This is the third peak, usually lower than the head, and forms after a minor rally from the head. The pattern is considered complete when there is a confirmation of a trend reversal. Traders often look for specific criteria to confirm the pattern: Neckline: Draw a line connecting the lows of the left shoulder and the right shoulder. The neckline serves as a key support level. Breakdown: A breakdown occurs when the price of the asset falls below the neckline, indicating that the pattern is valid and a trend reversal may be underway. Volume: It's common to see a significant increase in trading volume when the breakdown occurs, confirming the pattern. Once the head and shoulders pattern is confirmed, traders often use it as a signal to open short positions (sell) or to close long positions (take profits) in anticipation of a bearish move in the price of the asset. It's important to note that while the head and shoulders pattern is a widely recognized and studied technical pattern, it is not foolproof, and false signals can occur. Traders often use additional technical analysis tools and indicators to confirm their trading decisions and manage risk. In summary, the head and shoulders pattern in trading is a bearish reversal pattern that forms after an uptrend and is characterized by three peaks, with the middle peak (the head) being higher than the two surrounding peaks (the shoulders). It can be a signal that a trend reversal is imminent, but traders should use additional analysis and risk management strategies when trading based on this pattern.
Short
by The3eyedFrog
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