After my VERY SUCCESFUL prediction about Kaspa, im back again. Kaspa is entering bearish period. As you can see with the latest breakout to ATH (0,054) Volume was even lower than previous times, which is absolutely bearish. After the breakout, KASPA immediatly dumped to 0,043, which is another bearish sign. It seems whales just wanted to exit and needed a little bit liquidity (which they are not getting).
Beside of this, You see Kaspa has made DOUBLE TOP, this is one of the most bearish patterns, I dont see Kaspa going any higher and i expect a huge dump towards at least 0,025.
There is possibility Kaspa tests the upper price level, but i expect hard rejection. Kaspa is finished, whales are not supporting PUMPS anymore. Kaspa already OVEREXTENDED and overvalued.
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PATIENCE IS KEY..
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It seems that Kaspa decided to test the upper level. Anyway, ita going down very hard, but it just needs some time.
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I moved my Stop-loss a little bit higher to 0,0552
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Kaspa is having VERY HARD time around 0,051. There is not enough buyers stepping in. Whales keep trying because THEY NEED liquidity to exit, but there are not getting it.
At the end (vry soon), they will decide do dump KASPA anyway and retail traders will panic and sell their Kaspa. This will cause heavy DROPS in price.
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My position is still OPEN. everything is going according PLAN :)
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PS. you still have time to short Kaspa :)
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Remember: Patience is key.
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Trade is still open and everything is going according plan. It seems that Kaspa is forming TRIPLE TOP. interesting.