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Kusama

KSM: TECHNICAL ANALYSIS AND FUNDAMENTAL ANALYSIS GO TO WARTechnically, KSM is poised to commence a rally towards previous ATHs. MACD is showcasing a bullish cross. Stoch RSI is divergent and bullish. RSI has room to delve deeper into overbought territory. Volume is significantly higher than the previous rally that was kickstarted back in February. However, fundamental analysis dictates that "Buy the rumor! Sell the news". Last time around, the price action played by the book. Will it this time? It's everyone's guess. I trust the chart and watch the key levels as usual. I expect a bull rally. My prediction is that the price will assail higher levels; however, this is my personal bias according to my reading of the chart. Definitely, with a break below 267, if confirmed, I'm out. On the other hand, with a break above the red zone (the resistance zone), I expect a massive rally, if confirmed. Always remember, every resistance must be retested and held to confirm a bullish breakout.
Long
by Djawad_Afsharirad
🎎 KUSAMA- Breaking Over Resistance right Now!!! 🗾🗻🍊Over resistance, will check it as support, if that happens I am BUYING again Kusama has had great news today : Following the success of its first six parachain auctions, Kusama – Polkadot’s Canary network, goes ahead and announces the dates and details for the next 5 auctions. Kusama Goes Ahead With 6 More Parachain Auctions According to materials shared with CryptoPotato, Kusama will schedule the next five parachain auctions on its network. The dates for them, as per the current recommendations, are as follows: 2021/09/01, 12:00 GMT: Sixth Kusama Parachain Slot auction commences. Bids may be placed. 2021/09/03, 09:00 GMT: Sixth Kusama Parachain Slot auction ending period begins. Only bids made before this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered. 2021/09/08, 09:00 GMT: Sixth Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point. 2021/09/08, 11:00 GMT: Sixth Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days. 2021/09/08, 12:00 GMT: Seventh Kusama Parachain Slot auction commences. – 2021/09/15, 12:00 GMT: Eighth Kusama Parachain Slot auction commences. – 2021/09/22 12:00 GMT: Ninth Kusama Parachain Slot auction commences. 2021/09/29, 12:00 GMT: Tenth Kusama Parachain Slot auction commences. The idea of the schedule is to enough members of the Kusama community enough time to: first unstake KSM for their auction bids and second – to participate in the crowd loans. The auctions will commence back-to-back with a two-day period of the initial bidding, which will be followed by a five-day ending period – this is how the first auctions were done. One Love, the FXPROFESSOR
KRAKEN:KSMUSDLong
by FX_Professor
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.)
by mlnzigzag
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.
Long
by Djawad_Afsharirad
2
KUSAMA - Big MA Spread - Long OpportunityKSM is in a good configuration to open a long position: - MA50 reversal - Break of continuation triangle pattern - There is a big MA Spread between MA50 and MA200 wich can represents oversell prices. Requirements to open the position: - Break the pattern in H4 (closed!) - Optional: wait a retest on the triangle to get a better entry Targets: - Resistance at 270-285 => at this price the ma spread would be smaller. Stops: - Exit if prices break the ascending trend (closed) Good luck
Long
by rtm-trading
2
Kusama (KSM) - July 3Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (KSMUSD 1W Chart) If it moves above the 225.6 point and moves along the uptrend line, I would expect it to turn into an uptrend. (1D chart) If the price is maintained in the 199.93884255-292.55684530 range, it is expected to turn into an uptrend. If it goes down, you should check to see if it finds support at the 153.62984396-199.93884255 zone. If it falls from the 134.63247414 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously. ------------------------------------- (KSMBTC 1W chart) To continue the uptrend, the price must rise above the 0.006193 point to hold the price. (1D chart) It must rise above the 0.006898 point to turn into an uptrend. In particular, it is important to maintain the price above the 0.006193 point. If it goes down, you should see support at the 0.004715 point. If it falls from the 0.004715 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
K
by readCrypto
Kusama KSM Insane Explosive Move SoonHi dear friends, hope you are well and welcome to the new update on Kusama ( KSM ) coin. The broadening formation: On the weekly time frame chart, the price action of the KSM coin has formed a broadening formation and now the price action is likely to have a very nice bounce from the support of this broadening formation. Once the priceline of Kusama will start a big move from here then the next touch at the resistance is expected at $500. Ichimoku cloud: On the daily timeframe chart, the priceline of the KSM coin has broken down the Ichimoku cloud, and now the conversion line is crossing down the price action to lift it up. Once the price action will cross up the conversion line then the conversion line can cross up the baseline as well which will be a buying signal. We can also observe that there is a bullish cloud above the candlesticks and if the price action is having a bullish cloud above it then it is easy for it to break out this cloud. Because the bullish cloud works as a weak resistance but strong support. Harmonic bullish Shark pattern: On the 2-day time frame chart, KSM has formed a bullish harmonic Shark pattern. I have already shared this pattern a few days back when the priceline was in the buying zone of this bullish harmonic move. The buying and sell targets of this pattern are as below: Buy between: $196.26 to $115.97 Sell between: $276.80 to 446.89 Stop loss of this pattern was as blow: The maximum extent of the potential reversal zone of $115.97 can be used as stop loss. The possible profit and loss ratio of the bullish harmonic Shark was as below: As per the above targets, this trade has a big profit possibility up to 285% and a big loss possibility is 41%. Therefore try to buy it within the potential reversal zone as lower as possible. Conclusion: The price action of KSM coin has already bounced from the support of the broadening formation and at the same time, it is taking a bullish divergence from the potential reversal zone of a bullish harmonic Shark pattern. Therefore, we can expect that soon the priceline will also reach the resistance of the broadening formation at $500 level.
Long
by moon333
1