KAS Inverted head and shoulder break outlooks like we are breaking out. Might travel to the next POC marked as well.
KASUSDT trade ideas
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.
KAS USDT By HesamUNTHey traders
look at KAS , back to the ATH !!!
can we break it up ?
still bearish as long we play below this lvl
share ur thoughts and leave a comment
"@timbrecoin1 bro u know the rules"
wish you the best :x
Kaspa trend directionWe are in a down trend as of 0.0369 confirmed if we do not break the local high on the 4hr we continue the trend next liquiity level indicated in the yellow circle
KAS USDT - Don't be getting so Bullish Kas is heading into strong resistance with this macro value area high lining up with the fib golden pocket. I will be looking to short around here.
$KAS - Kaspa with Ascending ChannelKASPA looks like will bounce inside the huge ascending channel formarions.
Trend reversal coming soon, Bearish KASusdt/KaspaThis analyse is ANTI FOMO/FUD, this ananalyse is realistic. I hear stories from KASPA believers that Kaspa will defeat Bitcoin, that it will only go UP. we heard those stories million times with other projects, just to mention Luna, Solana, matic, FTT and so many more. what did they ALL HAVE IN COMMON? they ALL DUMPED.
So now, i look at kaspa, i see LOW volume, i see overbought RSI, i see bearish divergence, i see more than 30,000% price increase, i see almost 1 year of uptrend, this is all SIGNS of exhaustion and signs of TREND REVERSAL. nothing goes UP forever, when you see indicators flashing ALERTS, its time to LEAVE.
i predict with GOOD market condition and stable BTC, kaspa MAY STILL go to around 0,055 or 0,08 MAX.
BE CAREFUL. #kasusdt #bitcoin #kucoin #MEXC #kaspa MEXC:KASUSDT KUCOIN:KASUSDT COINEX:KASUSDT
KASUSD ShortLost my trade from chart, so image should do it:
I hope that we swing up to supply zone. Already got under demand for a sec.
Weekly:
Monthly:
Move your SL in long trades.
kaspakaspa will go down MEXC:KASUSDT you can see head and shoulder pattern in daily time frame and you see it break the support line and pullback to it. now its time to go more down
KAS SLEDDINGLooks like Kaspa is in a nice downtrend. good r/r here . Resitance below SL and we are at the top of a descending triangle pattern.
KASUSDT will keep dumpingKASUSDT looks very bad
Bearish formation aka head and shoulders is playing out. We have already seen a susscessful break down and even bearish retest.
Every bounce is a short opportunity.
Target for shorts / Entry for longs is a green area shown on the chart.
Good luck KAS lovers.
kas head and schoulder dropping downKas has a head and schoulders structure on the 4hour. with the overall market increasing beacause of he Grayscale outcome, Kas holds it downtrend trendline and went down on its road to 0.021
ABC correction almost finishedUpon meticulous examination of the chart patterns for KASPA, it's evident that the ABC correction is nearing its completion. This corrective structure, commonly found after significant trends in the market, provides insightful indications for traders on potential future movements.
We've observed that the C wave of this correction, typically the last leg, is currently forming its 4th wave. Historically, after the culmination of the 5th wave, there's often a pronounced shift in momentum, signaling a strong potential for the end of the correction phase. Thus, we are keenly anticipating the formation of the 5th wave, which could mark a pivotal point for KASPA.
Assuming the pattern holds and there aren't any unexpected external market influences, once this 5th wave concludes, we could find ourselves in a prime position to enter long trades. This potential reversal from the correction could offer significant profit opportunities for traders who are prepared and vigilant.
However, as with all forms of technical analysis, it's paramount to combine these observations with other technical indicators and chart patterns to validate the direction. Moreover, considering external factors such as news, events, and overall market sentiment can offer a holistic view and better-informed trading decisions.
In conclusion, while the near completion of the ABC correction suggests bullish sentiments are on the horizon, traders are advised to exercise caution, use stop losses, and ensure proper risk management techniques are in place before entering any trades.
KAS is gearing up for a surgeKAS T3 Fibo is supported by the VWMA. We are still in a bullish area. The SMI clearly indicates that the KAS market is gearing up for a surge. Two scenarios have been identified: Scenario A, where the price could potentially test the 0.0375 USDT support before rising to 0.051 USDT, and Scenario B, where the price might directly break the 0.042 resistance and then rise to 0.0519 USDT.
KASPA will fall ABC correction on point. 0.018 -0.026 is coming weather u like it or not.
Keep your bags ready for one last generational entry
Be Careful. All That Shimmers Is Not Gold...Looking a little toppy on the weekly. Could move up a little more before the move down. As always, practice good risk management.
KAS LONG IDEA$KAS, I believe that the wave has completed, and it is currently in a downtrend, which is wave 2. This could potentially go much lower from my perspective. Right now, I am awaiting the price movement towards WAVE B OF WAVE 2 and descending further into WAVE C, which could potentially be quite deep.
NFA!
KAS IDEAThe pattern is called ascending broadening wedge. The target may be as far as 0.03. Invalidation is 0.043
KASPA ( Bearish flag)As I have updated my last Kaspa chart regarding the warning of potential drop. I'm just gonna Post a new chart. This channel id only for OGs who don't just blindly follow "TV influencers". As you can see there was a major resistance and we got reflected back from there.
Short term relief, then see you at 30-32Looks like a bit of short-term relief and then more down, following BTC.
KASPA oh my dear KaspaLong term trend is downwards toward 0.026 and 0.012 range.
Short term trend is to bounce back and confirm ABC correction
KASPA Bullish and Bearish Potentials Short-Term8.17/23... 4h bullish div. More likely break to upside by Aug 21 at latest. Less likely downside. Thinking next level is either 0.382 @0.030 or the daily at 0.026 if we go down. 0.045 retest to the upside then price discovery if it cruises through daily resistances on the way up. Pay attention to indicators on all TFs as we move thru Aug. Larger term timeframe downward trendline possibility of staying under. If that happens, I would expect us to reach the golden pocket at around 0.02 by Sep 18th at the latest before a massive upside move.
