KASPA price scenario dec 16 2024KASPA price scenario dec 16 2024
Kas has still some work to do to break out up the channel in my opinion
KASUSDT trade ideas
Kaspa looking good Currently, kaspa looking good. local bottom signals with some nice bullish divergences at the .786. Market structure looks mighty fine currently. we will see.
Ridiculous capitulation, nice 3 drives, hi vol and RSI OS alert Ridiculous capitulation, nice 3 drives, hi vol and RSI OS alert
nice 3 drives, hi vol and RSI OS alert,
HiLoCh indicator on 30m TF
1. 3 drives down from the break
2. High vol and b Vol profile on the candle.
3. - had a double event, unusual but should have been safe if waited for the close above the main body of the profile.
got the alerts, waited for the close above the profile, trade with good positon sizing and stop losses.
Kaspa potential cup and handle pattern Kaspa looks like its setting up to make the handle on this pattern soon
lets see how it plays out
KAS with a nice little flag hereKAS with a nice little flag here, i've scaled out quite a bit so might try to get back in here at the top of this 4H OB and high vol candle
A clear rectangle A good setup of a rectangle breakout prepping itself. Waiting for a good long candle close for confirmation. A rejection gets it below with same target.
Kaspa Consolidation ManifestationKaspa consolidation. If Kas goes sideways for 217ish days and does a 2x, then this next move lets pump it to 333% ! tradingview.sweetlogin.com
KAS is going to pump hardHello Cryptosuppliers,
KAS is making a lot of new improvements on Testnet-11. 10 blocks per second.
They're building and more than a year in the same price range.
The only way is up.
Let's get some profits.
Kaspa's Firestorm Wall📉 Current Price: $0.16 USD
🎯 Medium-Term Target: $0.23
🛡️ Key Support: $0.14 (0.618 Fibonacci golden ratio starting from the Nov 5th election-day pump)
🔥 The Firestorm Wall
KASPA faces a formidable challenge at its "Firestorm Wall" of resistance, spanning $0.17–$0.19. Over the last 185 days, KASPA has entered the bottom of the wall ($0.17) more than 10 times.
However, it has only breached the top ($0.19) 3 times. For KASPA to reach its medium-term target of $0.23, it must decisively break through $0.19. Once this happens, the rally could accelerate. 🚀
📊 Recent Developments:
Volume Uptick:
Momentum has increased after bouncing off both the $0.10 support and the bottom of the diagonal trendline.
Money Flow Index (MFI):
Current Status: Neutral (neither overbought nor oversold).
At the $0.10 support, the MFI showed overbought conditions, indicating a bullish recovery.
Golden Cross:
On November 11th, the 50-day MA crossed above the 200-day MA – a strong bullish signal on the daily chart.
📐 Technical Insights:
Yellow Dashed Lines: Fibonacci retracement levels, key zones for price interaction.
Breaking above $0.19 will clear the Firestorm Wall and likely propel KASPA toward $0.23 quickly.
KASPA is ready to launch. 🚀 All eyes on the $0.19 resistance!
KAS Weekly - $3.5 Long Term These are my targets based on long-term trend line and Fib ratio. Whoever says KAS can't do a 20x from here is kidding themselves
KAS/ USDT SEE LOTS OF BULLISH TONES/ beginner trading adviceMy idea for kaspa theres an obvious falling wedge & cup handle off an S/R zone if you zoom out. Bullish divergences at key fibonnaci .618 about .128 i took the position. got a nice retest off the falling wedge breakout with an inverted h/s and finally changing character locally in the market structure when we hit .153!! My measured move of the falling wedge takes us to the ATH at .208. This doesn't mean that is where we are going. I prioritize positions over predictions while understanding and accepting my risk. I'm long from .10 catching a few knives..with those bloody hands, i took a long from .128 at the golden pocket..would i long now? No. not the breakouts. Would i buy on spot ? Sure. Dont 3get about resistance at .177 ish..Dont 3get to teach others what you know. We all started somewhere and we all learned from someone. Traders think that traders have to be right. The more you think that, the more narrow minded you become. An idea is an idea. Do you think you know the millions of ideas there are? If you do, i'd like to join your community instead! #kaspa #lifers #333 tradingview.sweetlogin.com
Kaspa coin potential breakout and retest hi guys. this is my next trade on Kaspa coin. potential breakout and retest. I'm expecting a pump from here. i have a tight stoploss just incase this fails.
Kaspa / KAS ( 70X in 9 month )The price of Kaspa (KAS) is $0.011 today with a 24hour trading volume of 5 million dollar. This represents a 30% price increase in the last 24 hours and a 7000% price increase in the past 9 month..wait what?! that's exactly why you should be in crypto and find the next crypto gems.
Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. Whereby our blockchain is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer). This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks). The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.
as you see we can have a healthy correction and back to 0.010. if you made a good gain make sure taking some profit too
Kaspa weekly god candle formingThe chart illustrates a potential "god candle" scenario on the weekly timeframe for Kaspa, suggesting a strong bullish momentum. This formation is likely supported by the breakout from a falling wedge pattern, which is typically a bullish reversal pattern.
Key observations:
Falling Wedge Breakout: The breakout from the wedge aligns with increased volume, a confirmation of bullish sentiment.
Target Achievement: It seems that the initial price target post-breakout has already been reached.
Trend Continuation: The steep blue trendline indicates strong upward momentum, hinting at a continuation if current support levels hold.
10 BPS, Binance, Smart Contracts patience is key
Ticker: KAS - Elliot Wave Prediction We are currently in a retracement elliot wave (C) inside the main retracement elliot wave (2). I feel that after we have completed this wave we will enter into the begining of elliot wave (3) where we will experince extremely bullish price action.
