#KAS/USDT 4h (ByBit) Broadening wedge on resistance

Updated
Kaspa is facing 200MA where it already got rejected once, seems likely to retrace down to 50MA support.

⚡️⚡️ #KAS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (6.7X)
Amount: 5.0%

Current Price:
0.03945

Entry Targets:
1) 0.04020

Take-Profit Targets:
1) 0.03540

Stop Targets:
1) 0.04260

Published By: @Zblaba

KKAS KASUSDT.P #Kaspa #L1 #PoW kaspa.org

Risk/Reward= 1:2.0
Expected Profit= +80.0%
Possible Loss= -40.0%
Estimated Gaintime= 4-8 days
Trade active
ByBit USDT
#KAS/USDT All entry targets achieved
Average Entry Price: 0.04020 💵

KASUSDT.P retested 200MA resistance and got rejected on it as planned so far.

snapshot
Trade closed: stop reached
ByBit USDT
#KAS/USDT Stoploss ⛔️
Loss: 40.0% 📉

KASUSDT.P bounced back and regained 200MA, stopping us out.

snapshot
DAGkaskaspaKASUSDTlayer1miningMoving AveragesproofofworkRelative Strength Index (RSI)storeofvalueSupport and ResistanceWedge

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