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Kaspa

Taraxa: 10x or -40% - or both?Taraxa is a BlockDAG coin like Kaspa ($KAS). $KAS has aroused interest in similar coins with its enormous price gains in recent months. Whether it's right or wrong in the case of Taraxa remains to be seen. In terms of charts, there is a relatively clear picture. If NASDAQ:TARA successfully holds the $0.0060 level, I expect a return to the last high of $0.015. If the price breaks through this resistance, the markers in red are guide values for TP levels (levels, not points!). If NASDAQ:TARA fails to hold $0.006, the $0.0035 to $0.0041 area is a very good area to accumulate. If the price falls below this level, I will sell and only buy back after a successful return above $0.0041. NFA. DYOR. I am a human being, and I have been married three times, so I'm obviously prone to error.
Long
by NonComposMentis
3
KASUSD Rebounded on the 1D MA50 but needs this level asap.Kaspa (KASUSD) is on the 4th straight bullish 1D candle following an exact rebound on the 1D MA50 (blue trend-line). This was the initial bullish signal after a 10 day correction within the Channel Up pattern that started on the May 24 bottom. That was also the bottom of the larger long-term Channel Up. A similar sequence got rejected on the 0.618 Fibonacci retracement level on April 28 and eventually extended the decline to the -1.0 Fibonacci extension and hit the 1D MA200 (orange trend-line). As a result, if the price closes a 1D candle above the current 0.618 Fib, we will buy the break-out and target 0.1200 long-term (+900% from the May bottom). If it fails on the 0.618 Fib, we will sell and target the 1D MA200 at 0.02700. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:KASUSD
by TradingShot
6
Kaspa/USDT Bearish Divergence on Weekly WITH DOUBLE TOP?!PLEASE READ CAREFULLY: Bearish divergence is typically recognized through the following characteristics: Price Highs vs Indicator Highs: In an uptrend, the price of an asset tends to make higher highs, indicating increasing buying pressure. However, if during this time, the indicator (e.g., RSI or MACD) fails to make higher highs and instead forms lower highs, this creates a bearish divergence. Signaling Potential Reversal: Bearish divergence signals a potential weakening of the ongoing uptrend and can suggest that the buying momentum is fading. It might indicate that the uptrend could be losing steam and that a trend reversal or a corrective move might be on the horizon. Confirmation Required: It's important to note that bearish divergence alone is not a guaranteed signal of a trend reversal. Traders and analysts usually wait for additional confirming signals before making trading decisions. This could include looking for candlestick patterns, trendline breaks, or other technical patterns that align with the potential reversal. Here's a simple example: Imagine you are looking at the price chart of $KAS which has been in an uptrend. The price makes higher highs, reaching new peaks. However, when you look at the RSI indicator, you notice that it's not making higher highs and instead is forming lower highs. This discrepancy between the price movement and the RSI is a bearish divergence and might suggest that the bullish momentum could be waning. Keep in mind that while bearish divergence can be a useful tool in technical analysis, it's not foolproof, and false signals can occur. It's important to use it in conjunction with other technical indicators, fundamental analysis, and risk management techniques to make informed trading decisions.
Short
by The3eyedFrog
1
KASUSDT at 4h resistance, likely to head downThe price has bounced well from the daily support DS1 which was our target for the last short trade. We did not take any long though it was a good opportunity for going long. However, now price is coming close to 4h resistance 4HR1 area. I think this zone shall resist the price and push it down again towards the daily support zone. Since the price has strength moving upwards, I will keep the size small for this short trade.
Short
by angela_altair
KASUSDT likely to head to daily support 0.034-0.035The price bounce from hourly support HS1 and hit the hourly resistance HR1. The price is likely to move further down from here towards daily resistance DS1. This makes a short trade favorable here. The target of this short trade should be the daily support DS1 around 0.034-0.035. There is another large time frame idea of the price heading towards weekly support but thats not presented here as we would like to do multiple trades here and therefore, trading mid time frame levels.
