KSM breakout from symmetrical triangle Currently retracing back to support level at 330-340 level, can be a good long opportunity with a stop loss below 300 level.
Take profit levels are at the red moons and the green ellipse can be a good buy zone as long as BTC is not having huge downward movement. If BTC can hold sideways action for time being, I can see KSM push really quick from this point here.
The red and yellow lines are the historic trend lines cloned at crutial levels
Green horizontal lines are key levels to lookoout for.
I will keep updating unless we start closing below 300.
KSMUSDT.P trade ideas
$KSM/USDT 90m (Binance Fut.) Symmetrical triangle near breakoutKusama is accumulating for a week and just regained 50MA, seems to be ready for a local up-trend.
Self-described as "Polkadot's wild cousin,"that blockchain platform is designed to provide a massively interoperable and scalable framework for developers.
Current Price= 332.11
Buy Entry = 332.39 - 326.51
Take Profit= 349.97 | 373.21 | 395.29
Stop Loss= 312.97
Risk/Reward= 1:1.25 | 1:2.66 | 1:4
Expected Profit= +18.69% | +39.84% | +59.94%
Possible Loss= -15.00%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1 week
🆓Kusama (KSM) Oct-2 #KSM $KSMThe buying force of KSM is increasing and it is very strong at 340$ zone, so in next days, KSM could pump up to 420$ and 540$ easily. But if it loses this 340$ zone, it will fall down to 280$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 340$ zone
🔴Buy : 340$
🔴Sell : 420$ - 540$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 340$ zone
🔵Sell : 340$
🔵Buy : 280$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
KSMUSDT 4HRBullish Bat STRONG Zone at strong support
On Type 1 Entry Pattern given good reaction & Hit TARGETS
now price is again in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
KSMUSDTThe yellow line has now become an important resistance for the price, if the price can break the yellow line, the next target will be ATH. If the price falls, the green lines are good support.
In the current situation, the price will be more likely to fall to the range of $ 313
........
No one but God knows the future, we only state the possibilities
_______
Good luck
KSNUsdt Update for HODLERSWhat is Kusama?
Kusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as Polkadot. The network is an experimental development environment for teams who want to move fast and innovate on Kusama, or prepare for deployment on Polkadot.
Kusama was founded in 2019 by Gavin Wood, founder of Polkadot and co-founder and former CTO of Ethereum.
this targets for HODLER
you trust Polkadot Blochchain so can trust Kusama
so safe and great project
kusama going up soon adn this targets for hodlers targets on bullish market this year
GL
EntryPoints:
330.1
318.5
Supports:
296.9
271.7
232.3
Resistance:
343.8
Targets: (Remember this targets for HODL but you for short time can set close targets)
468.5
677.2
979.0
1654.9
GL
KSMUSDT continue Upward TrendHello guys
i shown you everything in chart
i think there is no need explain about the chart and how to take position
but one thing is about fundamental of KUSAMA and DOT
These two can grow more more and more in future because of fundamental and i think after the auction of parachain
we can see the new ATH of both of them
The best zone for buying and take long position for futures is red zone that shown on chart
we need more knowlegde about what we are buying in crypto
Good Luck
Abtin