Head & Shoulder? Kaspa!If BTC couldn't hold or even if the BTC pumps with BTC dominance pumping..we might see a significant drop in KASPA. An amazing buying opportunity.
Kaspausdt
kaspa
The emergence of a strong reversal pattern in kaspa
Make your own decisions
The future of Bitcoin
Kaspa (KAS) Bull Market Price Prediction – Revised EditionTLDR:
• This is a bull market prediction.
• I compared KAS with FTM and ADA because the charts have some similarities.
• Take this prediction business with a pinch of salt. I don’t know the future, nobody does.
• However, in bull markets crazy things happen, and if FTM and ADA made it, so can Kaspa. Preface:
• Analyzing a coin with a short price history is a challenge. In TA we analyze an asset based on past performance and try to project what this past performance may mean for future performance. A coin without a significant past PA is tricky. However, because of its incredible PA and this asset’s fundamentals I will follow it closely and share setups as I see them.
• In the previous TV idea, I compared Kaspa’s PA with a fractal of Kadena. Why? Because I wasn’t thinking straight. The only commonality between these two assets is that they are both “Proof of Work.”
• In this revised edition, I tried to compare fractals of cryptocurrencies that have a similar chart structure to Kaspa’s. Two assets that fit the bill are Cardano (ADA) and Fantom (FTM).
• You must understand, at this stage, it is just speculation. I don’t know what the future will bring. I cannot guarantee my performance a month from now, and I sure as hell, cannot guarantee Kaspa's performance in a future bull market.
• However, speculation is all that we can do during the dry season until the rain comes. So, let’s speculate.
Price Prediction:
• Kaspa is a young asset. The Kaspa blockchain (DAG) still has a lot of development to make. KAS’s Price history also makes it difficult to extrapolate future prices. However, we know that this kind of asset can make an astonishing PA if the stars align.
• If we take a fib extension from the previous low to the high, we can see that KAS’s ATH was between the 1 – 1.272 fib extension. Assuming that the next ATH will be between these fib extensions, our price target is roughly 12-22 cents. Considering the Cup and Handle forming on Kaspa’s chart (Linked) this looks reasonable.
KAS Compared to FTM
• Between March 2020 and January 2021, Fantom’s PA looked similar to Kaspa’s current PA.
• An impulsive rise of 3000%.
• A consolidation period in a rounding bottom.
• Followed by another two strong impulsive price movements to the upside.
• Kaspa’s PA looks similar:
• An Impulsive move up of more than 3000%
• Followed by a rounding bottom (in the process).
• If we assume that Kaspa’s continuation will be similar to Fantom’s, in a year from completing the consolidation Kaspa could reach 1.76$.
KAS Compared to ADA:
• Between March 2020 to July 2020, ADA moved in an impulse and had a 770% Price increase.
• Followed by a rounding bottom and another strong move up.
• If we compare ADA’s PA and extrapolate based on ADA’s PA, in eight months, Kaspa’s price could reach 2.65$
Conclusion:
• I hope we are all adults here. We don’t need to take these predictions with a pinch of salt, we need to take it with a shovelful of salt. But I have noticed that most people can easily believe that the worst things could occur to them and cannot imagine that success is also a possibility. KAS is looking good, technically and from a fundamental perspective. When the bull market arrives, reason leaves. Assets can have crazy valuations. Just look at Nvidia. Anyway, whatever will be will be.
• This is a long-term trade. It may take months or even years before my price target is achieved.
NFA.
Feedback will be appreciated.
Best wishes to all.
$KAS Kaspa short/medium termI am seeing this in Kaspa, looking to long around 0.015-0.020 as I still believe there is some retracement left after the massive price increase. Build base then continue upward
KASPA Will Going $0.01 Or $0.04 Go Find Out BelowHey guys, today i'm going analysis so much hyped coin called it Kaspa, let's begin.
1)First we clearly see we are on Downtrend, creating LL - LH on daily time frame.So this Downtrend momentum will continue and if we don't bounce from Midpoint $0.025 to upward, we will going see new LL $0.02
2)Kaspa created FallingWedge pattern and it is Bullish pattern, now Kaspa is testing Midpoint of Falling Wedge at $0.025, if its not hold Kaspa will going test Diagonal Support at this level $0.02, after that if we don't hold $0.02 zone, we probably going to previous Accumulation zone at $0.01 For Bullish sign - if Kaspa break $0.03 Resistance level, Kaspa will going touch $0.04 level.
3)So keep it mind price always will going back previous Accumulation zones and that will become best entry point for us.
4)Wen we can understand for coin already did their pick candle ? 1- Keep it mind price can't always going up, at some point holders will sell and take some profits. 2- So now days a lot of Exchanges listing Kaspa and some Youtubers calling Kaspa will going Top 10 in CoinMarketCap,wen we have all this hype, but price doesn't care about this news and keep falling, that's mean Kaspa already created their pick candle at $0.04 level and now time for take some profits, for not stuck in Downtrend.
Hope you guys this analysis will help you :) Best Regard odbash
Be Ready - 30% move on KASPAA symetrical triangle is forming on the 1h and 4h.
From my analysis KASPA doesnt care where BTC is moving or what the whole crypto market is doing.
For some reason it just doesnt follow the market which means if BTC dumps more we can still see a 30-35% move to the upside or 31% to the downside.
Watching it closely to see where its headed!
Time to SLURP Some KASKAS is going to DUMP HARD.
85x from listing everyone and their mother is dumping this thing.
