KSMUSDT
KSMUSDT: Kusama and its DOT parachain auctionsI only add one note: the "you will need KSM if you want your place in the DOT ecosystem" was public weeks before the first set of auctions was announced. What else, the chart talks by itself.
I can figure it will grow for a while then a slow selloff will be coming. But remember KSM already proven a lot of times it can go up even while the rest of the market goes in the opposite direction.
NFA, DYOR.
(the first ballon has a typo, the first round included 5 auctions, as shown on the chart.)
KSM has a long long way to gowell well. we rarely see a golden cross on KSM on daily, guess when it happened last? this week only :)
KSM is an exception in Alt coins, it has limited supply and most of it is locked in parachains or in staking, So once it picks momentum, it is really hard to stop it!
If bitcoin is all good, i mean it doesnt decide to end this bull run, You can expect stable and long term gains from KSM, put it in staking and relax lol
Cheer 🥂
Your feedback or opinion is appreciated. Comment down :)
KSM USDT 1-DKSM / USDT : Mid Term Trade
Cruising through resistance at 300$
Any retrace back to 290 - 300$ is a buy in my opinion. Parachain auctions are again heating up and KSM will be at forefront
I had an earlier call on KSM as well around 210$, but i am no longer holding that bag as I sold it at 250-260$ earlier
Targets : 345$, 375$, 395$
KSMUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
KSMUSDT at H4 in the Ascending Channel has broken above the Symmetrical Triangle and also broken above the resistance. The large green candle indicates the Bullish move.
⬆️Buy now or Buy at 285.65
⭕️SL @ 263.56
✅TP1 @ 320.00
✅TP2 @ 330.00
✅TP3 @ 340.00
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KSM GRINDS ITS TEETH FOR A PARABOLIC MOVEKSM has broken and retested a crucial level only to confirm an upward move towards the next resistance zone which lies in the region of 340 - 360.
B Bands are expanding along with a cluster of support factors, i.e. EMA50 & EMA 100. The median line is acting as strong support now with all the bullish momentum that the price action showcases.
A golden cross is on the verge of passing between EMA 50 and EMA100. It is not always accompanied by bullish price action; however, recent developments of the price action suggest that this cross might boost KSM's chances of an uptrend.
The move to the next resistance could produce a 29% profit. Plus, trade at this point offers a decent R/R.
KSMIt came out of its oscillating channel
Broken dynamic resistance
Ichimoku cloud conditions will soon improve and a green cloud will form
From the previous analysis, it has reached 30% profit
By passing through its static resistance, it will reach the specified Target
In the case of Pulbek, the purchase range of the channel roof is broken
KSM - Trade SetupKSM followed BTC just like the other coins and just hit support a few hours ago.
There are two support areas holding the price up and one resistance in the local price zone pushing it down.
THe sell volumes are still there but if the market changes status to Neutral, we might see it consolidate in this price zone.
If the price manages to cross the resistance line, after the closure of the first 4H candle above it, you can open long positions and aim for that TP. but for now? just wait.
Current Market Price: $207
Good Luck
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KUSAMA- Out of Steam/ I am OutKusama was fun for while it lasted. Probably we could say the same for Polkadot and it's theory of games. I feel both Kusama and Polkadot will underperform versus both Ethereum and Cardano.
Was fun and profitable going in and out but right now I am out alltogether.
One Love,
the FXPROFESSOR