KASUSDT trade ideas
KAS Cycle Update 01/31- Completing the Feb to Beginning of MarchKaspa is about mid-way through its current 60-day cycle. As it did not show particular strength after the last cycle low, I suspect it will chop around until the next daily cycle low (DCL), which should also be a Weekly Cycle Low (WCL).
To show that this year-long range has been an ACCUMULATION pattern rather than a DISTRIBUTION pattern, Kaspa has to stay above 0.10 and DEFINITELY not lose the lower box.
Invalidation of a distributive top will be confirmed if it breaks above the most recent blue trendline.
From the longer trendlines (the strong red below and the upper blue), Kaspa is currently in a compression wedge.
The next DCL/WCL should be telling. If Bitcoin (still the king) can show some strength (it is also coming up on a DCL/WCL), Kaspa should follow, and the next DCL/WCL, when confirmed, should be a great entry point for a long.
The yellow path is my current expectation of Kaspa's path (bullish bias).
Thanks, Uncle Camel (CamelFinance,) for the insights on cycle theory.
TradeCityPro | KAS: Mastering the Layer 1 Cryptocurrency Terrain👋 Welcome to TradeCityPro!
Today, we're delving into KAS, a prominent Layer 1 cryptocurrency.
📅 Weekly Timeframe
We're observing a powerful upward trend that began after reaching a resistance at $0.191706 and recording a new ATH. The currency has entered a consolidation phase, fluctuating within a range box between $0.099315 and $0.191706.
🔍 The $0.099315 area has proven to be a significant support, overlaid with the 0.236 Fibonacci zone, creating an important PRZ. If this area breaks, the next support would be at the 0.382 Fibonacci level. Other critical areas at $0.39650 and $0.015089 could serve as potential floors in the event of a severe drop.
📊 Since late 2024, market volume has significantly increased as Bitcoin was hitting new highs. However, KAS continues to oscillate between $0.099315 and $0.191706, unaffected by Bitcoin’s movements.
📈 Breaking the resistance at $0.191706 is crucial, and if the price can stabilize above this area, there's a high chance of setting a new ATH, especially if accompanied by a surge in buying volume and a break above 60.93 on the RSI.
✅ If the price solidifies above $0.191706, subsequent Fibonacci targets are around $0.44 and $1.13. The $0.44 target is feasible with a market cap reaching $12-14 billion, but reaching $1.13 is less likely as it requires a much higher market cap, making it a challenging target.
⏳ 4-Hour Timeframe
In the 4-hour timeframe, we're seeing a downward trendline that has recently been broken, and the price is gaining upward momentum as evidenced by breaking 50 on the RSI. There's a significant resistance zone from $0.134103 to $0.139051, and breaking any of these areas could be a good trigger for a long position.
🔼 For risk-takers, breaking $0.134103 could be an immediate trigger for opening a position, but a more secure trigger would be the break of $0.139051. The minimum target for both positions would be $0.152908, which could also act as a trigger for reaching the upper range box limit.
📉 For short positions, the first trigger is at $0.119702, a very appealing level. If the price consolidates below this area, we could see a move down to $0.108790. The main trigger for a significant bearish move would be the break of $0.108790, a crucial support, which could lead to heavy drops with targets outlined in the weekly timeframe.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
KASPA IS THE FIRST CRYPTO TO SOLVE THE BLOCKCHAIN TRILEMMA!Pattern: Symmetrical Triangle
Formation: The chart shows a symmetrical triangle pattern forming on the weekly timeframe. This pattern typically indicates price consolidation and suggests that a breakout (up or down) is imminent.
Support and Resistance:
Support: Defined by the ascending green trendline.
Resistance: Defined by the descending red trendline.
Prognosis:
Prognosis 1: A bearish breakout (less likely).
Prognosis 2: A bullish breakout (more likely).
Indicators
Volume:
Volume is declining during the formation of the triangle, confirming the pattern’s validity. A volume surge is expected during a breakout.
RSI (Relative Strength Index):
Current RSI value is 44.55, indicating neutral momentum but leaning towards an oversold condition.
Stochastic Oscillator:
The stochastic is in the lower range (23.19), suggesting potential upward momentum soon.
Money Flow Index (MFI):
The MFI is showing a slight uptick, signaling that money inflows may be returning.
Market Cipher B:
Momentum is gradually increasing, with signs of bullish divergence.
Key Levels
Resistance:
$0.24522 (intermediate target).
$0.34669 (major target post-breakout).
Support:
$0.10 (triangle base and psychological level).
Spot Trading Plan
Entry Strategy
Breakout Confirmation:
Buy above $0.145 on a confirmed breakout from the triangle (with a 4-hour or daily candle close above resistance).
Volume Surge:
Enter only if the breakout is accompanied by high trading volume.
