kaspa

Short timeframe hourly chart. Bull flag setup, waiting for potential breakout from golden pocket fib retracement range. Set stoploss below 65% fib retrace lvl, accounting for volatility. Hardly a crash, just a healthy retrace so far. Also, look at the series of bullish divergences that have formed again at the current level of correction.

Short timeframe hourly chart. Bull flag setup, waiting for potential breakout from golden pocket fib retracement range. Set stoploss below 65% fib retrace lvl, accounting for volatility. Hardly a crash, just a healthy retrace so far. Also, look at the series of bullish divergences that have formed again at the current level of correction.

https://www.tradingview.com/chart/KASUSD/lF7AlfEZ-Kaspa-Bull-Flag-waiting-for-the-next-leg-up/

Seeing the amount of extremely strong emotional negative posts everywhere (probably by those who had already sold the bottom) — with the hope that KAS would continue on a downward trend so as to minimize any sense of "regret" — KAS pumping hard instead would be extremely painful and would qualify as a "hated pump"; which is usually the perfect catalyst for an impending pump coming up. 

Furthermore it would be extremely unwise to short a chart with bullish divergence(s) showing up consecutively everytime its price heads slightly lower.