NewThoughtCrypto

Kaspa (KAS) – Inverse Head and shoulders. 0.04 USD Is in Sight.

Long
CRYPTO:KASUSD   Kaspa
* In my previous TV idea, I revealed my notion that Kaspa is forming a Cup and Handle pattern with a target of 0.15 USD (I use a log scale).
* Although this Cup and Handle is not complete yet, Kaspa is forming an Inverse Head and Shoulders which gives me more confidence that this Cup and Handle formation will eventually materialize.
* Of course, this prediction business is highly speculative, but I wanted to share, and you can come to your own conclusions.
NFA.
What do you think? Please share in the comments.
Best Wishes.
Trade active:
Trade is progressing nicely. ATM momentum is weakening and the RSI is elevated.
Personally, I wouldn't open a long at this stage. Maybe wait for a small pullback

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.