KASPA $KAS, potential level to start DCAing again.

2023年9月3日

Bought back a little into KAS at $0.0325, around the first (green arrow) measured move target.

Higher low and higher high established on the 4hrly, and bullish divergence on the MACRS, with the 50/15 FG indicator histogram turning green again. Will DCA more if candle closes above the green 50 SMA on the 4 hrly.

However, note that the Ichicloud remains bearish, exerting resistance for the current price from recovering toward the 38.2% Fib level.

Expect KAS to fall to ca. $0.027 though if price falls below $0.0309, towards where the 2nd measured move (orange arrow) target lies.

2023年9月3日

ノート

Fundamentals wise, bullish on KAS in the far longer term (read the whitepaper), hence will be holding on to my very gradual re-entries from here on out -- DCA-accumulating at below $0.036.

On top of DCAing, I am also setting up significant buy orders at between $0.0285 and down to $0.0195.

2023年9月6日

ノート

Hourly bullish divergence playing out. Measured move target (of the "w"-pattern above the 38.2% Fib level as indicated by the orange arrow.

2023年9月7日

ノート

4hrly Chart:


BTC need to find support above the 200 orange SMA.

2023年9月7日

ノート

Thick orange line = 200 SMA
Thin orange line = 200 VWMA

2023年9月8日

ノート

Short-term measured move down to the 61.8% level..

2023年9月8日

ノート

Daily Chart Update:

2023年9月8日

ノート

Now, comparing the 4hrly chart below with the hourly chart above:

Interesting!

2023年9月8日

ノート

Need to pierce the green 50 SMA on the daily, and the orange 200 SMA on the 4hrly, to confirm continuation of the bullish trend.

2023年9月10日

ノート

Confirmed support above the red 21 EMA and piercing above thick orange 200 SMA and the thin orange 200 VWMA on the 4hrly.

2023年9月10日

ノート

Bullish signal on the daily MACRS oscillator.
Next, need to pierce and find support on the daily green 50 SMA, to confirm bullish continuation.