Hello my dear trader, this is going to be an epic SHORT... No more shakeouts possible, Kaspa peaked.
Let's start with the weekly timeframe chart:
➖ The current session shows a very long upper wick and an even bigger full red body; this is an extremely bearish candle and this session closes in less than 9 hours. A low price close confirms the top being in and thus the start of a major, major correction.
➖ On top of this weekly candle, we also have a rising wedge pattern breaking bearish supported by high volume. This 3D session will close with the highest trading volume since November 2023; bearish confirmation.
This is a friendly reminder... Thanks a lot for your support. You are truly appreciated.
I hope you find this information useful and this post timely.