Lowest risk entry on KAS - BULLISH
Updated
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 higher handle) that is still playing out.
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 higher handle) that is still playing out.
Note
I would also add that the MONTHLY close from the previous ATH is around .0324 and this was immediately bought up, if you draw that line and see how price responded to it recently. Another bullish sign. Not shown on this chart.
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