KASUSDT trade ideas
Clean Kaspa Rise with Fib RetracementKaspa Coin Quick Play: Fib Retracements and Anticipating the Surge! 🚀📈
Overview:
Eyeing an opportune entry in the Kaspa coin rally! Considering Fibonacci retracements, focusing on the 50-61% zone for potential pullback entry. Current levels at 0.14039 to 0.13987.
Strategy:
Waiting for a brief pullback for trend confirmation before making a move. The sweet spot for entry lies around 50-61% retracement levels, setting the stage for potential gains.
Price Target:
Bullish sentiment suggests a possible surge towards 15 cents. Keep a sharp eye on developments and seize the moment for a strategic entry. Ready for the Kaspa thrill ride? 🎢💹 #KaspaCoin #FibonacciPlay
KAS - Kaspa re-gaining ground!It has been a while when this coin did move up, it was in a long congestion, and it is still there, but around 0.10$ we ve seen a kind of reaction which can lead to a 0.15$ level if the double bottom (short term) will remain solid and if it will be broken at 0.11.
Good trading!
Kaspa (KAS): In great spirits!Kaspa is in great spirits, with a run of over +40% in 5 days, and is now just a step away from its closing ATH!
Does it need a breather, or will it break all the way up?
Being rejected by the ATH should bring the price back towards $0.123 in the first instance, on the support indicated by our Pivot Identifier . But if we get a daily close above $0.145, then Kaspa could mark a new ATH.
To find a target, we've plotted Fibonacci extensions of the last big move. Why not go for 1.618 in the medium term, towards $0.21!
In the short term, a small retracement seems probable, as many indicators are currently overheating, as shown in our Ultimatyx Screener table.
kas short hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
KAS SHORT hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
KAS Buying Frenzy: Seize the Opportunity Now!Fundamentals:
Proof-of-Work (PoW) cryptocurrency using the GHOSTDAG protocol, aiming for faster transactions and lower fees compared to traditional PoW chains.
Fair launch: No pre-mining or allocation, distributed through mining.
Community-driven project: Open-source and governed by its community.
Current price: ~$0.12 (as of February 8, 2024), with an all-time high of ~$0.15.
Market cap: ~$100 million.
Recent News:
Kaspa v1.2.0 released: Introduces new features and bug fixes.
Partnership with Flare Network: Enables DeFi applications on the Kaspa blockchain.
Growing community and developer activity: Increasing adoption and development interest.
Important:
This information is for informational purposes only and should not be considered investment advice.
Cryptocurrency is a volatile and speculative market, and investing involves inherent risks.
Always conduct your own research before making any investment decisions.
Disclaimer (added for clarity):
This information is not a recommendation to buy, sell, or hold KAS or any other cryptocurrency. Please do your own research and consult with a financial advisor before making any investment decisions.
Soon a Big Move for KaspaKaspa Gann Fan & Fib Wedge Analysis:
• Chart Scale: 0.00081. Scaled from high to low.
• Fib Wedge: The 1 level acted as resistance three times.
• Another interface with 1 level could come as early as today or tomorrow.
• The rule of angles gives the downside a higher probability. However, I have my reservations.
• The Next Gann angle support is at 0.0875.
• The next Gann angle resistance is at 0.135.
• Downside potential: 15%
• Upside Potential:31%
✴️ Kaspa Goes Up Or Down? When To Buy & My Trading MethodologySeveral questions in the title, let's go step by step but first....
How are you doing my amazing supporter?
It is my pleasure to be here for you today.
➖ Will Kaspa grow from this point forward or will it go down?
There is a famous saying, I think from one of Livermore or Graham's books, where after doing their research and setting their positions people would ask, "is the price going up," "when is it going up?," the answer would always invariably be, " I don't know and I don't care. "
➖ Is Kaspa going up?
We look at charts for trading purposes.
We look at the charts with the goal of finding setups that can produce winning trades for those who read. The main and most important point for us is the risk, the chart setup must be low risk.
For low risk we focus on low prices, trading low/near support.
Since we are technical analysts first, we don't know about fundamentals and there aren't that many valuable fundamentals when most of the Cryptocurrency companies are just smoke and screens. Most of these "companies" are just promises and it is too early in this game. So it is not only wise to focus on technical analysis at this point in time it might be the only approach that works because there are no earnings reports, no P/E ratio, no dividends, no share holders, no reporting, no taxes, no insiders buying reports, etc. This is just not the world in which we live anymore... I mean, it exist, it is just not for us; the new generation.
We look at codes, numbers, data and our gut... Financial hieroglyphs, or just the chart.
So Kaspa (KASUSDT) grew by 1,200%, more or less, in a period of about 6 months. I am not trying to be exact, this is what I see on the chart.
And so it can keep on growing, it can keep on going and going and going to the moon, to Jupiter, Pluto and beyond the stars but that is not my point. My point is this, if this is a pair that I like and follow it for six months and in the end I see a 50% retrace from a pick, an 80% correction but the action stopped; The price is low, near support... Then I like it for a rise. I like it for a call. I like to share it to buy because growth potential will be very high, the risk really low.
Say that a pair of my choosing which has been going down for two years keeps on going down. If this happens you surely know that the bottom is close because it already dropped for two years straight. So you might have to wait a few days, a few weeks, a month or two at the worst and then the doors are open for growth.
After a pair, a company, a stock, a Cryptocurrency grows by 1,200%... I don't know, I don't have a crystal ball but, if it starts dropping it can drop for just a few days just as it can be the beginning of a six months long wait. Do you get my point?
Don't worry... I am still here with you.
➖ Sell high and buy low.
I will expand in another trade idea.
✔️ Make sure to boost if you would like to read part two.
✔️ Feel free to follow if you enjoy the content.
Thanks a lot for your support.
Namaste.
⚖️💹 KAS Trading Strategy 🌐📊📊 Current Market Status:
KAS at a key support area at $0.10.
📈 Chart Analysis:
Identified key support zone.
🔄 Longing Strategy:
Small Position: Start with a small position to de-risk entry at the current support of $0.10.
Add More: Consider adding more after retesting key levels.
Key Resistance: Next key resistance at $0.146, with a potential pause at $0.12.
⚖️ Risk Management:
Stop Loss: Set at $0.09.
📣 Conclusion:
De-risk entry with a small position.
Gradual addition based on retesting key levels.
Watch for resistance at $0.12 and aim for $0.146.
Trade wisely! 📈💡 #KAS #TradingStrategy #CryptoMarket 🌐📊
#KAS/USDT is trying to break the Diagonal Trendline in 4-Hour TF#KAS/USDT is trying to break the Diagonal Trendline in 4-Hour TF!
CRYPTOCAP:KAS needs to clear PDH $0.1023 local resistance to gain the bullish momentum. The next local resistance level is PWH $0.1102. The local support level is PWL $0.0924.