CSPRUSDT.P trade ideas
Possible Pullback before continuationLooks like Casper is reaching for the 1.618 extension before we have any sort of pullback, question is, is this an ABC wave or a 5 wave structure?
Bearish Divergence, Wave 3 or C reached, retrace we comeCasper is reached wave 3 of EW the 1.618 extension, it looks to be retracing for either wave 4 or this can be seen as a ABC wave structure before more downside in the LTF.
Key take is on the 4hr there is a bearish divergence and MACD looks to be rolling over as well...
CSPRUSDT Hit the 1D MA200 for the first time since April 01!*** ***
For this particular analysis on Casper we are using the CSPRUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where CSPR hit today its 1D MA200 (orange trend-line) for the first time since April 01 2022. That hit resulted in a massive rejection for the token back towards the 1D MA50 (blue trend-line) and even lower on a 2 month horizon.
As a result this is a critical point for buyers. A 1D candle close above the 1D MA200 can potentially reverse the long-term bearish trend and immediately target the next Fibonacci retracement levels: 0.382 and 0.5 until it tests the 1W MA50 (red trend-line). Failure to close above the 1D MA200 can result in a pull-back towards the 1D MA50 (as in April), which is near the bottom of the medium-term Channel Up pattern anyway.
Notice at this point the RSI formation on the 1D time-frame. In contrast to the previous two breaks above the 70.000 RSI mark which formed Lower Highs and rejected the uptrend, the current one is about to close on Higher Highs. That could be an early indication of an upcoming bullish break-out.
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CSPR | Rise and rise.On the 4h time frame, a long negative line pulled the price back from the downtrend line. There is a clear bullish divergence on the RSI. I expect CSPR to rise to at least the top of the trend line ($0.037) in the next few hours. MACD golden fork will appear soon. The rise may not be just that.
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Good luck~☘
CSPR died in January 2021, like RchainHyperinflation during bear market - same marketcap as we had in 20c in August 2021
The team has bad image - team scolding people in Telegram (already deleted), I have screenshot in case people say I am lying
Not listed on any major exchange since listing - hyped up Binance, never came
Still no use case
Slow chain, slow finality - eth2 coming so completely useless
Same team as RChain was also Casper fork - utterly failed
There is heavy selling pressure from validator - in entire bull market it did 10% up maybe then full retrace. I saw it going up by 10-30% many times during autumn 2021, all to retrace. Casperpad was also a scam - but good enough for final double top
CSPR died in January 2021, like RchainAh, CSPR, I put 2.2k at 0.0592, it pumped to 0.21, I didn't take profit - liquidated on way down
Hyperinflation during bear market - same marketcap as we had in 20c in August 2021
The team has bad image - team scolding people in Telegram (already deleted), I have screenshot in case people say I am lying
Not listed on any major exchange since listing - hyped up Binance, never came
Still no use case
Slow chain, slow finality - eth2 coming so completely useless
Same team as RChain was also Casper fork - utterly failed
There is heavy selling pressure from validator - in entire bull market it did 10% up maybe then full retrace. I saw it going up by 10-30% many times during autumn 2021, all to retrace. Casperpad was also a scam - but good enough for final double top.
CASPER CAN REACH $19 (£15.50)- CASPER NETWORK can reach £15.50 within the next 2-5 years because it has utility and is solving a problem, along with that they have a great team and great partnerships.
- Most cryptos have hit the 55/89 FIB extensions so it will be pretty easy for CASPER to hit the 34 extension!
- NOT FINANCIAL ADVICE!
Buy $CSPR (Casper) now?Looks like a very interesting chart formation right now! Would you buy @ 0,03 USD?
CSPR / USDT MASSIVE EXPLOSION About to HappenCASP or Casper is about to break out of a very long downwards trendline.
Keep your eyes peeled!
CASPERBroke 1year downtrend line ,
Broke 2months falling wedge ,
Positive RSI divergence in (daily) & (weekly),
Not financial advice.
