KASUSDT: Bullish Trend (Cup & Handle Pattern) The KASUSDT is currently showing strong signs of a bullish trend, characterized by the consistent formation Cup and Handle Pattern. As the broader market embraces a bullish sentiment, KAS is intriguingly uptrend, and create an impeccable Cup and Handle pattern.
🔍 Technical Analysis:
The pattern suggests a classic continuation of the uptrend.
Keep a keen eye on the formation of the Cup and Handle, indicating a potential upward surge.
RSI and MACD indicators align with the bullish outlook.
💡 Trade Strategy:
Confirmation through the breakout of the Handle for a strong buy signal.
Set stop-loss levels judiciously to manage risks.
Targets are set based on Fibonacci extensions and key resistance levels.
📈 Conclusion:
The meticulous analysis points towards a promising bullish ride for KAS. As always, trade responsibly and adapt to evolving market conditions. Join the conversation - share your insights and let's ride this wave together! 🌊📈
👉 Disclaimer: This is not financial advice. Always conduct your research and consider risk management strategies.
🚁 #KAS #KAStotheMoon #TechnicalAnalysis #CupAndHandle #Crypto
KASUSDT trade ideas
KAS Long Trade SetupKAS has recently broken through the daily descending resistance line established in March, indicating potential for further upside. Currently, it's near a support area, presenting a favorable setup for a long trade.
Trade Details:
Entry Zone: Ladder into a long spot trade between $0.125 and $0.13.
Take Profit Targets:
First Target: $0.1480 - $0.1550
Second Target: $0.176 - $0.1850
Stop Loss: Just below $0.12
Trade Rationale:
Resistance Breakout: Breaking through the long-standing resistance line suggests bullish momentum.
Support Area: Current support zone between $0.125 and $0.13 offers a low-risk entry point.
Conclusion:
This setup takes advantage of the recent breakout and proximity to support, allowing for a strategic long position with defined profit targets and risk management through a stop loss just below $0.12.
Kaspa targets for next high 2024thank God we have people in our #kaspa CRYPTOCAP:KAS community like
@MikoGenno
@Cryptographur
&@SiamKidd who give us some of the best TA known to man on this new and explosive asset that is literally taking the digital crypto space by storm. I am beginning to see more consistant patterns as was mentioned in the lates video by
@Cryptographur
and
@MikoGenno
on the similar time patterns that we see with #Kaspa $Kas.
1) I am blown away how we can see a similar time distance between each high
2) We can also see each consecutive high with a similar percentage increase but somewhat diminishing as we go higher.
3) by plotting these distances and percentages we can almost get a position on the next high.
I think that with high probability, considering the time we have spent in accumulation, we could see #kaspa hit our next target between the dates June 17th and July 10th with a target between $0.51 & $0.59
Of course, all this is not financial advice and always please do your due diligence and research.
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
Possible move to the upside soonKaspa is currently going to the upside in the short time frame...we are having a short Retracements due to bitcoin price action. 11.60/11.28 prices are areas of support you want to look at as we can most likely see a reactions from these levels leading as to continue going to the upside or continue going to the downside if bitcoin price actions goes to the downside
KASPA - BIG PICTURE- extension targets to guide amidst broad consolidation below all-time highs
-indicators (macd/rsi) building positively with rsi showing signs of bullish divergence amidst a potential bull flag building in price
-layer 1 PoW building layer 2 solutions to compete with blue chip PoS competitors like ETH
-no pre allocation, strong solo mining community/developer core
*DYoR/not financial advice
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 $KASCRYPTOCAP:KAS enjoys the peace and quiet around him until it starts pumping again. Many people are anxious because they have bought higher and are now doubting or selling. This will be a fatal mistake looking forward. This will test the longest support line until it is time to send the thing to the moon. Our first overriding target in the next 2 months is clearly $0.60.
One more Pulldown until we have another Rally to the Upside Price is currently ranging around 12/13 cents as we speak, 13.9/14.5 cents is a huge area of resistance, price would most likely react to that zone than continue going down until we reach 0.09/0.093 cents, after that price should continue going to the upside breaking ATH