Kaspa forming double bottom at golden pocket?
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 golden pocket zone before the next leg up. Until then the descending trend line is still in play.
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Disclaimer
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.