CSPR LONG!!!!!!!!!!CSPR potential area of interest to load up and ride this mini pumpo!! Aslong as btc continues to show bullish context alts will follow while btc.d is declining.
as always keep our eye on DXY and nasdaq100 minis here they show us early signs of what the market will do!!
BIDS 0.023 AND LOOK FOR TP ABOVE 0.03
CSPR BOTTOM IN??????????????Liquidity now taken both side of the range and we have a market structure shift to the upside as btc currently runs with alts moving behind, it may be temporary but if we hold AGAIN going into next week then we are now framing our potential trades.
$CSPR Wyckoff Accumulation Schematic *UPDATE*This is an update of the previous post for the $CSPR chart for the Wyckoff Accumulation Schematic idea. I just moved the schematic to the right, threw in some fib extensions for a better or more fixed view of the possibility of this going into fruition. I used the All Time High (1.36) reported from CoinMarketCap on May 12, 2021 to extend the Fib levels to the All Time Low marked today (June 13, 2022) (for now). You can google search Wyckoff Accumulation and look at the images and compare the schematic posted on this chart and see what I'm referring to as an idea. Also giving credit where credit is due, this idea was first introduced to me by watching @Kevin Cages videos on YT and on Twitter.
CASPER £40 ($50) 2-8 YEARS - Casper Network..... What is it? Casper is the first live proof-of-stake, blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.
- Casper's Marker Cap: £151,461,181 (01.06.2022)
- Casper price today: £0.029
- £40 DIVIDED BY £0.029 = 1,379
- Lets just say Casper does a 450X from its all time low.... £151,461,181 X 450 = £68,157,531,450 (£13 per Casper Token)
- NOT FINANCIAL ADVICE - DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOUR WILLING TO LOSE! (DCA)
CSPR Wyckoff Accumulation SchematicI've been looking at CSPR possible Wyckoff Accumulation Schematic (WAS) idea that has been thrown around (mostly by Kevin Cage) and tried to adjust the chart to a weekly pattern and I have gone this far. I believe if it plays out exactly as the schematic shown (anywhere in google actually), it should look like this. If this is completely invalid, I would understand also and believe the pattern drawn can be adjusted to the candlesticks already present (like an overlay) and it would also probably adjust itself to the WAS.
cspr MMSMMMSM could be forming , the rejection inside our trading session didn't offer enough downside and we look to have formed a short term low , if we clear the next high 0.430 that will be full confirmation of the sell model and well sell into the stop run ready to target the lows,
Remember the top is always hard to call so don't expect to catch the top of this move if plays out
Thanks Kevin Casper has created a full double bottom with the listing price at .03 successfully filling all gaps. Price will either create a V-bottom (Spring in Wykoff accumulation) and begin to test .22 region; or it will accumulate sideways and then spring.
I fully expect big hulk c*ck green candles in the near future.
Thanks Kev.. cheers
PREPARE FOR CARNAGE Using the fib the same way we would do to project potential targets to the up side when no data is there to be read , we can also project targets to the downside.
With this we will still look for the HTF BMS to occur before validating the position.
ICO price for cspr was 0.03c anyone who has bought cspr since listed on exchanges is underwater , will they drive price below ICO? . Time will tell biut again we have to prepare some bids.
Using the retracement levels for a potential reversal followed by a structure shift to the upside we can start to build into the trade.
0.0318-0.0181 is where well look for such event to occur and will be our first entry i dont want to DCA into this.
BEST PRICE TO ACCUMULATE MORE CSPRIf there is any any price best for entry for CSPR, it should be at this current all-time low level. CSPR is now currently testing the 0.05 support. I expect this support to hold and as bitcoin have a momentary relief form a double bottom then flip upside. However, if the current support is lost. The next strong support will be 0.01. After that is 0.005(I don't expect to see this price).
CSPR LONG!!!!!!!!!! Short term spot trade here looking the take advantage of any rejection to the upside.
Stop hunt either side , after the run on sell side liquidity we have OB=FVG with large LTF imbalance BULLISH price action,
Remember this is short term trade so take maximum profits.
0.589 is where ill be looking for entries
