Kaspa (KAS) Long-Term Spot Trade SetupMarket Correction Impact:
Kaspa has retraced 40% following the market correction this weekend, breaking back into its range.
Historical Significance:
Historically, such retracements with KAS have marked local bottoms on the chart.
Price Action to Watch:
If the price pulls back this week to fill 50% of the wick left behind on yesterday's daily candle and retests the mid-range support area along with the 200-day EMA, this will offer a great zone to DCA (Dollar Cost Average) into a long-term trade on KAS.
Trade Strategy:
DCA Entry Zones:
Primary DCA Entry: $0.14
Secondary DCA Entry: $0.10 (in case BTC pulls back further)
Summary:
Keep an eye on Kaspa's price action, especially around the mid-range support area and the 200-day EMA. Prepare to DCA into long-term positions at $0.14 and $0.10 to capitalize on potential market recoveries.
#Kaspa #KAS #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Trading #SupportAndResistance #LongTermTrade #DCA #200DayEMA #MarketCorrection
Kaspa
Alt Coin Holders are about to become RICH! ALT SEASONBitcoin dominance is topping out and is ready to shed dominance across the market!
Expect a hard drop! If the bottom of the wedge is broken then we can expect a major alt cycle!
I hope you're READY because alt coins are where the BIG MONEY will be made!
Use non-kyc exchange TradeOgre, here is my list of coins to accumulate now!
GHOST DAG Coins / $:CAS $:NXL $:SDR $:NTL $:HTN / Tickers are not on trading view
All coins across the market will rally together when the dominance melts! My eyes are set on projects that utilize Ghost DAG, Similar to $KASPA
KASPA / USDT 4H TIMEFRAME MEXC TECHNICAL ANALYSISFalling Wedge Pattern:
The chart shows a falling wedge pattern, which is a bullish signal. This pattern suggests that the price might soon reverse and move upward.
Oversold Conditions:
The RSI and Stochastic RSI indicators are in the oversold zone. This typically means that the asset is undervalued and could see a price increase soon.
Volume Spike:
There's a noticeable increase in trading volume as the price reaches the bottom of the wedge. This suggests strong buying interest and supports the idea of an upcoming upward move.
Potential Price Target:
If the price breaks out of the wedge, it could move toward the $0.22 to $0.24 range, as shown by the projected arrow on the chart.
Conclusion:
The chart suggests a potential bullish reversal. If the price breaks above the wedge, it could lead to a significant upward move. Keep an eye on the breakout level and consider managing risk by setting a stop-loss below the recent low.
This analysis highlights the key factors indicating a potential price increase for the KAS/USDT pair.
Trendline Trading Strategy - MAJOR Correction for $KAS THE TREND IS YOUR FRIEND,
until it isn’t.
This is literally the easiest trading strategy that even a monkey can figure out.
Find the major Trendline, and if it breaks, either
A) Sell Your Position
B) Open a Short
Case in point:
Seems like pretty much every coin has broken its trend, but I spent some time last night before bed seeing what was still holding up.
Spotted CRYPTOCAP:KAS
Putting it in context with the rest of the market nuking, I knew Kaspa was one of the last of the Mohicans so I opened my 3x Short.
Today I wake up, and see it broke trend on the 4hr which gives us data for the next 3-5 days / 6-8 trades per month.
P.S. YES that’s Bearish Divergence.
~JK
Kaspa - BullishKaspa - Bullish. Kaspa has been green in a sea of red this past week, still very bullishon the daily with a healthy pullback.
-Tested the top of the long-term bullish channel which started 11/04/2023.
-Moving with the more recent bullish channel starting 5/1/24.
-Keeping with the long-term trendline with a healthy pullback to 0.18269 (keeping with trendline)
-Pullback from the highs of 0.2078 on 8/2/24, matching up with when it was overbought on the MACD.
-Pullback on 8/2/24 coincided with peak fear on the fear & greed index, coming out of peak greed zone toward neutral 8/3/24.
I think KASPA will hold at 0.1859, or possibly tag the bottom of the bullish channel (which it historically likes to do) at 0.1802 before moving to retest the top part of the long-term channel and advance out of that while in the short-term bullish channel to 0.2233. I especially think this will be the case if the wider crypto market is still bleeding on 8/3/24 when the US session gets started.
Invalidation would be if on 8/3/24 we see a sustained pullback below 0.1802.
#Kas 1W chart; Is the MM manipulating?CRYPTOCAP:KAS 1W chart;
It has managed to surpass the Ath level high it reached in February 2024 4 times but failed to close above it.
With its performance since the beginning of this week, it has managed to reach an all-time high.
