$KAS Kaspa is testing the top of the support zone between $0.0289 and $0.0354, while the overall market is in a correction. The advance from the August low was a 5-wave diagonal and could be wave 1 as a leading diagonal, with the current pullback as wave 2 of a 1-2 setup. It could equally be an ABC; the reaction to the support zone will probably tell them apart, with $0.032 as the next support inside it.
More Crypto OnlineShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.