This is not an investment advice but a humble idea of a potential crypto enthusiast. Kaspa has represented a real exception within the current market conditions that have been experienced for some weeks now. Kaspa has made a new ATH, something that for the holders is a success and for Short futures traders a misfortune. However, not everything seems to be...
Kaspa analysis / Elliot Wave Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world’s first blockDAG – a digital ledger enabling parallel blocks and instant transaction confirmation – built on a robust proof-of-work engine with rapid single-second block intervals.
KASUSD / Kaspa recovered the recently lost Support of the 1day MA50 and almost reached the August 7th High. With the Rising Support holding, the long term bullish trend is intact. Based on a similar rise since the start of the year, the price is just starting the new rally. Buy now and target the 2.618 Fibonacci extension at 0.11000. Follow us, like the idea...
KASUSD crossed over the 1D MA50, which has been the Resistance last week, and on a bullish 1D technical outlook (RSI = 63.474, MACD = 0.006, ADX = 30.066) is extending the rise after making on September 5th a bottom on the long term Channel Up. The technical target is the 2.5 Fibonacci level (TP = 0.10500). ## If you like our free content follow our profile to...
RSI Divergence on the $KAS 3 Day Chart flipped GREEN after bouncing off the bottom Prior examples led to a big rally (2x - 7x)
Kaspa currently finds itself at the bottom of the ascending channel, which has been a consistent support level. Also near the bull market support band (20/21 week sma/ema), which has also been a support level. Holding until the top end of the channel would provide nice ROI from an entry from this level if it holds again. We also have a cup and handle (with a...
Very bullish looking chart for Kaspa. Following an ascending channel, bouncing off the 20/21 week SMA/EMA (bull market support band) Heikin Ashi just turned GREEN on the weekly Looks to be primed for upside!
You can see here that the ascending channel that $KAS finds itself in is very similar to the early channel that BTC traded in before breaking out to $30. If Kaspa repeats something similar, as it already is doing, it could lead to an epic move north of $1.00 USD. KAS also consistently bounces off the 20/21 week SMA/EMA as has always done during a bull rally...
Kaspa (KASUSD) is on the 4th straight bullish 1D candle following an exact rebound on the 1D MA50 (blue trend-line). This was the initial bullish signal after a 10 day correction within the Channel Up pattern that started on the May 24 bottom. That was also the bottom of the larger long-term Channel Up. A similar sequence got rejected on the 0.618 Fibonacci...
Chance of $KAS reaching a peak by early 2024 if these fractals continue to play out
* 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...
Kaspa (KASUSD) continues rising after a rebound on the 1D MA50 (blue trend-line) 10 days ago. Its movement appears to be highly cyclical since it first started trading and we are at the start of the bullish run of the 3rd Cycle. As long as the 1D MA50 supports, we are long and target 0.10 which is lower than the previous +900% rise but falls within a potential...
The emergence of a strong reversal pattern in kaspa Make your own decisions The future of Bitcoin
Kaspa / KASUSD is rising today after approaching the 1day MA50. At the same time, the 1day RSI bounced on a Rising Support in a way similar to January 31st. As you see, Kaspa's price action is so far cyclical. A vast rise corrects to a Fibonacci level then a Channel Up leads the price to the next price jump. As long as the 1day MA50 holds, buy and target the...
TLDR: • Kaspa has been moving in an upward sloping channel since October 2022. • Kaspa Dropped below the channel on May 20th and tested the channel trend line as resistance twice. • Regardless, this is a base building period and upside is still on the table. Probable Scenario: • IMO, it is more likely that KAS will find support at the 0.382 Fibonacci...
TLDR: • This is a bull market prediction. • I compared KAS with FTM and ADA because the charts have some similarities. • Take this prediction business with a pinch of salt. I don’t know the future, nobody does. • However, in bull markets crazy things happen, and if FTM and ADA made it, so can Kaspa. Preface: • Analyzing a coin with a short price history is a...
At this stage this is just speculation. However, I think Kaspa’s price is developing nicely, and I wanted to share my findings with you. It looks as if KAS is in the process of forming a Cup & Handle pattern. If this is correct, my first price target for Kaspa of 0.15 USD looks achievable within months. For an in-depth explanation about the Cup & Handle...
A quick simulation on how a healthy rally would look for our beloved $KAS. At the moment it's at a 100% increase from local bottom. Expect volatility and bearish momentum hopefully till 0.0205 region so we can reload and buy more. The chart considers ABCDE increase pattern from the moment we broke downtrend of 2months. Followed by 0ABC healthy correction...