KSMBTC trade ideas
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.
KSM / BTC trade signal (risky)KSM / BTC
Buy partially not once 👇
2760-2750 sat current price (20%)
2650 sat (30%)
2500 sat(50%)
Stoploss daily candel close below 2500 sat
Targets
2860 sat
2990 sat
3400 sat
4000+ sat (long term)
Risky because btc on move
But if you buy partially the risk will be very small
KSM / BTC nice jump after breakout the channelKSM / BTC
🌟 Techincal Analysis🌟
After breakout the decending channel
Ksm retested it and did nice jump today
The next resistance on chart
If it hold above the channel
Expecting it reach resistance area soon
This is not financial advice
You should have a plan before trading
Never trade blindly and use stoploss
Good luck and happy trading 🌹
KSMBTC bounce on daily support 🦐KSMBTC bounce on daily support and now the price is forming a bull flag
IF the price will break the bull flag According to Plancton's strategy, 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.
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 Plancton0618 strategy will trigger.
KSM/BTC (Bearish 2 Lower Highs?)KUCOIN: KSMBTC
-Kusama is rejecting by the 50ma dynamic resistance
-We can also see 2 Lower Highs which is also Bearish
-If the support at 0.003 breaks for the 3rd retest
-The downside target is 0.0029 sat area
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^Not Financial Advice
^Please exercise Risk Management
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KSM BULLISH DIVERGENCEOn the daily we can see the breakout of all time high was rejected. It has begun working its way back into the wedge for one more retest. Something ive noticed is as this coin has gone up in its history the average rate of its RSI has gone down. Bullish packing my bags on this one.
Kusama (KSM) dropping but for how long? Big things coming!For those looking for a solid data interoperability project I highly suggest you look at KSM and eventually DOT (Polkadot) when token are open to trading.
Kusama is A Canary Network based on Polkadot
By now you would have seen Polkadot starting to get some serious attention from a select few in the Crypto space. Kusama was founded by the founder of Polkadot, Gavin Wood. Gavin was also a co-founder and CTO of Ethereum. The official Kusama website states that it is a "Polkadot experiment" and to "expect chaos".
Kusama is a scalable, multichain network designed for innovation and shares an almost identical codebase and infrastructure to Polkadot. The network is an experiment for blockchain developers who want to accelerate and innovate on Kusama.
Despite KSM being a "Canary" for Polkadot (DOT), it is still a solid project and is one of the best data interoperability projects out there.
Buy the dip (assuming it goes that low), this one is a good long term long play and worth holding for an extended period. Either that of make some quick profits and sell at resistance levels.
Kusama Uptrend w/ Targets & Resistance Levels (Project Overview)About Kusama
Kusama is an early, unaudited, and unrefined release of Polkadot. Kusama aims to serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination, and validation functionality in a real environment.
Source: Coinmarketcap.com
Website: kusama.network
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Looking for an uptrend?
Kusama (KSMBTC) is looking really strong and can easily continue higher.
The indicators are giving us bullish signals as well as the chart... So far this chart is giving out full strength only.
The important support and resistance levels have been marked on the chart.
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Thanks a lot for your support.
This is not financial advice.
Namaste.