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.
KASUSDT
Kaspa $KAS coin Kaspa $KAS coin -
What Is KASPA (KAS)?
Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.
Kaspa on 4hr chart MACD crossed signal line (bullish) and RSI has risen above the 50 mark headed north and is trading above the MA all positives so its likely to make gains
"Kaspa continues its bearish trend with its current status.KAS Coin (KAS), recent developments have created excitement among investors. However, KAS Coin's price chart has shown a downward trend lately. KAS aims to create a financial ecosystem based on blockchain technology and has established important partnerships to achieve this goal. KAS Coin has started trading on several major exchanges recently, allowing investors to discover its potential. However, the downward trend in KAS Coin's price chart continues.
Furthermore, mention the downward trend on the monthly chart and the bearish trend on the weekly chart because the last candle on the monthly chart appears to be risky.
Kaspa Coin KASUSDT Hey everyone hope you guys are doing fine
for all those who are following me my last setup was from 0.0375 to 0.024
Since that chart is completed now our buys are triggered.
Short term Take profit is mentioned.
I personally believe Kaspa has some potential to do massive gains so keep an eye on it.
Over and out and remember me in your prayers
Maximum point of this wave: 0.034542Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(KASUSDT chart)
The largest measurable part of the current wave is the 0.034542 point.
Therefore, if it rises above 0.034542, you should be cautious in trading until the next wave.
(1h chart)
Therefore, the key is whether it can rise with support around 0.029505-0.031822.
If not,
1st: 0.026392-0.027106
2nd: 0.022125 (0.020556-0.023311)
You need to check if it is supported in the vicinity of the 1st and 2nd order.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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