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CSPRUSDT trade ideas

CSPRUSDT Hit the 1D MA200 for the first time since April 01!*** *** For this particular analysis on Casper we are using the CSPRUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where CSPR hit today its 1D MA200 (orange trend-line) for the first time since April 01 2022. That hit resulted in a massive rejection for the token back towards the 1D MA50 (blue trend-line) and even lower on a 2 month horizon. As a result this is a critical point for buyers. A 1D candle close above the 1D MA200 can potentially reverse the long-term bearish trend and immediately target the next Fibonacci retracement levels: 0.382 and 0.5 until it tests the 1W MA50 (red trend-line). Failure to close above the 1D MA200 can result in a pull-back towards the 1D MA50 (as in April), which is near the bottom of the medium-term Channel Up pattern anyway. Notice at this point the RSI formation on the 1D time-frame. In contrast to the previous two breaks above the 70.000 RSI mark which formed Lower Highs and rejected the uptrend, the current one is about to close on Higher Highs. That could be an early indication of an upcoming bullish break-out. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
CSPR died in January 2021, like RchainHyperinflation during bear market - same marketcap as we had in 20c in August 2021 The team has bad image - team scolding people in Telegram (already deleted), I have screenshot in case people say I am lying Not listed on any major exchange since listing - hyped up Binance, never came Still no use case Slow chain, slow finality - eth2 coming so completely useless Same team as RChain was also Casper fork - utterly failed There is heavy selling pressure from validator - in entire bull market it did 10% up maybe then full retrace. I saw it going up by 10-30% many times during autumn 2021, all to retrace. Casperpad was also a scam - but good enough for final double top
Short
by Heartskull
3
CSPR died in January 2021, like RchainAh, CSPR, I put 2.2k at 0.0592, it pumped to 0.21, I didn't take profit - liquidated on way down Hyperinflation during bear market - same marketcap as we had in 20c in August 2021 The team has bad image - team scolding people in Telegram (already deleted), I have screenshot in case people say I am lying Not listed on any major exchange since listing - hyped up Binance, never came Still no use case Slow chain, slow finality - eth2 coming so completely useless Same team as RChain was also Casper fork - utterly failed There is heavy selling pressure from validator - in entire bull market it did 10% up maybe then full retrace. I saw it going up by 10-30% many times during autumn 2021, all to retrace. Casperpad was also a scam - but good enough for final double top.
Short
by Heartskull
$CSPR Wyckoff Accumulation Schematic *UPDATE*This is an update of the previous post for the $CSPR chart for the Wyckoff Accumulation Schematic idea. I just moved the schematic to the right, threw in some fib extensions for a better or more fixed view of the possibility of this going into fruition. I used the All Time High (1.36) reported from CoinMarketCap on May 12, 2021 to extend the Fib levels to the All Time Low marked today (June 13, 2022) (for now). You can google search Wyckoff Accumulation and look at the images and compare the schematic posted on this chart and see what I'm referring to as an idea. Also giving credit where credit is due, this idea was first introduced to me by watching @Kevin Cages videos on YT and on Twitter.
by gvaz_
4
CASPER £40 ($50) 2-8 YEARS - Casper Network..... What is it? Casper is the first live proof-of-stake, blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale. - Casper's Marker Cap: £151,461,181 (01.06.2022) - Casper price today: £0.029 - £40 DIVIDED BY £0.029 = 1,379 - Lets just say Casper does a 450X from its all time low.... £151,461,181 X 450 = £68,157,531,450 (£13 per Casper Token) - NOT FINANCIAL ADVICE - DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOUR WILLING TO LOSE! (DCA)
Long
by ALTCOIN_BEAST
7
CSPR Wyckoff Accumulation SchematicI've been looking at CSPR possible Wyckoff Accumulation Schematic (WAS) idea that has been thrown around (mostly by Kevin Cage) and tried to adjust the chart to a weekly pattern and I have gone this far. I believe if it plays out exactly as the schematic shown (anywhere in google actually), it should look like this. If this is completely invalid, I would understand also and believe the pattern drawn can be adjusted to the candlesticks already present (like an overlay) and it would also probably adjust itself to the WAS.
by gvaz_
3