KASUSDT trade ideas
Kaspa/USDT Bearish Divergence on Weekly WITH DOUBLE TOP?!PLEASE READ CAREFULLY:
Bearish divergence is typically recognized through the following characteristics:
Price Highs vs Indicator Highs: In an uptrend, the price of an asset tends to make higher highs, indicating increasing buying pressure. However, if during this time, the indicator (e.g., RSI or MACD) fails to make higher highs and instead forms lower highs, this creates a bearish divergence.
Signaling Potential Reversal: Bearish divergence signals a potential weakening of the ongoing uptrend and can suggest that the buying momentum is fading. It might indicate that the uptrend could be losing steam and that a trend reversal or a corrective move might be on the horizon.
Confirmation Required: It's important to note that bearish divergence alone is not a guaranteed signal of a trend reversal. Traders and analysts usually wait for additional confirming signals before making trading decisions. This could include looking for candlestick patterns, trendline breaks, or other technical patterns that align with the potential reversal.
Here's a simple example:
Imagine you are looking at the price chart of $KAS which has been in an uptrend. The price makes higher highs, reaching new peaks. However, when you look at the RSI indicator, you notice that it's not making higher highs and instead is forming lower highs. This discrepancy between the price movement and the RSI is a bearish divergence and might suggest that the bullish momentum could be waning.
Keep in mind that while bearish divergence can be a useful tool in technical analysis, it's not foolproof, and false signals can occur. It's important to use it in conjunction with other technical indicators, fundamental analysis, and risk management techniques to make informed trading decisions.
Buy now or regret laterEvery crypto speculator should feel FOMO right now, buy this L1 coin before it is too late. This will rocket soon
KAS DCA areasSome data based on previous KAS cycles:
- there were 3 types of corrections: 30% 50% and 70%
- 70% corrections were after new ATH was established
- duration of correction is between 6 days to 51 days for 70%
Based on current PA:
- if this is the 30% type of correction than 0.036 would be the low and we would finish the correction this week
- if this is the 50% type of correction 0.028 to 0.026 would be the low - mid September
- if we get a 70% correction than we could revisit 0.016 area at the end of September
Personal preference:
40% chance we only get a 30% correction and it ends this week
40% chance we get a 50% correction until mid Sept
20% chance we get a new 70% correction. (highly dependent on BTC also)
Statistically September is the worst month for BTC
Limit orders will be set according to mentioned levels and perceived probabilities
$KASUSDT $KAS KaspaKaspa (KAS) price has declined today.
The price of Kaspa (KAS) is $0.04024350 today with a 24-hour trading volume of $17,630,078.48. This represents a -0.32% price decline in the last 24 hours and a -14.21% price decline in the past 7 days. With a circulating supply of 20 Billion KAS, Kaspa is valued at a market cap of $809,229,993.
Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. Whereby our blockchain is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer). This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks). The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.
Where can you buy Kaspa?
KAS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Kaspa is MEXC, where the most active trading pair KAS/USDT has a trading volume of $10,039,054 in the last 24 hours. Other popular options include Gate.io and KuCoin.
What is the daily trading volume of Kaspa (KAS)?
The trading volume of Kaspa (KAS) is $17,633,592 in the last 24 hours, representing a 21.10% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Kaspa (KAS)?
The highest price paid for Kaspa (KAS) is $0.051714, which was recorded on Aug 06, 2023 (10 days). Comparatively, the current price is -22.21% lower than the all-time high price.
What is the all-time low for Kaspa (KAS)?
The lowest price paid for Kaspa (KAS) is $0.00017105, which was recorded on May 26, 2022 (about 1 year). Comparatively, the current price is 23,418.89% higher than the all-time low price.
What is the market cap of Kaspa (KAS)?
Market capitalization of Kaspa (KAS) is $809,229,993 and is ranked #51 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of KAS tokens (20 Billion tokens are tradable on the market today).
KAS Scenario 2If KAS can hold the 0.035 Support Which is where the 50 Day Moving Average is on the Daily Chart, we could see a consolidation and Bullish Divergence which would give us the signal to go all in for the next leg up.
The Target would be 0.12 as it is the Fibonacci 4.618 Extension on this entire move which start at 0.014.
KAS - A bit more fuel to go$KAS might just have little more fuel to go up 0.06 and then correction to 0.027-0.04 range
Nice LONG opportunity for KASSure, here's a long callout for KAS/USDT:
🚀 Long Callout for $KAS/USDT! 🚀
Hey there, fellow traders! 📈 Exciting times ahead as we spot some promising signals for the KAS/USDT pair.
🔍 Technical Analysis Highlights:
- **MACD indicator**: Flashing a strong buy signal, indicating a potential upward trend.
