1. Market context & chart structure
Asset / venue / timeframe: KAS-USDT (Bybit spot), 4-hour candles, data to 12 Jun 2025 06:45 UTC (see image).
Primary pattern in play: Price has compressed into a contracting (symmetrical) triangle that began after the 28 May low. The apex is only ~1–2 candles away, so a decisive break is statistically imminent.
Preceding structure:
17-day descending channel → capitulation into a falling-wedge reversal (27–28 May).
Two-legged double-bottom (“Bottom 2”) at 0.075–0.078 USDT.
Sideways rectangle 29 May-7 Jun, now morphing into the present triangle.
Key horizontal levels (4 h closes): 0.0930 (upper triangle rail / neckline) · 0.0891 (local supply) · 0.0797 (strong demand / wedge base) · 0.0620 (monthly support)
Volume picture: Realised volume has been drying up since 31 May, a classic pre-breakout contraction. A spike on the break will confirm direction.
2. Indicator read-out
Market Cipher B - Green momentum wave printing, money-flow bars just turned positive Mildly bullish, Early bull divergence vs 28 May
RSI(14) - 46 and curling up - Neutral-to-bullish Hidden bullish divergence vs price higher-lows
Stoch RSI 26/24 and crossing up from oversold Bullish Momentum reset complete
ArTy Money-Flow Index +3.5 and rising Bullish Positive inflow after five sessions of outflow
Collectively the oscillators favour an upside resolution, provided volume confirms.
3. Scenario probability matrix
Scenario Trigger & confirmation
Option 1 – Uptrend continuation
4 h close ≥ 0.0925 USDT with volume ≥ 2× 20-period average
Measured-move 0.107 → 0.118;
extended fib 1.618 ≈ 0.125–0.128
Est. probability: 60 %
Option 2 – Downtrend resumption
4 h close ≤ 0.079 USDT with similar volume spike 0.072 (range EQ) → 0.067–0.062 structural support
Est. probability: 40 %
Weighting derives from: oscillator bias, shrinking supply above 0.092 (order-book heat-map), but tempered by external models calling for a short-term dip toward 0.067 USDT
4. Trading plan
Component Long (Option 1) Short (Option 2)
Entry Buy stop 0.0926 USDT Sell stop 0.0789 USDT
Initial stop-loss 0.0838 USDT 0.0870 USDT (back inside triangle)
Primary target-1 0.1050 (≈1R) 0.0725 (≈1R)
Secondary target-2 0.1180 (≈2.5R) 0.0670 (≈2.5R)
Position size Risk ≤ 1 % of account per trade (adjust contracts accordingly)
5. Additional catalysts & risk factors
Macro-beta: BTC dominance and broad market risk-on / risk-off could swamp pattern-based setups; monitor DXY and SPX correlations.
Protocol news: Kaspa’s DAG-based roadmap upgrades and potential exchange listings remain upside catalysts. Conversely, lack of progress or regulatory headlines could accelerate a downside break.
kaspa.org
Weekend liquidity gaps: KAS often shows slippage outside US trading hours; consider reducing size or using wide stops if breakout occurs late Friday–Sunday.
6. To sum up
Bias: I lean 60 % toward Option 1 (bullish breakout) provided we get a 4 h close above 0.092 with volume confirmation. Otherwise, a flush to the 0.07 area (Option 2) is the alternative. Trade the break, not the prediction, and keep risk tight.
Asset / venue / timeframe: KAS-USDT (Bybit spot), 4-hour candles, data to 12 Jun 2025 06:45 UTC (see image).
Primary pattern in play: Price has compressed into a contracting (symmetrical) triangle that began after the 28 May low. The apex is only ~1–2 candles away, so a decisive break is statistically imminent.
Preceding structure:
17-day descending channel → capitulation into a falling-wedge reversal (27–28 May).
Two-legged double-bottom (“Bottom 2”) at 0.075–0.078 USDT.
Sideways rectangle 29 May-7 Jun, now morphing into the present triangle.
Key horizontal levels (4 h closes): 0.0930 (upper triangle rail / neckline) · 0.0891 (local supply) · 0.0797 (strong demand / wedge base) · 0.0620 (monthly support)
Volume picture: Realised volume has been drying up since 31 May, a classic pre-breakout contraction. A spike on the break will confirm direction.
2. Indicator read-out
Market Cipher B - Green momentum wave printing, money-flow bars just turned positive Mildly bullish, Early bull divergence vs 28 May
RSI(14) - 46 and curling up - Neutral-to-bullish Hidden bullish divergence vs price higher-lows
Stoch RSI 26/24 and crossing up from oversold Bullish Momentum reset complete
ArTy Money-Flow Index +3.5 and rising Bullish Positive inflow after five sessions of outflow
Collectively the oscillators favour an upside resolution, provided volume confirms.
3. Scenario probability matrix
Scenario Trigger & confirmation
Option 1 – Uptrend continuation
4 h close ≥ 0.0925 USDT with volume ≥ 2× 20-period average
Measured-move 0.107 → 0.118;
extended fib 1.618 ≈ 0.125–0.128
Est. probability: 60 %
Option 2 – Downtrend resumption
4 h close ≤ 0.079 USDT with similar volume spike 0.072 (range EQ) → 0.067–0.062 structural support
Est. probability: 40 %
Weighting derives from: oscillator bias, shrinking supply above 0.092 (order-book heat-map), but tempered by external models calling for a short-term dip toward 0.067 USDT
4. Trading plan
Component Long (Option 1) Short (Option 2)
Entry Buy stop 0.0926 USDT Sell stop 0.0789 USDT
Initial stop-loss 0.0838 USDT 0.0870 USDT (back inside triangle)
Primary target-1 0.1050 (≈1R) 0.0725 (≈1R)
Secondary target-2 0.1180 (≈2.5R) 0.0670 (≈2.5R)
Position size Risk ≤ 1 % of account per trade (adjust contracts accordingly)
5. Additional catalysts & risk factors
Macro-beta: BTC dominance and broad market risk-on / risk-off could swamp pattern-based setups; monitor DXY and SPX correlations.
Protocol news: Kaspa’s DAG-based roadmap upgrades and potential exchange listings remain upside catalysts. Conversely, lack of progress or regulatory headlines could accelerate a downside break.
kaspa.org
Weekend liquidity gaps: KAS often shows slippage outside US trading hours; consider reducing size or using wide stops if breakout occurs late Friday–Sunday.
6. To sum up
Bias: I lean 60 % toward Option 1 (bullish breakout) provided we get a 4 h close above 0.092 with volume confirmation. Otherwise, a flush to the 0.07 area (Option 2) is the alternative. Trade the break, not the prediction, and keep risk tight.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.