It's official:
The Nasdaq 100 is in a bear market following a -6% drop today, the largest drop since March 2020.
US stocks have now erased a massive -$11 TRILLION since February 19th with recession odds ABOVE 60%.
What does it all mean? Let us explain.
(a thread)
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$KAS did see an initial move up to .165 before that pullback to the .146 during the weekend.
This however still remains true as we are now gradually moving upwards and showing strength. Will this week be the week we rally and break the .18 and eventually .2?
$KAS pullback over? Strong reaction from retest areas, long-term trendline (July highs) and 200 MA on the 1D (w/ bullish cross imminent). Target of this move is around the .27 area
Last level of opportunity before the run to .2! #NFA
$KAS pullback over? Strong reaction from retest areas, long-term trendline (July highs) and 200 MA on the 1D (w/ bullish cross imminent). Target of this move is around the .27 area
Last level of opportunity before the run to .2! #NFA
$KAS 50/200 MA on 1D currently forming. There could be a bit more of the current pullback but once we start moving up, and break .17, its basically clear skies to .2. Very bullish for this week
Short term high volatility for $KAS on @krakenfx listing. Prepare for all scenarios. Can be a sell-the-news event but can also be the rocket we need to lift us to all time highs
PA right now is great! Expecting a healthy pullback anytime soon though as we're a bit heated. #NFA
@krakenpro@KaspaCurrency Thanks @krakenfx! More people exposed to $KAS will be great for the entire crypto community long term. After all, TRUE financial freedom is why most of us are here right?!
Your move @binance@coinbase
Short term high volatility for $KAS on @krakenfx listing. Prepare for all scenarios. Can be a sell-the-news event but can also be the rocket we need to lift us to all time highs
PA right now is great! Expecting a healthy pullback anytime soon though as we're a bit heated. #NFA
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