However, it is obvious that MM is manipulating here.
Even if it closes above this level, the negativity on the RSI side shows us that a decline may be coming.
Therefore, a decline of about 25% would not be a surprise. ⏳
KASPA gearing up for new ATH?KASPA is one of the outperforming altcoins that we've seen in the past weeks
If we look on the top crypto performance rankings, KASPA's price is going absolutely banana
Notice how healthy the trend is, it's consistently creating a bullish bases hitting ATHs
If price can stay above .20, it could easily spike up to .24 area before we see a substantial pullback down into demand zone .14 area
KASPA - Bullish!KAS - MACD is still showing room to run and KASPA hasn't reached peak greed on the fear and greed index. KAS breached the important psychological level of 0.20, even during wider market turmoil on the 30th. So far...no major bearish divergences!
My initial TP level from previous charts was 0.21 however, based on the indicators and interest in this coin I'm amending TP levels to 0.25, and 0.34. Invalidation will be when we see strong bearish divergence but so far, still looking incredibly strong on daily, weekly, monthly charts.
This is the kind of chart I really like, long-term steady growth with overall wide organic market accumulation. Honestly, it reminds me a lot of BTC in the early days in terms of it's long-term growth pattern and steady accumulation. I don't think larger exchanges like CB can ignore this coin for much longer.
KAS - Still bullish, important candle close SundayKAS followed my charting and projected path very well over the last couple weeks (I haven't adjusted the path in over a week). We still have nice momentum on the MACD, it is down from peak greed on the daily and looks to be hooking back towards greed which is nice. Nothing too concerning on the shorter timeframe charts, normal market action. I'll be watching the close Sunday to see if we close above the mid-line of the upward channel and avoid a hammer candle which could indicate a reversal. TP level 0.1908 to 0.21. Moving my SL up to ensure I can retain profits. If overall bullish action in the wider crypto market persists next week I'm still bullish.
KAS - Still long, expecting consolidationKAS is still consolidating between the 0.17 to 0.18 cent range which I like for potential action up to 0.21 or higher. We recently hit a pocket of greed, so we could see a larger pullback any day now. KAS also likes to touch the bottom of the channel and the 50DMA so look for a potential dip to the 0.16 range if the overall crypto market turns red in the early part of the week. If BTC sustains upward momentum, I'm targeting a TP level around 0.21 or 0.22 still. My buy area was 0.10 to 0.11 though, so if we fail to hold at 0.16 I might TP at 0.15768, or take partial profit just to lock in some gains.
KASPS #KAS don't be surprised if it hits 20c by ChirstmasI already have one target that's outstanding @14.3c
But as you can this breakout move is actually after 7 months consolidating in a rising bullish pennant.
This train is leaving people behind and people may jump off the train after achieving 40-50% returns. --- scarred by the bear market , but actually missing the Multiples that this move is making.
Kaspa - daily chartKaspa - daily chart: The ascending triangle is getting clearer.
The chart suggests a bullish structure with the formation of an ascending triangle. At the bottom of the chart it shows a stochastic oscillator that is currently at low levels (circled in orange), suggesting that the asset may be oversold and reinforcing the upward movement. If the price manages to break the resistance at 0.198027 USDT, it is We are likely to see a continuation of the uptrend.
On the other hand, the loss of the ascending trendline could signal a possible reversal.
NextSupports: 0.1486 / 0.1351
Next Resistances: 0.1767 / 0.1934
KASPA CHANCE FOR LONG (FUTURES TRADE)A coin that has a similar movement as the ADA cardano in 2021, and also of fundamental quality. It is one of the coins that appeared first in terms of strength when the euphoria began in 2023. Now it would be wisest to be patient because futures are in question.
When we look at the futures trade, wait for the FVG to fill up, which would lead to a drop of 20% (the probabilities are small, but the point is certainty)
When we invested it was low 0.11 and 0.12, now we approach completely differently. And if we miss a trade, our money is still working for us.
This is a very important reaction because it shows that customers have taken over and that the correction is complete. We were in that range for a long time, a huge consolidation. I can very well target $0.55, but for now it is important to follow the set up.
Feel free to show support with like,
KASPA: Price Update in Daily Timeframe.KAS has formed a Cup & Handle pattern, which is technically a bullish pattern. However, KAS has also formed a bearish divergence, making the current situation confusing.
Let's break it down and keep it as simple as possible.
Patterns:
- Cup & Handle: Bullish.
- RSI Bearish Divergence: Bearish.
Bullish Scenario: If KAS maintains its price above the resistance level of $0.18, we are likely to see a bullish move close to 70%.