KAS/USDT Trade Ideaascending channel is broken out
and after touching previous LH,
price is pullback till 50%,
buy small portion at current price,
further can be accomulate at buy1, buy2,
and buy3. stoploss and final target
are shown in the chart.
Target-1: 0.1886
Target-2: 0.2465
Target-3: 0.3039
KASUSDT - Ascending CurveI think this Ascending curve present will result in a bull breakout
Support will be found along the curve and pump out and break it this alt season
I want it to hit $1 before returning to the top of this curved upward channel
Bullish
Kas impulse wave incoming.As described in the video.
Take profits. Not the time to be greedy in the market
KAS bullish cup and handleBullish cup and handle formed on KAS daily. I hope it breaks through soon and then i expect a push higher smashing my final TP in my swing long that has been running for a while now. There could even be reasons to take another long after the break has been confirmed. Let´s see!
KAS swing longAnother possible 15 R trade I have running now. SL moved to BE and TP1 taken. So this one is also risk free going forward!
Kaspa ready to take offKaspa ready to take off..this should push now
=============================================
Tradingview wants me to descirbe more but got nothing to say more...so i will type some none sense so that i can publish...ridiculous that i have to do that..so all the stuff below is none sense so that i can publish:
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
KASPA IS GIANT - WAITING FOR MAJOR EXCHANGES - TRADE PLANChart Type: 4-hour (4H) timeframe.
Pattern Identified: A falling wedge pattern is evident, which typically signals a potential reversal to the upside, especially when the price breaks above the upper trendline (resistance) of the wedge.
Current Price Action: The price is currently consolidating near the lower boundary of the falling wedge pattern. The breakout above the wedge's resistance level is considered crucial for the potential upside move.
Indicators and Signals:
Volume (Volume Profile on the chart):
There is an increase in volume around the lower part of the wedge, suggesting accumulation as the price approaches key support levels.
A potential breakout could be confirmed by a spike in volume as the price breaks above the resistance line of the wedge.
RSI (Relative Strength Index, 14):
The RSI is at 43.20, which is neutral but nearing the oversold zone. This suggests that the market is not in an extreme selling phase, and the asset could gain momentum if the breakout occurs.
Stochastic Oscillator:
The Stochastic Oscillator is at 15.98, indicating that the market is in oversold conditions. If it crosses upward, it could further confirm that a reversal or upward movement is likely.
MACD (Moving Average Convergence Divergence):
The MACD line is above the signal line, and the histogram is in green, indicating bullish momentum. This is a positive sign for a potential upward move once the breakout happens.
Money Flow Index (MFI):
The MFI is showing green bars with an upward slope, suggesting positive money flow and investor interest in the asset.
HMA (Hull Moving Average):
The HMA shows a slight bullish bias with an upward slope, which complements the potential bullish breakout scenario.
Key Support and Resistance Levels:
Support Level: The lower boundary of the falling wedge acts as a key support level. If the price holds above this level, it will give confidence to the potential upward breakout.
Resistance Level: The upper boundary of the wedge is the key resistance level. A breakout above this will be crucial for confirming the potential bullish move.
Price Target: If the breakout occurs, the next logical target would be around the previous highs near 0.18 USD, based on the wedge's height.
Potential Scenarios and Trading Plan:
Bullish Scenario:
Entry: Enter a long position once the price breaks above the resistance level of the falling wedge (around 0.1285 USD).
Stop Loss: Set a stop loss just below the support of the wedge (around 0.1200 USD), to minimize risk in case of a fakeout or reversal.
Take Profit: The first target should be around 0.16 USD, and a secondary target around 0.18 USD if momentum continues to rise after the breakout.
Bearish Scenario:
If the price fails to break the wedge’s resistance or breaks below the wedge’s support, it would indicate that the price is likely to continue its downtrend.
Short Entry: Consider a short position if the price falls below 0.1200 USD, confirming a break of the wedge's support.
Stop Loss: Set the stop loss just above the wedge resistance at 0.1300 USD.
Take Profit: The target could be at lower support levels around 0.10 USD.
The KASPA chart shows a potential bullish reversal from the falling wedge pattern. The key factor for success in this trade will be the confirmation of a breakout with high volume above the wedge's resistance.
Utilize the indicators such as the RSI, MACD, and Stochastic for additional confirmation of the trade setup.
Risk management is crucial, with clear stop-loss levels set to protect against potential downside moves.
Anticipating Short-Term Prospects: What's on the Horizon?Kaspa indicates a bearish bias, particularly with the potential for further downside if the reverse cup and handle formation plays out. However, there is a possible bounce scenario near the key support around $0.125, which aligns with a long-term ascending trend line. If buying pressure increases, the price could see a bounce from this area, potentially targeting the $0.146 to $0.160 resistance levels.
The 20 EMA (red) is currently below the 200 moving average (purple), indicating continued bearish momentum. The price has recently rejected the 200MA, suggesting that this moving average will be a key resistance level on any bounce. Breaking above the 200MA at $0.146 would be critical for signaling a potential shift in momentum to the upside.
The BB Power indicator shows stronger selling pressure than buying pressure, reflecting ongoing bearish sentiment. This adds weight to the downside risk, though a bounce remains possible if the price holds support at $0.125 and selling pressure weakens.
Additionally, it’s important to keep a close watch on Kaspa since it seems volatile at the moment. Don't doubt the signs but hope for the best for a continuation in the upward trend.
Support - $0.125
Resistance - $0.180
Fear and Greed Index (Binance) - 72 Greed
