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 -0.382 Fibonacci level at 0.1000 projected on the next rally.
Previous chart:
Follow us, like the idea and leave a comment below!!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.