Bearish Scenario: If KAS fails to maintain the above-mentioned resistance level, it will likely drop to the yellow dotted line or the green horizontal line at $0.144 (a 21% drop from the current market price).
Key Levels to Watch:
Resistance level: $0.18.
Lower support: $0.144.
This post is for educational purposes only. Do your own research before investing.
Regards,
Team Dexter
KAS/USDT Technical Analysis in 2-Day Timeframe.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
KAS in the last 48 hours made a new all-time high of $0.198, breaking out above the current resistance level of $0.183.
In the past, whenever KAS broke out above the resistance, it made some outstanding rallies.
Initial Breakout:
~ Period: Late 2022 to early 2023
~ Breakout Point: $0.007
~ Performance: Following the breakout from the symmetrical triangle, KAS/USDT witnessed an impressive upward move, achieving a staggering gain of 500.73%.
Consolidation and Second Rally:
~ Period: Mid-2023
~ Breakout Point: $0.022
~ Performance: The ascending triangle pattern indicated a bullish continuation, which played out with a 170.62% rise from the breakout point.
Current Structure:
~ Breakout Potential: KAS is currently breaking out of another resistance trendline, suggesting a bullish continuation.
~ Projected Target: Based on the height of the triangle, the projected price target is $0.55, representing a potential gain of 201.92% from the breakout point.
Moving Averages:
The chart shows the 100EMA (in purple) acting as dynamic support, consistently supporting the price during pullbacks.
Buy Zone: Consider entries around the breakout point ($0.18).
Targets: $0.32 to $0.54.
Invalidation Point: KAS breaking down and getting rejected below the current resistance.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#Kaspa
KAS below channel with C&H pattern + ascending triangleKAS is booming in popularity on Twitter/X.
Proof of work token featuring BlockDAG technology.
BLOCKDAG Feature: multiple transactions are added to blockchain in a web-like formation
vs
BLOCKCHAIN: Single transactions added to the chain in a single line.
Cup and Handle Pattern formed and playing out.
Turned into an Ascending Triangle.
Both of these are large bullish formations.
Future Resistances based on Fibonacci Levels: $0.23, $0.30, $0.38
Triangle Invalidation Level: $0.155
Support Levels: $0.14, $0.13, $0.125
Average Volume increasing from last month.
Handelssignal für KASUSDT KaspaHandels-Setup:
Ein Handelssignal wird im KASUSDT angezeigt.
Händler können ihre Kaufgeschäfte JETZT eröffnen.
⬆️Jetzt kaufen oder bei 0,16980 kaufen
⭕️SL @ 0,15728
🔵TP1 @ 0,22000
🔵TP2 @ 0,25500
🔵TP3 @ 0,28800
Worauf basieren diese Signale?
Klassische technische Analyse
Preisaktion Candlesticks Fibonacci
RSI, gleitender Durchschnitt, Ichimoku, Bollinger-Bänder
Risikowarnung
Der Handel mit Forex, CFDs, Krypto, Futures und Aktien birgt ein Verlustrisiko. Bitte überlegen Sie sorgfältig, ob ein solcher Handel für Sie geeignet ist. Die Wertentwicklung in der Vergangenheit ist kein Indikator für zukünftige Ergebnisse.
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Trading Signal For KASUSDT Kaspa Trading Setup:
A Trading Signal is seen in the KASUSDT
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.16980
⭕️SL @ 0.15728
🔵TP1 @ 0.22000
🔵TP2 @ 0.25500
🔵TP3 @ 0.28800
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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KAS: Approaching ResistanceTrade setup : Remain in an Uptrend. It pulled back briefly but made a Higher Low (sign of Uptrend) and broke back above $0.15 key level. Momentum has inflected bullish (MACD Histogram bars are rising). Price is now approaching our near-term target $0.194 for a +25% gain. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.20 to signal continuation of uptrend, or 2) pull back near $0.15 support for another swing trade entry in Uptrend with +25% upside potential back to $0.194.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.15, then $0.13. Nearest Resistance Zone is $0.194, then $0.24.
KASUSD Starting the rally to $0.4000Kaspa (KASUSD) has been trading within a Parabolic Growth Channel ever since its very first day, always supported by the 1W MA50 (blue trend-line). The 1W RSI recently almost reached 45.00 and rebounded and this week the 1W MACD will most likely complete the new Bullish Cross.
As you can see on this chart, this is a bullish signal for KAS as it is a repetitive pattern within the Parabola. It should technically now enter the green curve rally phase which on the previous 3 occasions made a new High at the top of the Channel.
Our medium-term Target is $0.4000.
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