Short
by angela_altair
Kaspa (KAS) – Inverse Head and shoulders. 0.04 USD Is in Sight. * In my previous TV idea, I revealed my notion that Kaspa is forming a Cup and Handle pattern with a target of 0.15 USD (I use a log scale). * Although this Cup and Handle is not complete yet, Kaspa is forming an Inverse Head and Shoulders which gives me more confidence that this Cup and Handle formation will eventually materialize. * Of course, this prediction business is highly speculative, but I wanted to share, and you can come to your own conclusions. NFA. What do you think? Please share in the comments. Best Wishes.
CRYPTO:KASUSDLong
by NewThoughtCrypto
KASUSD Can reach $0.10 in August.Kaspa (KASUSD) continues rising after a rebound on the 1D MA50 (blue trend-line) 10 days ago. Its movement appears to be highly cyclical since it first started trading and we are at the start of the bullish run of the 3rd Cycle. As long as the 1D MA50 supports, we are long and target 0.10 which is lower than the previous +900% rise but falls within a potential Channel Up that may be established, as each Cycle appears to be getting weaker. Also the Cycles appear to be highly symmetrical as, based on the 1D RSI, we have completed the first kick-start phase of the run, similar to February 07. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:KASUSDLong
by TradingShot
3
KASUSD This is how Kaspa can reach 0.1000 in August.Kaspa / KASUSD is rising today after approaching the 1day MA50. At the same time, the 1day RSI bounced on a Rising Support in a way similar to January 31st. As you see, Kaspa's price action is so far cyclical. A vast rise corrects to a Fibonacci level then a Channel Up leads the price to the next price jump. As long as the 1day MA50 holds, buy and target the -0.382 Fibonacci level at 0.1000 projected on the next rally. Previous chart: Follow us, like the idea and leave a comment below!!
CRYPTO:KASUSDLong
by TheCryptagon
Kaspa (KAS) Is Building a BaseTLDR: • Kaspa has been moving in an upward sloping channel since October 2022. • Kaspa Dropped below the channel on May 20th and tested the channel trend line as resistance twice. • Regardless, this is a base building period and upside is still on the table. Probable Scenario: • IMO, it is more likely that KAS will find support at the 0.382 Fibonacci retracement, the 0.02 USD leve,l and push back into the trend channel. Worst case Scenario: Worst case scenario for KAS is to drop a parallel channel and hit the Range Low at 0.012 USD.
CRYPTO:KASUSDLong
by NewThoughtCrypto
Kaspa (KAS) Bull Market Price Prediction – Revised EditionTLDR: • This is a bull market prediction. • I compared KAS with FTM and ADA because the charts have some similarities. • Take this prediction business with a pinch of salt. I don’t know the future, nobody does. • However, in bull markets crazy things happen, and if FTM and ADA made it, so can Kaspa. Preface: • Analyzing a coin with a short price history is a challenge. In TA we analyze an asset based on past performance and try to project what this past performance may mean for future performance. A coin without a significant past PA is tricky. However, because of its incredible PA and this asset’s fundamentals I will follow it closely and share setups as I see them. • In the previous TV idea, I compared Kaspa’s PA with a fractal of Kadena. Why? Because I wasn’t thinking straight. The only commonality between these two assets is that they are both “Proof of Work.” • In this revised edition, I tried to compare fractals of cryptocurrencies that have a similar chart structure to Kaspa’s. Two assets that fit the bill are Cardano (ADA) and Fantom (FTM). • You must understand, at this stage, it is just speculation. I don’t know what the future will bring. I cannot guarantee my performance a month from now, and I sure as hell, cannot guarantee Kaspa's performance in a future bull market. • However, speculation is all that we can do during the dry season until the rain comes. So, let’s speculate. Price Prediction: • Kaspa is a young asset. The Kaspa blockchain (DAG) still has a lot of development to make. KAS’s Price history also makes it difficult to extrapolate future prices. However, we know that this kind of asset can make an astonishing PA if the stars align. • If we take a fib extension from the previous low to the high, we can see that KAS’s ATH was between the 1 – 1.272 fib extension. Assuming that the next ATH will be between these fib extensions, our price target is roughly 12-22 cents. Considering the Cup and Handle forming on Kaspa’s chart (Linked) this looks reasonable. KAS Compared to FTM • Between March 2020 and January 2021, Fantom’s PA looked similar to Kaspa’s current PA. • An impulsive rise of 3000%. • A consolidation period in a rounding bottom. • Followed by another two strong impulsive price movements to the upside. • Kaspa’s PA looks similar: • An Impulsive move up of more than 3000% • Followed by a rounding bottom (in the process). • If we assume that Kaspa’s continuation will be similar to Fantom’s, in a year from completing the consolidation Kaspa could reach 1.76$. KAS Compared to ADA: • Between March 2020 to July 2020, ADA moved in an impulse and had a 770% Price increase. • Followed by a rounding bottom and another strong move up. • If we compare ADA’s PA and extrapolate based on ADA’s PA, in eight months, Kaspa’s price could reach 2.65$ Conclusion: • I hope we are all adults here. We don’t need to take these predictions with a pinch of salt, we need to take it with a shovelful of salt. But I have noticed that most people can easily believe that the worst things could occur to them and cannot imagine that success is also a possibility. KAS is looking good, technically and from a fundamental perspective. When the bull market arrives, reason leaves. Assets can have crazy valuations. Just look at Nvidia. Anyway, whatever will be will be. • This is a long-term trade. It may take months or even years before my price target is achieved. NFA. Feedback will be appreciated. Best wishes to all.
