I was waiting to sell about 25 more ETH to accumulate ~1 million Kaspa if KAS/ETH hits ~0.000025 or lower; base on the orange measured move drawn and circled (at the bottom thick yellow support line).
However, it appears a bullish is starting to form on the FG{50/15} histogram, and the previous daily candle on the 7Feb2025 engulfs the previous red candle on the 6Feb2025.
If KAS/ETH is able to break above the golden pocket (dashed horizontal thick yellow line), and then subsequently breaks above the top of the narrowing wedge (defined by thin white lines), then it is likely for KAS to continue above the 50 Fib retrace level and to the top of the thick yellow long-term resistance level.
Note: Here the Fib levels were redrawn, as comparted to my earlier published analysis.
If KAS/ETH breaks below the golden pocket at the 65% retrace lvl, then opportunity to accumulate KAS from ETH at or below 0.000025 ETH per KAS will then become likely.
However, it appears a bullish is starting to form on the FG{50/15} histogram, and the previous daily candle on the 7Feb2025 engulfs the previous red candle on the 6Feb2025.
If KAS/ETH is able to break above the golden pocket (dashed horizontal thick yellow line), and then subsequently breaks above the top of the narrowing wedge (defined by thin white lines), then it is likely for KAS to continue above the 50 Fib retrace level and to the top of the thick yellow long-term resistance level.
Note: Here the Fib levels were redrawn, as comparted to my earlier published analysis.
If KAS/ETH breaks below the golden pocket at the 65% retrace lvl, then opportunity to accumulate KAS from ETH at or below 0.000025 ETH per KAS will then become likely.
註釋
Typo on the OP second paragraph: "..it appears a bullish divergence is starting..", missing word is in italics here.免責聲明
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