The final phase of bearish movement in the way.As the new analystic signs, we estimate the actuel price movement is just a corection and after seeing again about 109 usdt, the final phase of bearish movement will be finished. For that we don't have enough information if you want, buy order with about 5% TP and then a sell order with about 10% or more is reasonable. BINANCE:KSMUSDT
KSM
KSM/USDT - Short term HS w/ in Ascending Channel- Bounce for Up!Hello Traders,
We are seeing an ascending channel formed on the uptrend.
I believe we will see a Head & Shoulders pattern formed within this channel for a small pullback before breaking the channel to go up. We are currently in price discovery and I'm not seeing any reason for a slow down. This is always fun, bc if you buy right you can just trail your SL or TTP and ride the price up. But it's always smart to have Take Profits set to control what you're keeping along the way.
When we get this pullback, I'm looking for a bounce off of the EMA 26. Short term, targeting the FIB 1.62.
Mid-term, I'm going to be targeting $120 +/-
Good luck!
💡 Don't miss the great buy opportunity in KSM/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. KSM/Bitcoin KSMBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00253
TP2= @ 0.00342
TP3= @ 0.00433
TP4= @ 0.00527
TP5= @ 0.00620
SL= Break below S2
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💡 Don't miss the great buy opportunity in KSM/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.002). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. KSM/Bitcoin KSMBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00258
TP2= @ 0.00342
TP3= @ 0.00433
TP4= @ 0.00527
TP5= @ 0.00620
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BEAM - A colorful chart with lines tells us: Bullish DivergenceBEAM, a Polkadot Ecosystem Coin that will be well used going forward, has hit a low for a 2nd time, and I believe will not retrace down a 3rd. If it does, we will have a lot of consolidation and a triple bottom, and we should shoot up faster.
This coin will become more popular in the coming months, as Polkadot starts to announce its Parachain Auctions, calling attention to what exactly each coin does.
Moonbeam is behind a lot of what Polkadot hopes to accomplish with its multichain features. Beam is one of those features. The popular Polkastarter was just deployed with BEAM.
Buy before this date: Q2 2021 - Launch on Polkadot MainNet
***Side note on a coin deployed to same network as BEAM*** KUSAMA is required (buy it) to be selected for Parachain Auctions. The projects must first deploy their coin to the Kusama Network to test and get the bugs out, which is a requirement from Polkadot. This Kusama will be undervalued until the public finally understands what exactly it does.***
KSM possible entryPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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KSM has fallen the past week due to uncertainty in the market. As Bitcoin price drops today we see altcoins following, however we also notice several which are holding up quite nicely in comparison.
RSI is almost in the oversold region. Last two times it was here, we saw a very nice run up. During both those times price was trading below the 50 & 200 EMA. Today we're still above the 200 EMA, which is a bullish sign.
What do I expect to happen?
Either we get a bounce here on the .382 FIB level, or we fall further down towards either the 200 EMA or the golden pocket.
Entry points: 2515 - 2400 - 2300
SL: 2199
TP: 3000 - 3500 - 4299
$KSM, Making HH since October & now ATH reaching 60$$KSM
Making HH since October & now ATH reaching 60$ (60%+ since mid November)
Not in this trade or asset but willing to see how evolves from here
As price enters discovery, aiming for Fib levels could be a guide to where to find resistances (make sure to lock profits tho!)
#KSM
KSM / BTC trade signal (risky)KSM / BTC
Buy partially not once 👇
2760-2750 sat current price (20%)
2650 sat (30%)
2500 sat(50%)
Stoploss daily candel close below 2500 sat
Targets
2860 sat
2990 sat
3400 sat
4000+ sat (long term)
Risky because btc on move
But if you buy partially the risk will be very small
KSM / BTC nice jump after breakout the channelKSM / BTC
🌟 Techincal Analysis🌟
After breakout the decending channel
Ksm retested it and did nice jump today
The next resistance on chart
If it hold above the channel
Expecting it reach resistance area soon
This is not financial advice
You should have a plan before trading
Never trade blindly and use stoploss
Good luck and happy trading 🌹