kaspa
The emergence of a strong reversal pattern in kaspa
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KASUSD trade ideas
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:
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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.
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.
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.
KASPA - Healthy Rally SimulationA quick simulation on how a healthy rally would look for our beloved $KAS.
At the moment it's at a 100% increase from local bottom. Expect volatility and bearish momentum hopefully till 0.0205 region so we can reload and buy more.
The chart considers ABCDE increase pattern from the moment we broke downtrend of 2months.
Followed by 0ABC healthy correction pattern.
Bullmarket support band is also added as its clear the pump has been surreal everytime we touch the band.
Let's F G.
$Kaspa to the moon TOP 10 by 2025.
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.
KASUSD Best buy opportunity over the MA50 (1d).KASUSD continues to be supported by the MA200 (1d) exactly at the bottom of the Channel Up.
The MA50 (1d) behaves as Resistance, containing the price under it since May 6th.
Trading Plan:
1. Buy if a (1d) candle closes over the MA50 (1d).
Targets:
1. 0.0800 (Fibonacci 1.5 level, which was a Higher High on the previous MA50 breakout).
Tips:
1. The RSI (1d) is on a pattern that looks very much like the December-January bottom. It is even above the MA trendline, which serves as an additional reason to expect a bullish breakout.
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Notes:
Past trading plan:
KAS don't miss this one.Hello, everyone
I've noticed KAS sometimes moves inverse to BTC, kind of like LINK did in 2018-2019.
It had a massive run up from February to April, and from then grinded down retracing 70%,
The tech itself is a L1 promising BTC security with SOL scalability.
The chart looks bullish.
Don't fade this one.
GL, stay safe. Stay liquid.
1$ Possible before 2024Kaspa is showing one of the most bullish trend of the top 500 since 2022. The fundamentals are great, the devs are excellent, and the community is growing and super active.
Kaspa can hit 1$ before the end of 2023.
KASUSD Little more room left on this rally.KASUSD/ Kaspa is rallying on a Rising Support. The 1day MA50 is also supporting for the past 2 months.
The RSI is also on a Rising Support, indicating no divergence form the prevailing bullish trend.
Target 0.0300, which as on the October/ November rise, it represents a +650% rise on the 2.382 Fibonacci.
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KASUSD Strong rise on the MA50 (4H)KASUSD is holding and is rising on its MA50 (4H).
Its Bull Flag succesfully broke to the upside.
Both of the above can be also seen on the November 6th-8th Bull Flag, which broke upwards and reached the Fibonacci 1.5 extension.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.02500 (Fibonacci extension 1.5).
Tips:
1. The RSI (4H) also forms a sequence identical to November.
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Kaspa at the first target!!!Hi there!
Next target can be at next two important Fibonacci levels 1.618 and 2.618 ,but also price can be rejected from this area!
Anyway it is not a time for entry now only for partial exit who buy at the bottom or at correction!
Good luck traders
