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KSMUSD

KSM triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Kusama broke down this triangle📐 and I think there is chance for run to 15 and even lower which would mean -33% loss of value from current price. Setting SELL LIMIT order to previous range low to catch🎣 the pullback. ENTRY : local low @ 24.00 STOPLOSS (SL) : local high @ 26.08 TARGET (TP) : height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 15.00 REWARD RISK RATIO (RRR) : 4.43 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Short
by bizmark
4
KSM-USDT - LONG FALLING WEDGE***What is the Falling Wedge? .................................. The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend. This article explains the structure of a falling wedge formation, its importance as well as technical approach to trading this pattern. Where Does the Falling Wedge Occur? The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pull back, two converging trend lines are drawn. The consolidation part ends when the price action bursts through the upper trend line, or wedge’s resistance. One of the key features of the falling wedge pattern is the volume, which decreases as the channel converges. Following the consolidation of the energy within the channel, the buyers are able to shift the balance to their advantage and launch the price action higher. there are three key characteristics of a falling wedge pattern: 1- The price action temporarily trades in a downtrend (the lower highs and lower lows); 2- There are two trend lines (the upper and lower) that are converging; 3- There is a decrease in volume as the channel progresses. The first two elements are mandatory features of falling wedge, while the occurrence of the decreasing volume is very helpful as it adds additional legitimacy and validity to the pattern. It may take you some time to identify a falling wedge that fulfills all three elements. *** What the Falling Wedge Tells Us? ...................................... The falling wedge pattern is a technical formation that signals the end of the consolidation phase that facilitated a pull back lower. As outlined earlier, falling wedges can be both a reversal and continuation pattern. In essence, both continuation and reversal scenarios are inherently bullish. As such, the falling wedge can be explained as the “calm before the storm”. The consolidation phase is used by the buyers to regroup and attract new buying interest, which will be used to defeat the bears and push the price action further higher. Hence, a falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place. ***Trading the Falling Wedge? ...................................... Paying attention to volume figures is really important at this stage. The continuous trend of a decreasing volume is significant as it tells us that the buyers, who are still in control despite the pull back, are not investing much resources yet A break of the wedge to the upside has to be confirmed by a daily close above the wedge, which is exactly what happens. At this point, you have two opportunities: 1- You enter a trade as soon as the close occurs 2- You wait for a potential pull back for the price action to retest the broken resistance. The first option is more safe as you have no guarantees whether the pull back will occur at all. On the other hand, the second option gives you an entry at a better price. In this case we will go for the option number one. A stop-loss order should be placed within the wedge, near the upper line. Any close within the territory of a wedge invalidates the pattern. Finally, you have to set your take profit order, which is calculated by measuring the distance between the two converging lines when the pattern is formed. This way we got the green vertical line, which is then added to the point where the breakout occured. Thus, the other end of a trend line gives you the exact take-profit level. I will Post Trade When trade is active for me. *****GOOD-LUCK*****
Long
by Mahdicryptodotma-pro
Kusama AccumulateWhat Is Kusama (KSM)? - Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains. - By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.” - This is a long term trade, as we remain in bearmarket for now, KSM could enter a long consolidation corridor. - KSM can be staked in Kraken for 18% (and more exchanges) or Onchain via Polkadot.JS - Total Supply for Kusama is Total 9,651,217 so his price is far under valuated. - When you see BB is thinner and thinner a potential move is about to start. - Remember that all altcoins follow TheKing so if BTC don't move, they won't move. - i will post my older KMS Chart in comments. ------------------------------------------------- Trading Parts ------------------------------------------------- Buy : 40$ ish ( Now ) Rebuy : 25$ ( Max Buy if we have a BTC wick ) ------------------------------------------------- Tp1 : 999$ Tp2 : 1499$ ------------------------------------------------- Happy Tr4Ding !
KRAKEN:KSMUSDLong
by thecryer
5
Kusama (KSM/USDT) Climbing Correctively... WATCH OUT!KSM has been channeling beautifully, unfortunately it appears to be doing it correctively. A pattern like this leans towards a higher probability of connecting to the downside, tread with caution. Two bearish divergences have printed for TP signals on the 4hr TF with the 1st one printing a hidden bull divergence thereafter signaling continuation to the upside. Ultimately our previous uptrend took place on a 4 day tf, and we ended that trend by moving into a 4 day correction on the last drop. This rally has taken us straight into bearish resistance zone on the TDI which should be presumed as a resistance standpoint. If we want to kick up higher, likely this channel will need to end and we'll set in a higher low, followed by a higher high, but currently the indicators don't fall in this direction just yet, we'll need more data to come in to see if we can shift the market sentiment in that direction. Since the previous lows have continuously been defended raised stops below them would be intelligent and alarms set to get notified when they break. As always, not financial advice. I noticed the corrective climbing pattern on KSM and wanted to share my outlook and warning. DO YOU SEE A MORE BULLISH SCENARIO THAN THE C LEG UP I'VE SHARED? SHARE YOUR OUTLOOK IN THE COMMENTS BELOW.
Short
by NewWave_Traders
9
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (62.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . KSMUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 69.5 TP2= @ 73.4 TP3= @ 78.7 TP4= @ 87.6 TP5= @ 104.7 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 / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (62.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . KSMUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 69.5 TP2= @ 73.4 TP3= @ 78.7 TP4= @ 87.6 TP5= @ 104.7 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 / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
KSM/USDT - Potential Short ScenarioHello Traders! KSM continues its downward movement. Currently, the price is testing the support level of $44.00. Closing under $44.00 will trigger a further continuation of the downfall. The result of such movement will be the price exit to $16.82 Medium-term purchases can be considered at $16.82 - $25.93. The targets for such purchases will be the price levels of $44.00 and $63.00 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:KSMUSDShort
by UnknownUnicorn10064030
1
#KSM/USDT 4HOUR UPDATE !Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends. I have tried my best to get the best possible results in this chart. Hello, dear traders welcome to this KSM/USDT 4Hour chart analysis. KSM/USDT LONG TRADE SETUP ENTRY:-$65,$67.5 TARGET:-40% STOPLOSS:-$62.4 LEVERAGE:-10X TO. 20X Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
KSM - Update of the previous short ideaAs we can see trendline was extended which makes our setup only better. Reasons to take short: ⭐️ BTC bearish ⭐️ Global market is bearish ⭐️ Global trend is bearish ⭐️ Trendline is seen on multiple timeframes ⭐️ 6th touch ⭐️ Trendline is 7 days old ⭐️ Bulls were trapped yesterday ⭐️ Under VWAP ⭐️ 34 ATR Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
KSM - Easiest short of my life <3Nearly perfect situation for short. Especially good is a boner-candle that killed a lot of shorts and trapped bulls. After longer accumualtion I will enter the position. Right now pullback is possible Reasons to take short: ⭐️ BTC bearish ⭐️ Global market is bearish ⭐️ Global trend is bearish ⭐️ Trendline is seen on multiple timeframes ⭐️ 4th touch ⭐️Bears got liquidated recently ⭐️ Under VWAP ⭐️55 ATR What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
2