KSMUSDT.P trade ideas
🔥 KSM Massive Channel ContinuationKSM has been flying under my radar for a while, but since the price is moving quickly towards the channel support, I'm seeing great potential arise for a trade.
As seen on the chart, KSM has been trading inside a bullish channel for more than 4 months now, seeing more than 500% returns in that process. With Bitcoin's most recent sell-off, it's potentially time for a new bullish push towards the upper resistance of the channel.
Happy trading!
KUSAMA 30%+ Breakout Target Hi guys,
I will be short since Kusama is one fast bad boy.
If we close above the Orange MA, we can expect a continued 30% rise from 460 to 560 usd.
This depends as well of how BTC will play the markets, if it goes up, Kusama and the rest follows, if it dumps, we know a few will do their own thing.
So wait for a breakout confirmation above 460usd. if we get down in to the pattern expect a test of the support line down at 380usd.
TP:560usd
SL: define your own risk
Entry level: 465-440usd.
Not financial advice.
DYOR
Cheers!
KSMUSDTJust spelucation on the same setup as before (violet).
Two pin bars on the 77 and move up.
1.TP - lvr. 10x - high risk (lower entry only)
Or spot trade. Use it like me - after hit the first TP set your SL on the entry. ... after 2nd TP set your SL on the 1.TP.
Never loose your money...
LbL_CZ
KSM - Parachain auctions driving reductionKusama is continuing to test support of the descending triangle pattern formed since March 29th.
If price continues to close below the 20MA, support could next be found at the dotted green line, approx $387.
However, the triangle indicates that a break of the green base support line could see a price target that exactly meets the 50MA at approx $330.
Considering the overall strong uptrend, a target of approx $330 might seem excessively bearish. Consider though that Kusama parachain auctions are likely beginning this month, and could be driving a lot of selling pressure to get price down for accumulation prior to the auctions beginning. The break in the original uptrend coincides with the announcement of the parachain auctions adding weight to this possibility.
KSMUSDT is creating a parabolic 🦐KSMUSDT is creating a parabolic, and on 4h timeframe the price is creating a descending channel IF the price will have a breakout from daily resistance, 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.
KSMUSDT Analysis for upcoming weekAs per my analysis, KSMUSDT took the support of trend and consolidated enough to retain its previous position above the resistance.
RSI is indicating clear upward trend on 1H chart. Market sentiments are also in favor as in previous days buys tried to maintain their position above the support.
If we talk about entry level then it falls between 430-450, later on if it breaks the resistance of 490+ then its going to touch the level of 600. Put your stop loss below 400 and move to breakeven when it crosses the first resistance level. Do not use too much leverage.
Support my analysis if you think its appropriate and share yours.
Trade on your own risk and Best of luck from my side.
KSMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has experienced a good uptrend and is now stuck in a triangle. We intend that if it can break the triangle as in the previous analysis, then a pullback will start to rise, and if it breaks from the bottom, it is less likely to fall more. He can experiment and attack upwards several times but he has not been able to break the resistance
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!