Stop Loss:
Place a stop loss below the breakout level or $0.12 to limit downside risk.
Profit Targets
First Take Profit:
$0.24522 (approx. 68% above breakout level).
Sell 50% of the position.
Second Take Profit:
$0.34669 (approx. 138% above breakout level).
Sell the remaining position.
Risk Management:
Allocate no more than 5-10% of your portfolio to this trade.
Maintain a risk/reward ratio of 1:3.
Monitoring:
Keep an eye on overall market conditions (Bitcoin dominance and trends) as they heavily influence altcoin performance.
Reassess if the price deviates significantly from the expected triangle breakout.
Bearish Scenario:
If the price breaks below $0.12 with high volume, wait for the $0.10 level to evaluate for potential entry or exit further positions.
KAS on a runEvery time RSI-14 crossed above SMA-14 on the weekly chart, CSE:KAS experienced significant rallies, delivering gains between 70% and 200%. With strong fundamentals expected in the coming weeks and months—including potential Binance listing, 10 BPS on mainnet, inclusion in Grayscale’s product portfolio, additional exchange listings, and possibly even smart contracts later this year—this could be an excellent time to accumulate.
Despite already pumping 40%, the risk-to-reward ratio remains attractive, as CSE:KAS has consistently held above $0.10 over the past year.
Personally, I’m heavily buying below $0.15. Once we break past that level, I anticipate CSE:KAS skyrocketing to new all-time highs and entering price discovery, potentially reaching between $0.30 and $0.50.
Cryptocurrency Market Confirmed Bullish: Higher High NextI think the easiest way to say it is by keeping it simple and straight forward: Cryptocurrency is bullish. The Cryptocurrency market is set to move forward and produce a new higher high, marketwide. The Altcoins are set to grow, Bitcoin is set to continue growing; we are going up.
Here we have Kaspa, KASUSDT, a pair that we traded many time successfully on the bearish side. It is bullish now.
Kaspa started a retrace in early December.
After two strong negative weeks, it produced three weeks of sideways.
So we have a drop, a strong drop that suddenly stops and the market goes sideways. Now we are seeing a bullish breakout.
This means that the correction is over and we are ready to see a new move develop. This new move is a bullish move and this is based on the chart, market cycle and marketwide action.
This new move can be a mild move or a long-term one.
The most probable scenario goes like this: The low is in. We will see higher prices, higher highs and higher lows long-term.
The bearish action is over.
Welcome to the 2025 bull-market.
It all starts now and it will go for long and high.
Thank you for reading.
Namaste.
Kaspa DCL/WCL in sightKaspa is right in the timing window for a DCL (60-day cycle) ending Jan 9th. It has confirmed a break above the downward-sloping blue trendline.
It has either put in a DCL/WCL already or still has a few days.
(If it drops below 0.112450, the new DCL/WCL will be created).
This will be a good sentiment reset and allow for strength upcoming.
As always, BTC still dominates, so Kaspa PA can be impacted.
After that, there is a high probability that we will see a Right-translated daily cycle (usually indicative of an uptrend). Bullish Bias.
NFA - Opinion of the Author ONLY.
JT
KASPA - IT'S TIME TO RISE (TA+TRADE PLAN)Technical Analysis of KASPA/USDT
Chart Overview
Formation: The price action indicates a descending trading channel transitioning into a falling wedge pattern, which is typically bullish and suggests a potential breakout.
Support Levels: There are key horizontal support zones within the orange-shaded areas (~$0.120-$0.125). These levels have historically provided strong demand and buying pressure.
Resistance Levels: Resistance is observed near $0.135 and $0.145. Breaking above these levels will confirm the bullish breakout.
Indicators Analysis:
RSI: At 37.25, indicating oversold conditions. A potential reversal upwards is imminent.
Stochastic RSI: Showing upward momentum, confirming a likely breakout soon.
Volume: A significant volume spike near support zones suggests accumulation by bulls.
Money Flow Index (MFI): A positive divergence indicates that buyers are entering the market.
Wave Market Cipher: Shows bullish divergence with green dots on the oscillator, further validating a potential move upward.
Pattern Breakdown
Falling Wedge: A bullish continuation pattern that implies a breakout in the upward direction. This is supported by the narrowing of price movements and lower volume, a precursor to significant price movement.
Trading Plan for KASPA
Entry Strategy:
Primary Entry: Enter near the current price level (~$0.124) within the wedge, as this is close to strong support.
Secondary Entry: Place buy orders near $0.120 in case of a short-term dip.
Stop-Loss:
Set a stop-loss just below the wedge support ($0.115) to manage risk, as breaking below this invalidates the bullish setup.
Profit Targets:
Target 1: $0.135 – the upper boundary of the current wedge.
Target 2: $0.145 – a resistance level aligned with historical price action.
