Curious how it feels like o be early for a party? $KASOpinion:
Benefits of KAS:
KAS has a focus on scalability, user-friendliness, and content creation, making it a unique cryptocurrency in the market.
The KAS team has a proven track record of success in the blockchain industry, providing a strong foundation for future growth and development.
KAS is designed to be eco-friendly while maintaining a Proof-of-Work (PoW) algorithm. Faster blocks and low energy intensive mining. (Unlike currencies like NGM:RVN )
Drawbacks of KAS:
KAS faces competition from other cryptocurrencies with larger user bases and more established networks, which may make it challenging to gain market share.
The KAS network is still relatively new, which means there may be limited adoption and resources for developers compared to more established cryptocurrencies.
There is no guarantee of success for any cryptocurrency, including KAS. The cryptocurrency market is highly volatile and unpredictable, and investors should conduct their own research before making any investment decisions.
How to use this chart:
There is mounting evidence we could be entering a new market cycle. At this point in time, I do not find it enough to flip bullish or believe we are in a bull run. If we are in a bull run, all that changes is that we short higher, start using close only orders, and expect deep pullbacks to the 4-hour time frame.
It is with this in mind that I have added the yellow lines. These are close levels, levels at which closing the order instead of shorting it makes the most sense.
Until we have a clear market direction, I will be including these in my ideas.
L = Long
C = Close
S = Short
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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