$KAS keeping itself inside the wedge despite market downtrendAs long the price continue its trend and the floor of the wedge keeps serving as support, price can break up to 0.56 usd delivering 260% from today price
Why not a downward break? Because fundamental analysis signal us of a uptrend throughout crypto market
KASUSDT trade ideas
Kaspa (KAS) Long-Term Spot Trade SetupMarket Correction Impact:
Kaspa has retraced 40% following the market correction this weekend, breaking back into its range.
Historical Significance:
Historically, such retracements with KAS have marked local bottoms on the chart.
Price Action to Watch:
If the price pulls back this week to fill 50% of the wick left behind on yesterday's daily candle and retests the mid-range support area along with the 200-day EMA, this will offer a great zone to DCA (Dollar Cost Average) into a long-term trade on KAS.
Trade Strategy:
DCA Entry Zones:
Primary DCA Entry: $0.14
Secondary DCA Entry: $0.10 (in case BTC pulls back further)
Summary:
Keep an eye on Kaspa's price action, especially around the mid-range support area and the 200-day EMA. Prepare to DCA into long-term positions at $0.14 and $0.10 to capitalize on potential market recoveries.
#Kaspa #KAS #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Trading #SupportAndResistance #LongTermTrade #DCA #200DayEMA #MarketCorrection
KASPA / USDT 4H TIMEFRAME MEXC TECHNICAL ANALYSISFalling Wedge Pattern:
The chart shows a falling wedge pattern, which is a bullish signal. This pattern suggests that the price might soon reverse and move upward.
Oversold Conditions:
The RSI and Stochastic RSI indicators are in the oversold zone. This typically means that the asset is undervalued and could see a price increase soon.
Volume Spike:
There's a noticeable increase in trading volume as the price reaches the bottom of the wedge. This suggests strong buying interest and supports the idea of an upcoming upward move.
Potential Price Target:
If the price breaks out of the wedge, it could move toward the $0.22 to $0.24 range, as shown by the projected arrow on the chart.
Conclusion:
The chart suggests a potential bullish reversal. If the price breaks above the wedge, it could lead to a significant upward move. Keep an eye on the breakout level and consider managing risk by setting a stop-loss below the recent low.
This analysis highlights the key factors indicating a potential price increase for the KAS/USDT pair.
Perfect Timing On Epic 8X—SHORT | Kaspa Peak Confirmed!Hello my dear trader, this is going to be an epic SHORT... No more shakeouts possible, Kaspa peaked.
Let's start with the weekly timeframe chart:
➖ The current session shows a very long upper wick and an even bigger full red body; this is an extremely bearish candle and this session closes in less than 9 hours. A low price close confirms the top being in and thus the start of a major, major correction.
➖ On top of this weekly candle, we also have a rising wedge pattern breaking bearish supported by high volume. This 3D session will close with the highest trading volume since November 2023; bearish confirmation.
This is a friendly reminder... Thanks a lot for your support.
You are truly appreciated.
I hope you find this information useful and this post timely.
Namaste.
Trendline Trading Strategy - MAJOR Correction for $KAS THE TREND IS YOUR FRIEND,
until it isn’t.
This is literally the easiest trading strategy that even a monkey can figure out.
Find the major Trendline, and if it breaks, either
A) Sell Your Position
B) Open a Short
Case in point:
Seems like pretty much every coin has broken its trend, but I spent some time last night before bed seeing what was still holding up.
Spotted CRYPTOCAP:KAS
Putting it in context with the rest of the market nuking, I knew Kaspa was one of the last of the Mohicans so I opened my 3x Short.
Today I wake up, and see it broke trend on the 4hr which gives us data for the next 3-5 days / 6-8 trades per month.
P.S. YES that’s Bearish Divergence.
~JK
#Kas 1W chart; Is the MM manipulating?CRYPTOCAP:KAS 1W chart;
It has managed to surpass the Ath level high it reached in February 2024 4 times but failed to close above it.
With its performance since the beginning of this week, it has managed to reach an all-time high.
However, it is obvious that MM is manipulating here.
Even if it closes above this level, the negativity on the RSI side shows us that a decline may be coming.
