KSM/USD - Bullish Ascending Channel With Good SupportKSM/USDT 8H. Nice accumulation zone which may develop into some strong impulse candles to the upside. Good support + Fibonacci. If 'Trend Line A' holds this will further confirm the bullish ascending channel. I hold $KSM & looking to add more. Targets at $324 & $370.
Kusama
KSM Kusama -Japanese madness 🗾🗻🗾The Kusama network is Polkadot's experimental, community-focused R&D network. If you held the DOT indicator token at the time of the genesis block of Kusama, you are entitled to claim an equivalent amount of KSM on the Kusama network.
As stated on Google, 'Kusama is a scalable multi-chain network for radical innovation and early stage Polkadot deployments. Expect Chaos. No promises' .
With competition like this, Ethereum and CArdano will need to be on top of their games to win the race.
PS. They certainly do not luck in blockchain knowhow nor creativity 👈😹
Kusamaperp (Y21.P1.E1).Support confirmedHi All,
Double touch on the previous resistance is minimum for confirmation of support.
The fact that this is also associated with the DOT project gives it extra weight to go up.
Since its relatively new, it will be difficult to put targets but here I try from a bullish perspective.
All the best,
S.SAri
ref Avaxperp.chart
Kusama's a hidden gem !honestly, I am kind of sad to see that people are underestimating Kusama because they'll miss out on something amazing and that will make 'em lots of profits, this is the only
coin I always have a bag of, 'cuz I know one day ( when it'll be at 3-5k ) I will be glad to have them. Let me know what you think about long-term potential of KSM.
That aside, I hope you'll enjoy the chart I made, everything is explained in details on the TA !
Stay safe beautiful people! don't forget to leave me a suggestion for a future TA down in the comments if you want a TA of a specific asset :D
Polkadot correction is closing on the next rocket launch padEarly correction appears to accelerated the polkadot cycle pattern, I would expect to touch $12-13 range before exploding into the next cycle. If successful $DOT can become the best token to trade in 2021 and overtake $USDT by market cap
There is currently no other token without the psychological ballast from the last bull cycle, by extrapolating previous bull cycle ATH move of $ADA (~1$) we can speculate that $DOT at it's ATH can reach up to $38-$40 at it's peak even if BTC price was to stay in the 30k region.
The final phase of bearish movement in the way.As the new analystic signs, we estimate the actuel price movement is just a corection and after seeing again about 109 usdt, the final phase of bearish movement will be finished. For that we don't have enough information if you want, buy order with about 5% TP and then a sell order with about 10% or more is reasonable. BINANCE:KSMUSDT
Something pretty good is coming !Hey guys Here's a perfect and promising chart for Kusama Complete and simple TA !
Also, on the FA side, it's simple, every projects of The Polkadot Ecosystem will Pump at least 2-3x in the following months around mid Q1-2021 because of the DOT Parachain lauch and each projects has a really bullish roadmap. Especially Kusama, which is in reality polka's testnet which means that every blockchain built on polkadot will have to use kusama's building platform.
hope you're doing well guys and have fun in this early bull market !
Bullish on dot? Dont forget Kusama Kusama is the biggest alt project of the Polkadot ecosystem and is showing some strenght together with DOT lately.
My personal guess is that this one might become a banger in the coming months. Technically the price formed a support at previous high time frame resistance (S/R flip).
KSM possible entryPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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KSM has fallen the past week due to uncertainty in the market. As Bitcoin price drops today we see altcoins following, however we also notice several which are holding up quite nicely in comparison.
RSI is almost in the oversold region. Last two times it was here, we saw a very nice run up. During both those times price was trading below the 50 & 200 EMA. Today we're still above the 200 EMA, which is a bullish sign.
What do I expect to happen?
Either we get a bounce here on the .382 FIB level, or we fall further down towards either the 200 EMA or the golden pocket.
Entry points: 2515 - 2400 - 2300
SL: 2199
TP: 3000 - 3500 - 4299
KSM healthy retracementPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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Kusama has seen a nice run since the beginning of the month. We have now experienced a healthy correction in which we see it break the channel and fall below the 50EMA.
You can see my trade on the chart. Very tight stop loss because if we don't hold the @ 2647 sats, we will set a lower low and break the uptrend entirely.
#PolkaDot ($DOT BTC) found its bottom and is ready to bounce!
Hello there ladies and gentlemen, BulloTaurus here with an awesome find!
BINANCE:DOTBTC is one of most-promising projects that had a huge rally when it was listed on major exchanges.
Huge gains were made by shorting it until now.
Bullish signals we can see on daily chart of Polkadot that will reward you with nice profits once we break the downtrend.
Risk: 5
Reward: 8
Disclaimer!
This post does not provide any direct financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority.
Trading is risky, and it is not suitable for everyone.
Only you can be responsible for your trading.
Gentlemen, i need your help... if my ideas that you read are interesting and profitable, please hit the LIKE button to support me sharing my setups and ideas with YOU!
P.S. You're awesome. Keep doing it and you will achieve step by step your financial freedom!
Peace out.
✳️Kusama/USDT (11/11) View + Trading Plan #KSM $KSMKSM is trying to break out of the 35-37$ zone, if KSM closes a 1D candle above this zone it will rise to the 45$ zone, which is a very difficult zone to cross and I think it will continue to move sideways for a few days and after that will sharply rise to the 60$ zone
📈BUY- LONG
-Buy half close to 35-37$
-Buy half close to 30-32$, stoploss if B
📉SELL-SHORT
-Sell: 44-46$, stoploss if A
-Sell: 58-60$, stoploss if A
♻️BACK-UP
-Sell close to 30-32$ if B, stoploss if A
-Buy: 24-26$ if A, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"