- **Support Bounce**: We've witnessed a robust bounce at the key support level of 0.0417, highlighting its strength.
- **Continuation Pattern**: Anticipating a push towards the 0.046-0.050 range, suggesting more gains on the horizon.
💡 Our Strategy:
Despite recent volatility, we remain confident in our analysis. The support at 0.0417 held firm, indicating a strong market sentiment. We're expecting another bounce at this level, paving the way for further gains.
🎯 Price Targets:
- Short-term: Aiming for a solid bounce off 0.0417 and a climb towards the 0.046-0.050 range.
- Long-term: Watching for sustained momentum beyond 0.050, with careful monitoring of market conditions.
🛡️ Risk Management:
Volatility is normal in the crypto space, so we're keeping an eye on the bigger picture. Our stop-loss strategy is in place to protect our gains, and we'll adjust as needed.
🔔 Stay Tuned:
This is a long call, and we're in it for the potential upside. Stay tuned for updates as we ride the waves and navigate the exciting journey ahead.
Remember, always do your research and manage your risk. Let's make those gains together! 💪
Disclaimer: This is not financial advice. Trading involves risk, and past performance is not indicative of future results. Always do your own research before making any investment decisions.
KASPA Starts Correction to .03 CentKASPA Daily chart is showing signs of a correction after a strong 5 wave up trend that set new highs. With immense hype, a growing community, and interest from tier 1 exchanges - Its easy to see why this first of its kind DAG Layer 1 is blowing up.
.03 is a major point of interest for multiple reasons.
1. Its .03 cent - a nice round number that is roughly double its last pull back low
2. .03 is a major support area that also played resistance on thsi recent move up
3. .03 is the exact location of the Fibonacci extension 2.618
4. .03 is very closely located to the MACRO trend line (assuming we move down relatively quickly)
Now - To be fair, we have to loose .04 first which is the major support level flipped resistance from KASPAs previous ATH set back on 2 April 2023. I will be buying a partial bag here to avoid risking the chance that we bounce off of .04 and keep on ripping.
There are a few technical reasons why i .04 could hold, so DCA in and get ready for the ride.
The clock is tickingTic, tac, tic, Who knows what will play out. I am going risk off at this moment in time. Sold off most of my bag, so now only the profit is riding, free rides are the best rides. Ride safe everyone, do not get rekt
KASPA Next Bullrun Hero?I don't know what's going to happen, but this one's got those good vibes.
When dip?
$KASUSDT $KAS KaspaKaspa (KAS) price has declined today.
The price of Kaspa (KAS) is $0.04627171 today with a 24-hour trading volume of $30,332,161.01. This represents a -6.18% price decline in the last 24 hours and a 16.41% price increase in the past 7 days. With a circulating supply of 20 Billion KAS, Kaspa is valued at a market cap of $928,075,782.
Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. Whereby our blockchain is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer). This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks). The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.
Where can you buy Kaspa?
KAS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Kaspa is MEXC, where the most active trading pair KAS/USDT has a trading volume of $10,692,874 in the last 24 hours. Other popular options include Gate.io and KuCoin.
What is the daily trading volume of Kaspa (KAS)?
The trading volume of Kaspa (KAS) is $30,332,034 in the last 24 hours, representing a -2.40% decrease from one day ago and signalling a recent fall in market activity.
KASPA correction?what do you think? Does that make sense? I think there's a HSH indicating correction.
Perhaps nothing traumatic.
KASPA Short multiday Head and shoulders, 1.6 fib level, all point to the red line. Short at the red arrow. Green arrows are accumulation levels.
Correction is almost done.Hi there.
Price is near to the next high probability entry level.
Sure, it has chance only if BTC will make some stronger upside movement soon!
Good luck traders.
$KAS Cup-and-Handle breakout?My previous post has just played out almost perfectly: ()
As mentioned, I see merits to a cup-and-handle pattern here, which exhibited a recent breakout. This would suggest a target of $0.07178 to look out for.
Good luck!!
KAS/USDT | 1d 👀1. Kaspa is currently following Bump and Run reversal pattern.
2. Pattern usually forms after excessive speculation that drives prices up too far, too fast.
3. Otherwise, one of the top projects!
✅ Stay updated on market news and developments that may influence the price of Kaspa. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
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DOUBLE TOP ON KASPA: Begining of Price Crash?Since COINEX:KASUSDT formed a double pattern on the daily time frame, this could be an opportunity to open a short position.
Have your stop loss to the previous high, and $0.025 would be the best exit for sellers.
What do you think? Let me know in the comment box.
If you like this analysis, support my idea and follow me now for more.
$KAS retest possibleAS noted, if the price breaksdown and deviation from support, we could see the retest of 0.03-.032 in coming days.
if price stays up then we fly to moon.
