Kaspa - daily chart: The ascending triangle is getting clearer.
The chart suggests a bullish structure with the formation of an ascending triangle. At the bottom of the chart it shows a stochastic oscillator that is currently at low levels (circled in orange), suggesting that the asset may be oversold and reinforcing the upward movement. If the price manages to break the resistance at 0.198027 USDT, it is We are likely to see a continuation of the uptrend.
On the other hand, the loss of the ascending trendline could signal a possible reversal.
NextSupports: 0.1486 / 0.1351
Next Resistances: 0.1767 / 0.1934
The chart suggests a bullish structure with the formation of an ascending triangle. At the bottom of the chart it shows a stochastic oscillator that is currently at low levels (circled in orange), suggesting that the asset may be oversold and reinforcing the upward movement. If the price manages to break the resistance at 0.198027 USDT, it is We are likely to see a continuation of the uptrend.
On the other hand, the loss of the ascending trendline could signal a possible reversal.
NextSupports: 0.1486 / 0.1351
Next Resistances: 0.1767 / 0.1934
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.