I'm excited to share a technical analysis of KAS/USDT, where the project Kaspa introduces a revolutionary blockDAG structure based on the GhostDAG/PHANTOM protocol. This innovative approach makes Kaspa the fastest and most scalable instant confirmation transaction layer built on a proof-of-work engine.
Key Project Information:
Coin: KAS/USDT
Project: Kaspa, employing the GhostDAG/PHANTOM protocol
Structure: BlockDAG, a groundbreaking ledger structure
Consensus: Scalable generalization of Nakamoto Consensus
Technical Analysis:
As illustrated in the chart below:
Monthly Open Price: $0.1280
Weekly Open Price: $0.1060
Monday Highest Price: $0.1090
Monday Low Price: $0.095 (a significant level triggering a market response)
Trade Plan:
Buy Levels: $0.11300 and $0.11900
Stop Area: $0.10, up to Monday's low at $0.095
First Target: $0.13700 (20% potential gain)
Second Main Target: $0.18500 (60% potential gain)
The trend is expected to turn bullish upon breaking the $0.1200 level, paving the way for further upside potential.
Remember, this is not trading advice but an analysis for your consideration. Enjoy the run, stay safe, and may everyone reap profitable rewards.
Key Project Information:
Coin: KAS/USDT
Project: Kaspa, employing the GhostDAG/PHANTOM protocol
Structure: BlockDAG, a groundbreaking ledger structure
Consensus: Scalable generalization of Nakamoto Consensus
Technical Analysis:
As illustrated in the chart below:
Monthly Open Price: $0.1280
Weekly Open Price: $0.1060
Monday Highest Price: $0.1090
Monday Low Price: $0.095 (a significant level triggering a market response)
Trade Plan:
Buy Levels: $0.11300 and $0.11900
Stop Area: $0.10, up to Monday's low at $0.095
First Target: $0.13700 (20% potential gain)
Second Main Target: $0.18500 (60% potential gain)
The trend is expected to turn bullish upon breaking the $0.1200 level, paving the way for further upside potential.
Remember, this is not trading advice but an analysis for your consideration. Enjoy the run, stay safe, and may everyone reap profitable rewards.
Trade active
Trade closed: target reached:
Tp 1 Reached. 20% profit.
Trade closed: target reached:
Target 2 Reached. Profit 60%. Nice Trade.