Target 3: $0.160 – an extended target if momentum continues post-breakout.
Risk-Reward:
Risk: $0.124 to $0.115 (~7.3% downside).
Reward:
Target 1: 9% gain.
Target 2: 16.9% gain.
Target 3: 29% gain.
Confirmation Strategy:
Wait for a confirmed breakout above $0.128 (wedge resistance) with strong volume before adding to positions.
Use a trailing stop-loss to secure profits if the price moves significantly upward.
Timeframe:
Monitor the 1-hour and 4-hour timeframes for confirmation signals. Breakouts from falling wedges typically occur within 1-2 trading sessions.
Market Sentiment: Ensure the broader crypto market sentiment remains positive or neutral to support bullish momentum.
News Events: Monitor any fundamental news or updates regarding KASPA that could affect its price action.
KAS Long Sl -14.3%KAS Long Setup
Reason:
Breakout of trendline.
Strong Bullish Volume is observed.
Liquidity Sweep already taken.
LTF Confirmation already done.
Price actions suggesting a bullish wave.
All Technical Indicators Suggesting Strong bullish Momentum.
Best Regards,
Crypto Panda
BYBIT:KASUSDT.P
MEXC:KASUSDT.P
BINGX:KASUSDT.P
BLOFIN:KASUSDT.P
Kaspa in big sideways range or Head and shoulders?Yes we had that big head n shoulders on kaspa to include a bear flag. But that bear flag looking invalidated. I see more bullish tones than bearish tones now. We have price bouncing off monthly support, we are currently reclaiming .786 on a higher low (macro). Are are above point of control and finding support off the Value Area Low. That big head n shoulders on kaspa getting everyone to sell their bags. While the believers buying it up. That's my take. If you think I am "wrong", you are in the wrong business. its not about being right or wrong, its about being positioned for all scenarios. I am ready for .05 at the big .786/ high volume node also
Kaspa / USDT LongWill be watching the next few 4h Candles for confirmation, however noticing 4h bullish div on RSI, so with increased volume could be a reversal, otherwise a great chance to grab KAS at 10c!
Summary of Kaspa Signal Analysis:
1. Current Price and Monthly Chart
- Kaspa is trading at $0.124.
- Monthly chart shows consolidation with selling pressure, but 4-hour chart hints at bullish potential.
2. Head and Shoulders Pattern
- Potential head and shoulders pattern might push the price to test $0.10 support.
- This level is viewed as a possible bottom.
3. Weekly Chart Reversal Signs
- Last week's engulfing candlestick suggests a possible trend reversal.
- RSI and MACD indicate bearish momentum with a chance of further price drops.
4. Oversold Signals and Support
- Oversold RSI conditions near support could lead to a price rebound.
- Bearish MACD momentum appears to be slowing.
5. Daily Chart: Long-Legged Candlestick
- Indicates market indecision and potential weakening of bearish momentum.
- Requires strong green candlesticks for bullish confirmation.
6. 4-Hour Chart Bullish Divergence
- Price making lower lows while RSI makes higher highs points to bullish divergence.
- Engulfing candlestick suggests reversal, but additional confirmation is needed.
7. Critical Upcoming Sessions
- Next 2-3 sessions will reveal if a breakout or continuation of the downtrend occurs.
- Watch for strong green candlesticks or prolonged small candlestick bodies.
8. Resistance Levels
- Immediate resistance at $0.129, with the next level at $0.13.
- Possible outcomes: breakout, consolidation, or continuation of the downtrend.
9. Final Insight
- The next few 4h candlesticks are vital for confirming the bullish divergence and price direction.
Disclaimer: Not Financial Advice
This post is for informational and educational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are highly volatile and involve significant risk. Always conduct your own research (DYOR) and consult with a licensed financial advisor before making any investment decisions. The author of this post accepts no liability for any financial losses or decisions made based on the information provided. Trade responsibly!
KASPA - Poised for an Upward Trajectory (TA+TRADE PLAN)Technical Analysis of KASPA (KAS/USDT)
Falling Wedge Pattern:
The chart indicates a classic falling wedge pattern, a bullish reversal formation. The price is approaching the breakout point where resistance has converged with support, as marked on the chart.
The breakout above the resistance line suggests a potential upward trend.
Volume Analysis:
A spike in trading volume near the breakout area confirms increased interest and possible momentum shift.
Momentum Indicators:
VWMCipher B Divergences: Displays bullish divergence, supporting a potential price increase.
RSI (Relative Strength Index): At ~27, indicating oversold conditions. This signals a potential upward price movement as the asset appears undervalued.
Arty Money Flow Index (MFI): At ~24, indicating an oversold condition with possible accumulation.
Stochastic Oscillator: Oversold levels at 32.5, crossing upwards, indicating a buy signal.
