Kusama (KSM) Is About to Explode!Hello, guys!
Let's talk about Kusama. Now it has a nice growth opportunity against BTC and USDT.
KSMUSDT ANALYSIS
We can see the huge bullish megafon pattern and now the price is about to bounce off it to the upside. The CPR level ($206) acted as an extremely strong support because the price bounced off it multiple times. Also let's notice the bullish hidden divergence with the price oscillator, as you already know it is an uptrend continuation pattern. According to this TA the price target now R1 pivot ($310). This analysis will be invalidated if the price go below the CPR level.
KSMBTC ANALYSIS
If we suppose the bull run continuation for the Bitcoin it is important to know if the KSM is going to over or underperform it.
Let's take a look at the chart below. The price KSMBTC is almost formed the descending triangle pattern with an extremely strong support at current price. During the global uptrend this pattern has a great probability to be broken to the upside. Also the price have the bullish regular divergence with the MFI, thus it is high probability of the local downtrend reverse to the uptrend.
The potential price target for KSMBTC is R1 pivot level, the analysis will be invalidated in case of triangle's breakout to the downside.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
KSMUSDT
KSMUSDT (KUSAMA) - BIG MOVE ANALYSIS 🔎
- KSMUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2, R3).
- Downtrend ⬇️: Horizontal support levels (S1, S2).
Kusama (KSMUSDT/KSMBTC) Potential Long Entry 2021/03/05Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $190 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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$KSM/USDT 2h (Binance Futures) Desending wedge breaking outKusama is looking bullish again after that break-out, let's enter here!
Current Price= 224.844
Buy Entry= 225.523 - 220.523
Take Profit= 241.768 | 273.560 | 299.970
Stop Loss= 207.968
Risk/Reward= 1:1.25 | 1:3.36 | 1:5.11
Expected Profit= +25.20% | +67.98% | +103.50%
Possible Loss= -20.25%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 10 days
🆓Kusama/USDT Analysis (28/2) #KSM $KSMThe selling pressure is dominated and very strong, so it may make KSM lose the 200$ support zone, and that would be a bearish sign
If KSM can stop the decline at this 200$ zone, we could see a recovery to 240$ zone, this would be the strongest resistance in this situation
📅NEWS
👉Mar 31 : Kusama Deployment
📈BUY
-Buy: 135-145$. SL if B
-Buy: 95-105$. SL if B
📉SELL
-Sell: 195-205$ if B. SL if A
♻️BACK-UP
-Buy: 195-205$ if A. SL if B
-Sell: 235-245$. SL if A
-Sell: 280-290$. SL if A
-Sell: 340-350$. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
KSMUSDT✅ KSMUSDT got on a rally and pumped up today. too many people might have got into it out of FOMO, but there are still some chances to profit. there might be a downtrend now that the price is pushing the resistance, but in my opinion, it'll get support around 245-260 and go back up again.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms. it might go down by a little and then get back up to a new high.
KUSAMA 4h walking upwards, as usual!Technical analysis regarding the price of KUSMANA in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price moving upward, within that bullish channel. It is respecting several levels of the Up Trend Line (we can even design a channel, with parallel lines)
RSI> 60 and gaining momentum, along with MACD with large buying mass driving the price up!
I believe that in the next scenarios we will have new highs in this very promising cryptography!
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
$KSM waiting for breakout and retest- waiting for breakout and retest of resistance
volume is great
Large market Caps ---> Mid Caps
- overall bullish on this one
expecting go a lot higher with coming news (release of parachain auctions, etc.)
may go parabolic (FOMO)
- supply 10 M
- Market Cap 2Bn
Disclaimer
I'm not a registered investment, legal or tax advisor or a broker/dealer. All investment/ financial opinions expressed by me are from the personal research and experience. Intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.
Do your Own Research
My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find there and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
KSMUSDTPrice trending since Febuary 15th with higher highs and a higher lows. Looks to be a good trade with price now retracing to the 50% fibb line of the B-C move with confluencw with the Febuary trendline, momentum begining to shift to the upside indicates potention price movement higher to the 127.2% fibb extension of the A-B-C move.
KSM Has lots of red volume and a sell signalToday the market has been experiencing a correction. We are still on the very beginning and then correction so there are a lot of short opportunities.
My most accurate buy and sell signals in the ichomoku cloud
Conversion line/Base Line = Short
Base Line/Conversion Line = Long
KSM/USD - Breakout to $160! 🚀KSM has broken out from this channel which is very bullish. I expect us to test $160 levels fairly soon! 🚀
The indicators on daily are looking great and MACD just had a positive cross with good volume, this is very bullish.
The next significant resistance is just above $160 which will likely stop us in our ascent for a while, but I don't expect it to keep us down long as the market is very bullish and KSM is a great coin with a lot of potential. I see us go to $400-$500 longer term.
Should we be rejected sharply at $160 we have good support at $120 as of right now.
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