KSM
KSM Daily Head & Shoulders Possible idea on the daily, testing neckline as of today. The lower yellow horizontal trend-line was a relevant liquidity grab in 2020 would be a great opportunity to retest but is not necessary. Gray line is my conservative Target based also on a 2020 level on the daily chart. Green are additional order block considerations.
What is Kusama or KSM?So what exactly is KSM? As an analyst I really have no idea as the chart is final culmination of the opinions of buyers and sellers. If people want to feverishly buy and drive prices up of a pet rock they can. Kusama may be a solid project and may have excellent fundamentals but honestly we are not here for the tech and as a reader if you are intellectually honest you are here for the price appreciation not the tech.
If we are honest about it block chain ledgers including btc work just as good at $69.00 a unit as they do at HKEX:69 ,000.00 a unit and unreal evaluations simply wont last forever.
With that said here we are looking simply at the assets price chart. Its is final end all of of all buyer and seller decisions.
This chart is a daily line chart measuring equalites to past price appreciation. Each point an angle line meets the outer edge of the circle marks a significant price level and point in the buying and selling cycle based off of past data. These price levels and time cycles may or may not occur at the same time they are the product of past averages.
Trade accordingly.
We are currently dollar cost averaging into several assest as we have already had a massive down trend, massive recovery rally, and now braking down. Typically in this situation we see a macro lower high and then the realy run.
BUY IN THE RED WHEN RISK IS LOW SELL IN THE GREEN WHEN RISK IS HIGH
KSM UPDATE (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KSM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Kusama (KSM) forming a bullish BAT for another bullish reversalHi dear friends, hope you are well and welcome to the new trade setup of Kusama (KSM) coin with Bitcoin pair.
Previously I shared a long-term trade setup for KSM, which is still in play:
Now on a 4-hr time frame, KSM is about to complete a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Karura $KAR Broke out from bearish trend. I expect an excellent new cycle for Karura coin. Great team and technology.
Manage your risks and take profit along the way. Target is on chart.
KSMUSDTKSM felt the Fed's decision to raise interest rates by 0.25% yesterday and hit 31.78, and quickly recovered, and is even on the verge of breaking the bearish channel.
At the moment, it is in the Upper of the VWAP and can pull back to the VWAP at 33.43.
Key levels to watch today are found at 31.78 which was yesterday's low and high at 37.99.
Trading Volume: Sustained selling volume over the past week has seen Kusama make lower lows, forming this bearish trough that should be broken later today.
RSI: The RSI IN 1H is quickly approaching the buying area, which means that there may be a cooling of the buying forces.
Main support levels: 33.43 / 32.59
Main Resistance Levels: 34.28 / 34.74
The bias for KSM is HIGH.
Kusama (KSMUSDT) has good growth potential to values of $65.00Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000.
Altcoins currently have good entry points for a mini alt season.
I have selected coins that are interesting to buy in this mini alt season and that have potential for growth.
— The coin KSM is a buy point at $39.00
— The zone KSM for profit-taking is $65.00
KSMUSDT 6HKSMUSDT 6H
Keep investigating your price fairness band, right now in the formation of wave 1 of Elliot. It is possible that this wave 1, it can reach the alvo of wave 3, which is at 50 (daily it is on wave 3)
A very high-octane altcoin, KUSAMA is a zero-layer blockchain that allows the creation of any blockchain with any type of consensus
We follow the supports and resistances no 6H:
Main support levels: 41.86 / 37.54
Main Stamina Levels: 46.44 / 49.81
MACD : Optimistic
RSI : Exhaustion of buying forces
EMAs: Optimistic
$KSM/#BTC [#Kusama]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $KSM / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.001598 | 0.001731 | 0.001944 and the major support zones are respectively at 0.001385 | 0.001305 | 0.001092. It is a bullish indication and we may consider entering at the current price zone at 0.001782 and targetting higher levels.
◰◲ Technical Metrics :
▣ Current price: 0.001782 ₿
▣ 24H Volume: 43.975 ₿
▣ 24H Price change: 7.349%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.001598 | 0.001731 | 0.001944
◢ Support: 0.001385 | 0.001305 | 0.001092
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.50 - Bullish
▣ Reddit sentiment score is 0.32 - Bearish
▣ In-depth KSMBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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#KSMETH - Breakout of Significant ChannelWe've seen a strong move upward with many coins in the last 48 hours or so, causing many Shorts to liquidate out of the market, but this gives us an opportunity to reach new heights!
Assuming this upward move is the breakout it looks to be, we've got a really healthy gap between current price and the next few levels of resistance within #KUSAMA - 15% to first resistance, then 30%, followed by a massive 50%!
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster should not be considered as professional financial advice ✌️
KSM/USDT. 💰 #KSM/USDT Daily Timeframe
🐃Bullish structure on Kusama:
- Breakout of the Double Bottom on Daily
- Bullish Flag below the resistance confluence of 37.70 Supply Zone + Descending Resistance
One thing we need to do now is to break through the mentioned resistance conflunce☝️ Full Send if we do so ✈️
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
$Neer next move! $Nuum. $dot $ksmAs I mentioned before (NEER successfully won a parachain crowadloan by Kusama and marked a record high of participants.. I expect this project to do very well in the short and long run.)
(Circulating Supply: 22.6M)
(Mcap: 5-6 M)
Team is delevering and working on more deliverables according to the plan, they are also working on $nuum which is somthing you need to look up if you are interested in this project. #Bitcounty #Pionner are doing well.
Technical part:
It looks like it is forming a giant Adam and Eve pattern. I think it is worth looking at.
Good luck.