Despite Kusama doubling its price in the last 6 weeks I believe it to be just the beginning. Its market cap is still relatively small in comparison to its "parent blockhachain" - Polkadot. Here were formed pretty neat ascending triangle and bounced off of the the well established support trend line. Though still can be a potential double top so be careful - all the eyes are on Bitcoin now. I would be very careful with any longs nowadays until you are looking for long term holds. I would certainly consider KSM to be a part of my long term portfolio.
Note
The support has been broken. Let's see where we will go from this point.
Trade closed manually
Exited the trade simply because now we definitely don't have a symmetrical triangle which we were entering in the very beginning. Even worse - looks like a double top has been formed.
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