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Kusama

KSM: utility and governance goldKUSAMA KSM, the official test net of Polkadot is one of the most fundamentally strong projects in crypto. (research why yourself) With the launch of their parachains and full testnet we basically see a roll out of Polkadot v1.0 with numerous clients and partners. Although it is a testnet; it does offer the full Polkadot feature set and is the first one to launch innovations... LONG TERM The governance / utility token KSM is an amazing scarce asset with great token economics (most of them released) and is still undervalued in marketcap. By the end of the year I expect Kusama to be between a 15 and 20bn marketcap, but even more is possible depending on adoption. Long term KSM tokens will be like governance gold and I expect Polkadot and Kusama to play a major role in Web 3.0, Defi and intra-chain connectivity. I definitely see KSM and DOT both respectively push projects like ADA, THETA , DOGE, BCH, LUNA and LTC from the top spots. TOKEN ECONOMICS Market Cap: $4,155,693,549 24 Hour Trading Vol: $548,112,535 24h Low / 24h High: $413.74 / $501.87 Circulating Supply: 8,980,098 / 10,000,000 Fully Diluted Valuation: $4,627,670,561 Max Supply: 10,000,000 MID / SHORT TERM In the mid / short term we can see more growth for KSM and I see Kusama outperfom BTC, ETH and other major alts for the next 4 to 6 weeks - with a price target of 600$ (+30%) in that same time.
Long
by cryptobullethbtcxlm
2
KSM// Ascending ChannelKSM has been in this ascending channel for the past month, and is arguably one of the relatively less correlated tokens in response to previous BTC drops. KSM has also been very popular among the Crypto community. I believe its apart of the Polkadot Ecosystem, dyor. From a technical standpoint this would be a great time to re-enter or add positions. Price had a strong bullish impulse and high volume candles rejecting the bottom of the trend-line. Reasons not to enter...yet: 1. In previous TL touches, price has tested the area multiple times before appreciating. 2. Looking at my previously drawn Fibs from the start of the month, Price is between -27 and -61%, a safe area to enter would be after a strong close above and support above -61%. While it may cut potential profits...preservation of capital to trade another day. 3.We had a series of strong bearish high volume candles. Many short term buyers are probably thinking of taking profit. Let me hear your thoughts, previous Kusama analysis linked.
Long
by N0ST0PL0SS
4
KUSAMA - Chart says 'Good to Buy again!'Hi everyone, Last month we had presented Kusama as one of our picks and we did well. Price has now corrected and technically looks like a good new entry price. Fundamentally you can read about Kusama here , it is Polkadot's Canary Network and given that Polkadot has a limited number of projects/tokens that it can take under it's roof, Kusama will be taking the rest. Tokens will need to bid to get one of Polkadot's spots- that's a clever idea inspired by the Theory of games and the Kusama game is a game I would like to play again today! One Love, the FXPROFESSOR
KRAKEN:KSMUSDLong
by FX_Professor
3
KUSAMA FLYING OFF KUSAMA I am really really bullish on this project. To me this will outperform most of the other projects during this bullrun. Growth is natural and demand will only increase with the Parachain slot auction. Teams can create a #crowdloan campaign for a parachain slot to attract external $KSM holders to lock up $KSM for the project’s auction bid. Rewards for the supporters of the bidding project may be the project token, or may be other incentives besides tokens. The Dot ecosystem is planning to lease up to 100 parachains. Watch Kusama fly and DOT follow up next. Is it still late to get in, not yet, but this may be our last chance for someone looking for a safe 2x. - I’ve set some buy orders at 400$ - 390$ and 380 $. Hopefully we could get down there and wish some early investor take some EARLY profits (which shouldn’t happen now imo) I am personally holding this one until scarcity is reflected on price. Which would be around TP3 = 930$ (APPROX) The canary is flying up to the moon. Cheers
Long
by OobCast
3
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.
Long
by Skyrexio
7
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! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
by cryptotraderog
🆓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"
by CryptoStation
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. 🙏
Long
by luizhcruz
6
💡 It's a great buy opportunity in KSMBTC @kusamanetworTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00361). If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . KSMBTC is in an uptrend and it is expected to continue the trend. . The RSI is above the uptrend at 68.70. Take Profits: TP1= @ 0.00461 TP2= @ 0.00500 TP3= @ 0.00530 TP4= @ 0.00570 TP5= @ 0.00615 TP6= @ 0.00690 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 trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
19