The analysis for KASTAUSDT suggests a significant potential for a five-wave downward movement within the downside zone. This pattern hints at a possible bearish trend. However, there's anticipation of a reversal showcasing a round-bottom formation, which could potentially lead to the creation of an Inverse Head and Shoulders (ISHS) pattern.
This transformation...
I hold this coin in my portfolio, although initially, I acquired it for the mid-term.
The current setup has a high potential for long-term execution. There are confirmations for further growth. I'll monitor how events unfold over the next few weeks.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the...
Think the chart shows what obviously happened.
Important lesson for new traders and investors not to buy coins from certain hype crypto influencers.
Always be cautious and do your own research on new projects especially when shilled or launched by influencers.
Kasta was introduced to the crypto exchanges several months ago via the IDO.
From its website: "Send and receive crypto instantly with Kasta. Every transfer is convenient. Send crypto by inserting your friend’s phone number or scan their QR code".
IDO was on the top with a huge interest/ hype.
Technically, trending downside, price is about 7x from its IDO price,...