CRYPTO:KASUSDLong
by NewThoughtCrypto
$KAS - accumulation?Kaspa $KAS has been performing very well so far and is currently trading around $0.0255-0.0260 Although a pull back to the green levels is possible, these are nothing but opportunities to load up. To me the red areas mean: Sell the pump there. After a retracement buy the dip at the next lower Fib (could be very well the red price lvl) I expect $KAS to touch the upper trendline some day in the future. From todays price that's impressive gains. Could see $KAS going up until the 3.6 fib expansion which would mean a price of $0.15 and a MC of around 4bn. That's a lot. That's Top 20. Sounds unrealistic, but even SET:ETC is at more than 3bn. NFA. Totally subjective fundamentals rating: Kaspa 8/10
Long
by NonComposMentis
1
KAS – Possible Cup & Handle Forming At this stage this is just speculation. However, I think Kaspa’s price is developing nicely, and I wanted to share my findings with you. It looks as if KAS is in the process of forming a Cup & Handle pattern. If this is correct, my first price target for Kaspa of 0.15 USD looks achievable within months. For an in-depth explanation about the Cup & Handle pattern please read the linked Bitcoin Idea. I also linked a long-term price prediction on Kaspa. This is just the beginning! NFA. what do you think? please share in the comments. Best wishes.
CRYPTO:KASUSDLong
by NewThoughtCrypto
KAS Coin (Kaspa) - TA and Price PredictionAnalyzing a coin with a short price history is a challenge. In TA we analyze an asset based on past performance and try to project what this past performance may mean for future performance. A coin without a significant past PA is tricky. However, because of it’s incredible PA recently and because of this asset’s fundamentals I will follow it closely and share setups as I see them. Support: • Currently KAS found support at the 0.011991 USD level. It was also oversold on the RSI daily and reacted nicely to it. It is still too early to say if the current downtrend is over. • If the 0.1191 level doesn’t hold it may find support at the 0.009161 level. Note that price usually tends to go back to unfilled wicks, so it is not out of the question. Resistance: • 0.022522 USD. Previous HL. • 0.033101 USD. Previous LH. • 0.043301 USD. ATH Accumulation Range: IMO, any price between current price and 2 cents is good for long-term accumulation. Price Prediction: Kaspa is a young asset. The Kaspa blockchain (DAG) still has a lot of development to make. KAS’s Price history also makes it difficult to extrapolate future price. However, we know that this kind of asset can make an astonishing PA if the stars align. If we take a fib extension from previous low to high, we can see that KAS’s ATH was between the 1 – 1.272 fib extension. Assuming that the next ATH will be between these fib extensions, our price target is roughly between 12-22 cents. Astonishing as it may appear to be, in crypto everything is possible. If we copy the fractal of Kadena’s meteoric rise during the previous bull market and apply it to Kaspa, we get a price target much higher, but we need to take it with a grain of salt. We are not in a bull market, yet. Reservations: This is a high risk, high reward trade. It can be an extremely profitable trade, but it can also fail miserably. This is a long-term trade. It may take months or even a year before my price target is achieved. NFA. Feedback will be appreciated. Best wishes to all.
CRYPTO:KASUSDLong
by NewThoughtCrypto