KASUSD trade ideas
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
