CaptainHopium

CaptainHopium

Measuring from the wick down on 3 Jan up to the recent ATH, KAS has now retraced to the 0.618 Fib level, with the 0.786 at at the 10 cent mark, which is also current 200 daily EMA level. Daily RSI back at levels not seen since last June, signalling a potential buy opportunity, though whether or not the bearish divergences formed from mid Nov to mid Feb have played...

CaptainHopium

Eyes on KAS now as it retraced from its previous local high back to a local support level. A buy signal is also showing on the Stupid Willy indicator at the time of writing, though it may fall further yet. Hopefully it will get down to the golden pocket fib zone from its recent pump. 200EMA on the 4hr will be at 13 cents soon.

CaptainHopium

KAS' RSI is looking overbought on the daily and an iverted hammer candle is showing at time of posting. A Fib golden pocket retracement from here would be in the 11-12 cent range.

CaptainHopium

Although it may yet go lower, the RSI on Kaspa's 3 day chart has now reached a zone only hit twice previously, with both times representing an excellent buying opportunity.

CaptainHopium

The predicted bounce from a double bottom of key support has now retraced to the 0.5 fib level, which has confluence with both SR structure on the chart and the 4hr 200 EMA. A golden pocket extension from there would imply a move to around 13.5 cents, though it would have to break through some resistance at 12.5 on the way. If the current price does not hold,...

CaptainHopium

Remind me of this a year from now. What are your targets?

CaptainHopium

The much-maligned EVM chain coin has been in a downtrend since its mid-May launch. As the downtrend appears to be breaking, perhaps due to the corrupt SEC's influence upon crypto waning as well as the development of a new market cycle, this could prove very bullish not only for PLS itself, but also for tokens within its ecosystem such as HEX and PLSX.

CaptainHopium

A Christmas gift for true degens: "the real Bitcoin" is printing lower lows on the weekly RSI and higher lows on the price chart. Are Harry Potter and Obama bout to take a trip to the moon? Besides that, HPOS10I is now nearing the 7 cent level on its ascending trend line. Let's see if the markets believe in magic.

CaptainHopium

It could be a merry Christmas for anyone who thought they were selling the top at 10 cents and missed out on the big run-up, as they are now getting another chance to buy back in their demand zone around the green box. Moreover, the Kaspa chart looks like it's forming a double bottom at this level. Optimal outcome would be a quick wick down to test the 0.618...

01:55

CaptainHopium

Kaspa is currently struggling with the 200 4hr EMA. If rejected it could find itself at a level where it finds confluence with chart structure and the 200 daily EMA. This provided the ultimate level of support in April, following the March run-up.

CaptainHopium

Kaspa has recently been rejected from a 4hr resistance level and is forming an ascending wedge. It needs to break out above the 12 cent level and start holding above 13 cents before it is really looking like this downtrend is over. If it falls out of the ascending wedge, it will likely fall down to its support zone at 9.5-10 cents. If it could form a double bottom...

01:26

CaptainHopium

Kaspa's daily chart recently made a hammer candle after almost reaching a 0.618 fib retracement, implying a possible reversal. However, is this a time to buy the dip or will this keep going down? Current lows on the daily RSI correspond with previous buying opportunities.

02:20

CaptainHopium

An observer with a bullish bias might see a bull flag in the current chart, but Kaspa seems tied to the market recently and heading downwards. The key psychological level of 10 cents can be seen in the chart structure as a potential downside target, but a .618-.786 fib retracement would indicate a possible value zone back within its long-term ascending channel.

01:56

CaptainHopium

HEX on Ethereum has done a textbook golden pocket retracement following its explosive run-up in October. It has been consolidating around this level for a couple of weeks now and is hinting at the downtrend being broken by a strong heikinashi candle. Key levels to look for appear to be 1.1, 2.2 and 3.7 cents.

02:01

CaptainHopium

KASPA uptrend seems to be holding, though a breakdown to 9.2 cent level is still possible. Using the power of wild speculation, the 1.618 fib extension of recent moves and apparent pennant breakout both seem to imply a possible future key level in the 24-25 cent zone.

CaptainHopium

1. Ice-cream target - break through this downtrend line (getting easier every day). 2. Banana target - break through the S/R zone around 1.8 cents (170% move at time of posting). 3. Tropical holiday target - make a higher high above 13 cent high set on 23 March (19x move at time of posting).

CaptainHopium

If you squint hard enough, you just might be able to imagine that HEX on Ethereum is forming an inverse head and shoulders pattern. If that were to be the case, the target for a breakout above the neckline would be in the 4 cent range, corresponding with the memetic target of 3.69 cents, a level that it spent a lot of time at in the summer of 22, following its...

CaptainHopium

Assuming the 23 Q3 lows were the cycle bottom, a 1.6618 Fib extension target would indicate a price of around 90 cents. However, we must also ask whether or not these pre-fork prices could be expected to hold any relevance in the age of Pulsechain. Assuming they do and current ratios hold, a 1.618 target would curiously see HEX on Pulsechain at around the...