Kaspa $KAS bullish 21 EMA breakout on the 4hrly chart.

Oct 19

KASUSD #Kaspa breaking out on the 4hrly above the dashed-white resistance line as well as the red 21 EMA.

Waiting for current candle close above the red 21 EMA for confirmation.

Continuing to DCA during the fear and uncertainty (US-Gov Shutdown, PRC +100% Tarifs, QE looming, etc.) to accumulate in anticipation of FUD eventually being resolved.

Managed to buy a lot more KASUSD with BTC at ca. 3 cents and still DCAing atm. Got caught off guard by the +100% PRC tariff triggered mass liquidation induced dump. But only the price has changed, fundamentals kept on improving.

If 10 cents was a good buy. 3 cents and now 5 cents+ is a way better accumulation level, while the market remains fearful and bleeding red.


FusionGap Histogram has also flipped bullish on the 3hrly (an early signal to the 4hrly if price holds above 21 EMA).

Oct 20

Note

Successful retest on the 3 hrly:

Oct 20

Note

Will need to wait for the green 50 SMA to be breached next..

Oct 21

Trade closed: stop reached

Broke down below 21 EMA. Waiting for consolidation and opportunity to reaccumulate.

Oct 21

Note

Buy order set at just above red 21 SMA triggered again for my trading stash.
..and still DCA adding to my HODLing stash so long as KAS remains below 10 cents.


Kaspa is the only crypto (other than BTC and ETH) that I am willing to HODL long-term.

Kaspa solves the biggest problem in crypto, the trilemma. It attained 10 blocks per second (bps), the fastest block production speed in crypto; and as well as one of the fastest transaction per second (tested at 3000 and potentially could be pushed higher) without sacrificing on security and decentralization by surrendering using Proof of Stake (POS). It has no centralized controlling CEO, no VC nor premine allocation of tokens and was fair launched with thousands of miners participated in the initial launch mining push. And it aims to ultimately achieve 100 bps with a dynamically reactive network that can withstand sever internet disruptions and instability (e.g. if WWIII come), and is now integrating zkrollup for Based Zk secured layer1.5 for smart contract that are settled immediately onto Layer1 with no security delaying batching nor delays. The ledger are pruned in a clever way and doesn’t bloat hence ensuring mining and node decentralization, since a full node on Kaspa is a pruned node. What is considered spam on Bitcoin is easily handled on Kaspa network, and there are multiple interesting projects already being developed on top of Kaspa network, including a private messaging app, a streaming app, social media platforms, as well as inscriptions and (presently) centralized EVM L2s already built by the community on top of this community run (like Bitcoin) BlockDAG.