Kaspa
Kaspa Daily Bull Flag TargetKaspa's rise has been nothing short of phenomenal. I believe this bull pennant forming on the daily will play out, and the targets could reach just under 6 cents. I believe Kaspa can go well beyond that as well, as it's technology is such a big advancement to the industry. I've had a big spot position on Kaspa since August and my current long position has been open for a couple weeks now. Kaspa has done ~20,000% since May, though, no charts on TradingView currently show it's whole lifespan.
If you want a list of reasons why I am so bullish on Kaspa, you check out this Reddit article I wrote. It's a ten minute read and in my opinion, well worth your time:
Mega List of Reasons for Kaspa's Growth - For Newcomers
Maximum point of this wave: 0.034542Hello?
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(KASUSDT chart)
The largest measurable part of the current wave is the 0.034542 point.
Therefore, if it rises above 0.034542, you should be cautious in trading until the next wave.
(1h chart)
Therefore, the key is whether it can rise with support around 0.029505-0.031822.
If not,
1st: 0.026392-0.027106
2nd: 0.022125 (0.020556-0.023311)
You need to check if it is supported in the vicinity of the 1st and 2nd order.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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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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