Potential Targets:
Short-Term Target: $0.14 (breakout confirmation).
Mid-Term Target: $0.18 (previous resistance level).
Long-Term Target: $0.22–$0.24 (major resistance zone from earlier trends).
Risk Level:
Support at ~$0.12. A breakdown below this level invalidates the bullish thesis, making this a critical stop-loss level.
Trading Plan
Entry Points:
Initial Buy Zone: Enter near the breakout point (~$0.128-$0.132) to capitalize on bullish momentum.
Confirmation Entry: Add to the position once price closes above $0.14 with strong volume.
Stop Loss:
Place a stop-loss slightly below $0.12 (e.g., $0.118) to limit downside risk if the breakout fails.
Profit-Taking Strategy:
First Take-Profit (TP1): At $0.14 (~10% gain) to secure initial profits.
Second Take-Profit (TP2): At $0.18 (approximately 40% gain from entry).
Final Target (TP3): $0.22-$0.24 for long-term holders seeking maximum gains.
Position Sizing:
Allocate 2–5% of your portfolio, depending on your risk tolerance. Keep capital reserved for potential averaging down if needed.
Trailing Stop:
Implement a trailing stop once the price exceeds $0.18 to lock in profits while allowing room for further upward movement.
Risk Management:
Maintain a Risk-Reward Ratio of at least 1:3. Adjust trade size to manage risk effectively.
Monitoring:
Regularly check volume trends, RSI levels, and significant market news affecting KASPA.
Be cautious of overall cryptocurrency market sentiment, as broader trends often impact altcoins.
This falling wedge setup, combined with oversold indicators and volume confirmation, suggests KASPA is primed for a bullish breakout. Stick to the trading plan and employ disciplined risk management to maximize returns while minimizing potential losses.
Technical Analysis for KAS/USDT + TRADING PLANTechnical Analysis for KAS/USDT
Chart Pattern:
The Head and Shoulders 2X pattern (highlighted in orange) is forming, which suggests a potential reversal. This is a bearish pattern when it completes.
The neckline for the Head and Shoulders pattern aligns around the long support 1 (green line). A decisive breakdown from this support could confirm the bearish trend.
Key Support and Resistance Levels:
Resistance Line (Red): This upward resistance acts as a price ceiling, aligning with the upper boundary of the channel. Current resistance is near $0.25-$0.30.
Long Support 1 and 2 (Green):
First support aligns at approximately $0.12-$0.14 (immediate support).
Second, stronger support lies near $0.09-$0.10 if breakdown occurs.
Intermediate Support (Blue): The long-term trendline below the neckline provides another zone of support.
Trend Outlook:
Short-Term (Bearish to Neutral): Price is consolidating near $0.14. The dotted path shows potential upward movement, but breaking the neckline could lead to a downside push.
Medium-Term (Bullish Potential): If the price holds support and breaks above $0.17-$0.20, Kaspa could return to an upward trajectory within the channel.
Long-Term (Bullish Channel): The broader channel remains intact, and price action could resume its uptrend toward resistance near $0.30.
Indicators Analysis:
Volume: Volume is relatively low, indicating low buying pressure. A breakout requires higher volume.
RSI (Relative Strength Index):
Current RSI: Near 54. This is neutral territory.
Observation: RSI must remain above 50 to support an upward trend.
Money Flow Index (MFI):
The MFI shows a slight upward trend at 32, which suggests weak buying interest.
Stochastic Oscillator:
Stochastic is near 12, indicating a potential oversold condition, which may lead to a short-term bounce.
Trading Plan
Short-Term Strategy (1-2 weeks):
Buy Zone: If Kaspa retests support at $0.12-$0.14, consider accumulating small positions.
Stop-Loss: Place a stop-loss below $0.12 to protect against breakdown.
Target 1: $0.17 (short-term resistance).
Target 2: $0.20 (key breakout level).
Medium-Term Strategy (1-3 months):
Breakout Trade: Enter long positions if price closes above $0.17-$0.20 with strong volume confirmation.
Stop-Loss: Adjust stop-loss to $0.14 after breakout.
Target: $0.25 (resistance near the top of the upward channel).
Long-Term Strategy (3-12 months):
Channel Trend: Continue holding positions if the price respects the long-term support levels and upward channel trendline.
Target: $0.30-$0.35 (upper resistance).
Risk Management:
Position Sizing: Limit exposure to 2-5% of total portfolio on each trade.
Trailing Stop: Use a trailing stop once price hits $0.17-$0.20 to lock in profits.
Kaspa remains in a critical phase with potential for both upward breakout or breakdown. Watch the $0.14 neckline and volume closely. Traders can capitalize on support bounces or confirm long positions above $0.17-$0.20 for better risk/reward setups.