Casper (CSPR) is showing a nice chart pattern that could be indicating a nice gain over the next 2 to 3 months. I think this coin could have some very good things coming its way in terms of usage, and utility.
Good luck, and always use a stop-loss!
CSPRUSD / Casper token forming a Livermore accumulation cylinder pattern on the 3 day time period. Point 7 also at an area of support and resistance. The question is will point 7 hold or will it break down below point 6?
Short term, I anticipate a drop to .026 cents where there is prior support.
There's a clear head and shoulder pattern on the daily candle chart.
Long-term, I'm very bullish. But as for the rest of the month I see a large dip in the market.
Historically, this is how every September has been and all indicators aren't saying otherwise.
Hopefully this is the last...
CSPRUSD / Casper token is at an interesting level of support inside a parallel channel. Seems to also be sitting at a level of horizontal support. Minimum target is around 0.07 - 0.08 which is at upper level of channel. It also coincides with a previous level of support and resistance as identified by the blue band.
Will be interesting if this channel holds as support.
Casper, like many crypto projects, went down after lunch. Then CSPR started to oscillate in a triangular shaped pattern. Recently, buy volume increased, and it seems Casper wants to try and break the upper horizontal area. Let's see if it can do it or not.
The enckline of the double bottom, which is also the top trendline of this rising channel shown here. Is currently still resistance, however should it start to close a few consecutive weekly candles above this neckline/top trendline and then trigger the breakout the target would be around 9 cents. *not financial advice*
Casper (CSPRUSD) broke today above the Lower Highs trend-line that has been in effect since late December 2021. This is the Resistance level that suppressed the price action throughout the whole Bear Cycle. If it manages to close the candle above it, preferably the weekly, it will be a major bullish development with confirmation coming when the price breaks above...
Pattern = Ascending Triangle
Action = Buy on the ascending support, Sell on the Resistance Zone. Buy if the top of the Resistance Zone breaks.
Target = 0.054120 (the high of October 16th).
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