Currently showing strength, but I am leaving some capital for the monthly plus weekly level. For futures trade you need to see a higher high for safety. I certainly expect much more prices for Kaspa.
Where the bottom will be will be decided by the market. You can see the zones where I follow, so I will make an update
If Kas can jump 10000% in bear market, what will happen in bull market then ?
Well first of all Respect the pump and the beautiful chart pattern because while all world class banks dump like Ponzi scheme there are many solid projects in crypto that shines and shows crypto is the future of the finance and technology.
Kas still didn't list on big exchanges which...
Yonatan Sompolinsky is the founder of Kaspa. In addition to his work on the GHOSTDAG protocol, Yonatan has extensive experience in blockchain research and development. He holds a Ph.D. in computer science from Hebrew University and has published numerous academic papers on topics related to blockchain technology. Yonatan started gaining a reputation within the...
KAS/USDT has undergone a notable surge, capturing the attention of a lot of traders and alike as it culminates an impressive impulsive Wave 3 within the larger five-wave cycle. Notably, the recent listing of the coin on Binance Futures has stirred some concerns.
The completion of Wave 3 within this broader cycle suggests a phase of heightened momentum and...
> Trading a descending channel pattern involves identifying a bearish trend where the price consistently forms lower highs and lower lows within a channel. Here's how you can approach trading this pattern:
1. **Identify the Descending Channel:** `The first step is to recognize the descending channel pattern on a price chart. Look for a series of lower highs...
- extension targets to guide amidst broad consolidation below all-time highs
-indicators (macd/rsi) building positively with rsi showing signs of bullish divergence amidst a potential bull flag building in price
-layer 1 PoW building layer 2 solutions to compete with blue chip PoS competitors like ETH
-no pre allocation, strong solo mining community/developer...
After numerous encounters with both the rising and falling trendlines, we find ourselves in a tight consolidation phase, poised for a breakout in either direction. The potential range for this breakout could be as significant as 48%.
Scenario 1: Bearish Breakout
If the price breaks below the descending trendline and subsequently breaches the 0.1317 support...
#KAS/USDT is testing the major support level in 4-Hour TF!
CRYPTOCAP:KAS needs to hold PML's $1.009 support level to gain bullish momentum. A breakdown below this level is a bearish sign. #KASUSDT local resistance level is PWH $$0.1334.
KASUSDT Long Setup
Confirmations:
- Weekly Stoch RSI cross over
- Bounced beautifully from 0.618 fib level of 0.097 range
- Successful retest of weekly bull flag breakout support which coincides with 0.382 fib level
Entry: 0.11
TP: 0.378
SL: 0.099
It’s a swing long which can play out in weeks if not months.
Kaspa is currently going to the upside in the short time frame...we are having a short Retracements due to bitcoin price action. 11.60/11.28 prices are areas of support you want to look at as we can most likely see a reactions from these levels leading as to continue going to the upside or continue going to the downside if bitcoin price actions goes to the downside
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We are willing to share about KAS coin.
#KASUSDT
Update: 💹.
The daily chart of #KAS shows a symmetrical triangle pattern 📊.
Breakout in the 12 hr time frame is already done.
Waiting for...
Dear Respected Traders, we hope this communication finds you well.
we are convening a discussion focused on #KASUSDT
#KASUSDT is forming a Bearish Pennant pattern, and on the support level in the 1D Time frame.
Soon we will see a bullish move of 60%
#Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading
Kaspa coin is performing again the same pattern it played some weeks ago. If this pattern is goin to repeat again, we could see a pump that could lead the price around $0.24 (i have multiple confluence about this target) in the next months. In order to see the pump, the support level at $0.10/$0.09 must hold
