Kaspa Bull Flag or moving towards a Golden Pocket?

11 Ara 2023

An observer with a bullish bias might see a bull flag in the current chart, but Kaspa seems tied to the market recently and heading downwards. The key psychological level of 10 cents can be seen in the chart structure as a potential downside target, but a .618-.786 fib retracement would indicate a possible value zone back within its long-term ascending channel.