Kaspa / USDTLong
Kaspa DCL/WCL in sight
Kaspa is right in the timing window for a DCL (60-day cycle) ending Jan 9th. It has confirmed a break above the downward-sloping blue trendline.
It has either put in a DCL/WCL already or still has a few days.
(If it drops below 0.112450, the new DCL/WCL will be created).
This will be a good sentiment reset and allow for strength upcoming.
As always, BTC still dominates, so Kaspa PA can be impacted.
After that, there is a high probability that we will see a Right-translated daily cycle (usually indicative of an uptrend). Bullish Bias.
NFA - Opinion of the Author ONLY.
JT
It has either put in a DCL/WCL already or still has a few days.
(If it drops below 0.112450, the new DCL/WCL will be created).
This will be a good sentiment reset and allow for strength upcoming.
As always, BTC still dominates, so Kaspa PA can be impacted.
After that, there is a high probability that we will see a Right-translated daily cycle (usually indicative of an uptrend). Bullish Bias.
NFA - Opinion of the Author ONLY.
JT
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.
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.