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KSMUSDT

KSM/USDT Is About To Launch Its Rocket 🚀🚀🚀📈 KSM/USDT | Potential Upward Movement 💡 Buy Limit Order @ 204.87 🎯 Target Profit 232.81 🛑 Stop Loss 195.56 ❌ Do not risk more than 1% of your account on each trade Description: The coin is bouncing inside a bullish flag above the daily support (203.82 USDT). A lower correction could be seen before breaking the pattern to the upside and then we will see an impulsive wave all the way up toward the target profit. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
Kusama $KSM Possible Scenarios - 1DThere are 2 possible scenarios for Kusama ($KSM) that could play out: 1) KSM has formed a Head and Shoulders pattern on the daily timeframe. A confirmation of this would be a breakdown below the neckline level of ~$290. This would mean KSM would slump further. Note: The head and shoulders pattern on the OBV has already played out. 2) KSM could find support around the current level of ~$300. This, coupled with a reversal and a break of the OBV S/R level of ~3.25M could propel KSM to its former highs of ~$530 based on past patterns beginning in early March 2021. If this happens, price is expected to move according to the yellow squiggly line. This may give a possible return of 60%+. Please note that this is not financial advice but merely an idea. Twitter: @TraderLH
by LuqH
KSM 1D We see increased interest, where is it worth buying?The Kusama project was created to test other projects before launching on the Polkadot blockchain A good period in the crypto market allowed the price of KSMUSDT to grow from $25 to $625 in just six months. In the May fall, the price of KSMUSD fell by -75% from the maximum, which hurts. But a positive fact is that the KSM token was bought up at large volumes, and now trading is taking place at increased volumes - this is a sign of interest. Now watch out for critical levels: It will be possible to think about updating the maximum if the price of KSMUSDT can gain a foothold above $470 At the bottom, the levels are important: $300 and $195 , it is from them that you can try to gain long-term long positions. If buyers' interest disappears, and the price of KSM drops below $195 , then the fall in the value of KSMUSD may continue to the zone of $80-120 , where in January there was a trade before the growth _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
57
KSM: Bullish Descending Wedge + 4H Hidden Bullish Divergence KSM has formed a bullish descending wedge structure that should begin to consolidate sideways and then breakout to the upside considering we are above the 0.5 Fib Retracement line which is where you look for bullish chart patterns for a continuation of previous trend which is up. The other noteworthy chart pattern a trader should look for is Hidden Bullish Divergence - which we have found on the 4H chart. Also - something positive to see is that a previous descending wedge with Hidden Bullish Divergence occurred in February which had a consolidation period before breaking up near 70% of the pattern completion which we are at now in the current descending wedge pattern.
KLong
by ich1baN
8
BTC: Bullish 4H Hammer Candle / Fake breakdown due to DowBTC is currently in a small selloff intraday due to the correlation to the Dow which will subside as market makers in the dow are trying to figure out how to handle the long call option gamma on individual stock issues. This will likely subside as intraday DOW was down 400 pts and is now down only 280. Expect the bullish hammer candle on the previous 4H candle to proceed with bullish influence in the current and next few 4H candles. This is a time to pick up your favorite alts at a major discount - here are two (twins of each other so really one in the same) I think you should pick up at a discount - KSM and DOT : My thematic thinking on why you should SERIOUSLY consider selling (at least some) of your Layer 2 scaling solutions cryptos like MATIC and buy DOT / KSM - I know I'm going to get a lot hate here but I will take a position b/c I have conviction here built over time. Projects like DOT and KSM (and even ADA and LINK) I favor a lot more than MATIC. MATIC fails one of the fundamental major tests of crypto. There are 3 1) Scalability 2) Decentralization 3) Security -MATIC chose 1 an 3 to start just like $EOS. Most cryptos choose 2 and 3 when they launch like $ETH, $DOT , $KSM , $ADA, etc -Once you start it's nearly impossible to become decentralized as EOS has shown even though they raised $5 billion. -In the end my thematic view could be wrong though b/c maybe the market won't care that it isn't decentralized like BNB but I think in the longer run this will matter a lot when tokens are priced on all 3 pillars. -Project like $DOT $KSM $LINK and ADA will be around forever... MATIC will be obsolete when $ADA and $DOT and $KSM are scaled for speed. $DOT / $KSM can do 100k TPS with parachains which are literally launching now - it's honestly really revolutionary technology! -ADA won't be quite as fast as DOT/KSM but it has a big network of adoption and will continue to grow ... we will live in a world likely where DOT/KSM and ADA will be much bigger than BNB and even ETH in <1 year b/c ETH will be limited by its speed issues which can only be scaled... -With layer 2 solutions - hence why both Charles and Gavin Wood left Ethereum to make their own blockchains. It's honestly amazing how $DOT/KSM are not receiving nearly the same attention as ETH or even ADA at this point in time as Parachains will have 100K TPS scaled to 1M TPS!!!!! Click the Link below to see where I project KSM to be priced at by end of cycle (supported by data) $6,400!
BITSTAMP:BTCUSDLong
by ich1baN
6
KSM: Bullish Descending Wedge PT1 $540KSM is in a bullish descending wedge structure on multiple timeframes and a breakout if it is to occur - which I have high confidence in considering BTC printed a 5D DragonFly Doji candle on June 10th and should last with bullish momentum for the next 3-6 5D candles. The first target is the top of the wedge structure at $540. From here we will have to revisit our assumptions and re-evaluate BTC. The Fibonacci Timezone suggests that June 20th is a key date and could be when we see the PT1 hit for KSM. At current prices this trade offer 46% upside in a matter of days if target is met. There is also Hidden Bullish Divergence on daily TF still - price made a higher low and RSI made a lower low.
KRAKEN:KSMUSDLong
by ich1baN
KSM: Extremely Strong Buy Zone As long as BTC doesn't dump hard here KSM is in an excellent position if you haven't bought in yet or if you want to add to your positions... this is imho one of the more wildly undervalued projects in the entire crypto space along with PolkaDot (DOT). KSM and DOT are essentially the same except KSM is 4x faster (and has 1/10th of the supply) in its relay chain speed but both will scale to 100k TPS with parachains (launching literally now) and eventually up to Gavin Wood's theoretical limit of 1M TPS all without layering solutions. KSM is the EXTRA entrepreneurial version of DOT. Strong Buy Zone Buying b/w here $390 and $375 is a VERY safe long if you're going to swing trade this but even better if you're going to HODL for the long-term. The orange lines drawn are two zones that KSM previously visited in a consolidation period that lasted 1-2 days before rocketing higher. Expect a very similar move as the market mispricing in the fundamentals of KSM and DOT combined - there are some large players accumulating KSM and DOT as can be seen on the daily volume and 4H charts since the selloff in May began. I'd pepper your buy orders with limits b/w these 2 zones and even buy some spot here as it may not reach my lower targets over next 1-2 days. Remember anything can happen - DYOR!
BINANCE:KSMUSDLong
by ich1baN
7