kusama above 1200$ before DecemberKUSAMA/BTC triple bottom and trendline structure. if that blue trendline is broken it will mean kusama 2020 run all over again :)
KSMBTC trade ideas
KSM vs ETH. Which alt do I buy?A synthetic KSM vs ETH chart using Binance price data. ETH has the EIP-1559 catalyst coming up, an overcrowded trade in my opinion while all has been quiet in Kusuma-land since the parachain auctions. Building a position here for the coming month. Hoping the hidden bullish divergence on the 1D chart plays out and we break out of the ‘falling wedge’ pattern following which we seek KSM to outpace ETH.
KSMBTCPrice is right at long term support trendline.
RSI is in the oversold region
Potential bullish div in RSI in the oversold region
Going long with Kusama KSMThe title of the article said "Kusama Parachain Auctions", and that was enough for me to jump onboard. I hereby quote from the article:
"The first real-world functional parachain Statemine, began processing permissionless transactions after an on-chain upgrade last week. After some smooth running over the weekend, the time is coming to move to the next stage: slot auctions."
polkadot.network
Technically we have a cup and a handle, and a chance to go parabolically towards new ATH that I have set using FIB R with 50% gains.
Blue line is my entry, green line is my target.
$KSM, Retesting crossed level at ~.011 sats$KSM
Retesting crossed level at ~.011 sats
If manages to bounce/ gain traction from here, it will probably go for the ATH (~20%)
UCTS indicator bullish across the board
#KSM
KSM/BTCWeekly Elliot wave is my prediction. Wave 0-1 completed.
Wave 2 -3 pullback was right on a good fib level and now it seems we're on the way to Wave 3.
I have to 2 potential targets for wave 3 so I will take profit on the 1st wave 3 target indicated on the chart. If it continues to climb, I will re-enter my position and carry to the 2nd wave 3.
$KSM, UCTS showed a new 1D Buy a few days ago (usually strong)$KSM
UCTS showed a new 1D Buy a few days ago (usually strong)
Currently crossing above ~824k sats level w/ increasing volume on a ~20% daily candle
Just 10% away from ATH
Looks good if it can hold above the breakout level
#KSM
KSM/BTC 1D. Bullflag breakout?Kusama looks nice here for a potential long. But, although breaking out and looking good on the 1 hour the safest long trade would be taken after price closes above the 0.00758657 level.
All subject to the Big Boss....Bitcoin!
I HODL Kusama and look for best entries to trade with a small account. It's all about risk, reward, patience and account management.
KSM going PARABOLIC?KSMBTC has recently started a small trend, if we can continue increasing momentum and volume this might prove to be the beginning of a strong move up.
We just recently closed above the 180 EMA, we need to flip this as support, before the move up can be fully established.
Meanwhile we have a strong increase in volume and the start of a new trend, as shown by the trend indicator Hulli
Building a position in KusamaStarting to DCA my way into KSM with BTC, in the purple zone I will buy more agressively.
First Target for KSM is 0.025 BTC, 2nd is 0.05. Dollar Potential is multi 4 figures.
Fundamentals are strong, Pumpamentals even better. Only 10M supply, Staking Demand. Polkadot explosion.
KSMBTC is testing the 4h resistance 🦐The price bounced on 0.382 Fibonacci level and now the price is testing 4h resistance. IF the price will have a breakout According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
KUSAMA COMEBACK: new ATH is coming!KUSAMA recently had a very strong rally (check my last update) but was overextended very quickly and as said almost fell off my chart.
Now we just came out of a 26% correction and consolidation and we saw strong support coming and quickly pushing KSM out of the traingle.
Currently KSM is retesting support to blast off potentially to a new ATH against BTC but at the very least a new 15-25% pump!
You might wonder why KSM is so volatile? This is because KSM is very scarce 10m tokens max supply, mostly in wallets of blockchain projects that will/want to use KSM's parachains.
The token is meant for governance and thus very important for future Kusama "clients" to hodl and have influence over the direction of the project.
Like I said in my last update; KSM is governance gold and the price will easily pass 1000$ this year but I expect much more than that.
One the parachain auctions start and projects win a parachain, more demand for KSM will arrive for future governance of the Kusama ecosystem.
(check the links below or my profile for more bullish alts)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Kusama KSMBTC 55%+ expected return over the next weekHello everyone
the purpose of this post is to support my previous trading Idea, if haven't seen it I recommend you have a look at it first(link attached). first let me briefly describe what you are seeing on the chart. In white you can see the price of KSMBTC , while in black that's the set of technical indicators that I'm using. this set is composed of simple moving averages with the following period lengths (20, 40 ,80,160,320,640,1280,2560,4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H+L)/2 OF 2H candle sticks. this chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. to trade this, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find KSMBTC is in the compressed mode and you will see that it has very nice long-term trend, it doubles on average every 60 days (will explain how to quantify trend strength in next posts) which means that you are buying a very undervalued asset.
with all that said my conclusion is that KUSAMA ( KSMBTC ) is expected to be one of the best performing crypto-assets in the next week or two.
please follow and get in touch if you have any questions. also If you like my ideas and you have a job for me or you just want to tip me please find attached my KSM wallet address bellow:
FB1nskJ4bcR2aACtrmAEjMJUcbRhqTjNUWrvh2Qvm1dpCWV
your support is much appreciated.
thanks
Mustafa
Kusama KSMBTC 55%+ expected return over the next weekHello everyone
the purpose of this post is to support my previous trading Idea, if haven't seen it I recommend you have a look at it first. first let me briefly describe what you are seeing on the chart. In white you can see the price of KSMBTC , while in black that's the set of technical indicators that I'm using. this set is composed of simple moving averages with the following period lengths (20, 40 ,80,160,320,640,1280,2560,4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H+L)/2 OF 2H candle sticks. this chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. to trade this, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find KSMBTC is in the compressed mode and you will see that it has very nice long-term trend, it doubles on average every 60 days (will explain how to quantify trend strength in next posts) which means that you are buying a very undervalued asset.
with all that said my conclusion is that KUSAMA ( KSMBTC ) is expected to be one of the best performing crypto-assets in the next week or two.
please follow and get in touch if you have any questions. also If you like my ideas and you have a job for me or you just want to tip me please find attached my KSM wallet address bellow:
FB1nskJ4bcR2aACtrmAEjMJUcbRhqTjNUWrvh2Qvm1dpCWV
your support is much appreciated.
thanks