Therefore, a decline of about 25% would not be a surprise. ⏳
KASPA gearing up for new ATH?KASPA is one of the outperforming altcoins that we've seen in the past weeks
If we look on the top crypto performance rankings, KASPA's price is going absolutely banana
Notice how healthy the trend is, it's consistently creating a bullish bases hitting ATHs
If price can stay above .20, it could easily spike up to .24 area before we see a substantial pullback down into demand zone .14 area
Chart Idea - KASUSDT Swing Long SetupKASUSDT Long Setup
Confirmations:
- Weekly Stoch RSI cross over
- Bounced beautifully from 0.618 fib level of 0.097 range
- Successful retest of weekly bull flag breakout support which coincides with 0.382 fib level
Entry: 0.11
TP: 0.378
SL: 0.099
It’s a swing long which can play out in weeks if not months.
KASUSDTHM Triangle BO v1.0 spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.17339-0.17683
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
KASPS #KAS don't be surprised if it hits 20c by ChirstmasI already have one target that's outstanding @14.3c
But as you can this breakout move is actually after 7 months consolidating in a rising bullish pennant.
This train is leaving people behind and people may jump off the train after achieving 40-50% returns. --- scarred by the bear market , but actually missing the Multiples that this move is making.
KASUSDT.PHM signal v5.1 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.14685-0.15704
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
Kaspa 3X SHORT | Triple Top (T-Top & Other Signals)Looking at this chart, we can spot what appears to be a big, long-term widening channel.
We have a triple top (T-Top) pattern... Can we say four tops?
This dynamic tends to happen; when the upper boundary of a channel is challenged, a move to the opposite direction takes place in an attempt to test the lower boundary. Here this can be seen as orange and yellow with the purple lines.
You can define the numbers, I am only alerting you of the greatest timing in the Universe; potential entry.
The stop-loss has been suggested on the chart; low lev. because this pair is manipulated by mini-rookie whales.
The potential targets are also clearly shown on the chart.
Remember that trading is for adults.
If you win; good for you, you are responsible for your wins you can enjoy the profits.
If you lose; no big deal. Take the loss and move on. You are responsible for your own actions... Remember, this is for serious, grown up people; adults.
Thanks a lot for your support.
Remember to boost and follow if you enjoy the content and would like to see more.
The only feedback I get is from boost, comments and follows.
➖ If there are enough, I know people are reading.
➖ If there aren't any, I assume people are on vacations on don't want to trade.
Let me know about you.
Thank you for reading.
Namaste.
Market Forecast for Kaspa (KAS): New All-Time High PredictionsMarket Forecast for Kaspa (KAS): New All-Time High Predictions
Kaspa (KAS) has been making waves in the cryptocurrency market, and the next 6 months look promising for this digital asset. If you're a cryptocurrency investor, you might want to keep a close eye on Kaspa. Several key factors suggest significant upward momentum, potentially leading to new all-time highs.
Influencing Factors
Technical Analysis
Massive Rectangle Pattern
Kaspa is currently forming a massive rectangle pattern on the daily chart. This pattern often precedes significant price movements, typically breaking out in the direction of the prevailing trend.
RSI Reset
The Relative Strength Index (RSI) on the weekly chart has reset, indicating that KAS is neither overbought nor oversold. This reset provides ample room for upward movement, making it an attractive entry point for investors.
Chaikin Oscillator Momentum
The Chaikin Oscillator is gaining momentum, signaling increasing buying pressure. This indicator often precedes price surges, making it a critical factor in our bullish outlook.
Fundamental Developments
RUST and KRC-20
RUST: Kaspa's development team is set to go live with RUST, a highly anticipated update that promises to improve network efficiency and security.
KRC-20: Shortly after RUST, the KRC-20 token standard is expected to launch, adding a new layer of functionality and attracting more developers to the ecosystem.
Major Exchange Listings
Kaspa is poised for listings on major tier 1 exchanges. These listings will significantly increase liquidity and accessibility, attracting more investors and driving up the price.
Fibonacci Analysis
Channel Fibonacci
Finally, the channel Fibonacci levels indicate a major upside move around October 22. This technical indicator aligns with other bullish signals, reinforcing our optimistic outlook.
Market Predictions
Given these technical and fundamental factors, we predict Kaspa will reach new all-time highs within the next 6 months. The combination of a favorable technical setup and imminent fundamental developments makes KAS a compelling investment opportunity for cryptocurrency investors.
Kaspa is shaping up to be one of the most exciting cryptocurrencies to watch in the coming months. With strong technical indicators and significant fundamental updates on the horizon, the potential for new all-time highs is very real.
Ready to capitalize on this opportunity? Stay tuned for more updates and consider adding KAS to your portfolio. CRYPTO:KASUSD