KSMUSDT trade ideas
KSM (kusama) bullish set-upKSMUSDT is looking bullish as it established a strong support above 392 and ready to march towards 480.
KSM is currently undergoing ABC correction. Presently, we are riding the B impulsive wave and found a stable support above one of the strong previous swing lows at 392 level. As long as we stay above this price , it makes sense to target 480. Nonetheless, if we see a throwback to anything lower than 392 with a couple of 4hr candles below, it means that the C corrective wave of the ABC correction is playing out, in which case the trade gets invalidated and gives us a fantastic chance of entering KSM at a discounted price.
If we remain strong and have a daily close above the ATH , we can expect new ATH's going forward.
KUSAMA if still in bullrunKUSAMA looks fairly good at .786 fib currently and since the parachain auction, only had one leg up, might moon soon.
KSM/USDT analysis on 4H Time FrameKSM/USDT is on trend line which show neutral behavior either break trend line then opening a short position is a good option for profit and if not break the trend line we have a good long opportunity for profit..
Always do your own research before going to trade this is not a financial advice
KSM/USDT potential 60% upsideKSM moving in an upward channel. exhibiting a good supper line at the bottom and has followed fib levels.
If the market momentum continues as in the current scenario, KSM likely to exhibit a 60% upside
KSMWeekly structure break and retest (check comments for weekely chart), solid higher low trend and rejections from the trend line. Price testing and rejection 21-25EMAs.
Along with the technical perspective, KSM is also riding on the momentum of the DOT ecosystem currently. Very bullish chart all things aside.
Trade Targets = Fib Levels, however this seems to be a great entry/add area long term.
Bearish MACD divergenceFirst time posting,
I see a bearish MACD divergence along with a bearish hidden divergence for the RSI.
KSMUSDT UPDATEWhile BTC dumps as we projected in our earlier analysis, now is the time to be looking at which alts next to capitalise from during this DIP.
KSM broke out above the corrective downtrend and is now making a retest, there is a large area of liquidity from buyers below the trendline i would like to see this removed then we will consider looking for a entry to long,
KSMUSDT Perfect breakout & Retesting KSMusdt is looking great and has taken a perfect retest to buy zone $450 and you are in the game. Keep your eye on that level and fill your bag for the moon ride.
$KSMKSM retraced from breakout, good to test buy imo.
3 target prices. Sell 1/3 value on each. I see this going way more up -- re: KSM parachain auction success
KSM to $742Based on my TA, KSM is in its second cycle and currently we are in wave 3.
So, I'd look to enter around: $475.5 - $483
SL: $424
tp1:$539.8
tp2:$614.6
tp3:$742.9
KSM analysis Time to ta ke a short position
Ksm took a big shoot so it need a little correction
Targets are according to fib retracement
Risk -- High
KSMUSDTToday ksm make break of structer in h4 time frame. Now wait for mitigate price to order block zone the find a entry point and get a buy trade with proper money managment. Good luck
KSM in the flag pattern.Parachains are up and running and Dot is on the verge of Price-discovery; Kusama is Bullish than ever!
It's currently unlikely to break the resistance
Now is the time to buy and hold. But when it was in the support zone.
personally have already bought it and as long as it's on this Sideway channel, I'll buy more KSM within the support range and sell some of them in the resistance Until it breaks resistance upwards.
Please Note: Nothing is certain and the final decision is Bitcoin! So always put SL or take some profit.
KSM/USDT : Cup and Handle formed, $660 is programmed !BINANCE:KSMUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#KSM has formed a Cup and Handle here, Also there is a breakout on the higher resistance zone.
- We had failed breakout earlier but this time might have more proven bullish momentum because of Cup & Handle.
📑 Target of the pattern will be 227 unit growth and it'll give us the minimum target of $660 ( 52% growth ).
- Also FIB extension's target on 0.50's level is located near above to $660 !
But what is Cup & Handle and how it works ?
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.
The pattern's formation may be as short as seven weeks or as long as 65 weeks.
It is worth considering the following when detecting cup and handle patterns:
- Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms.
- Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern.
- Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high.
🔴 On this such charts, You can set your SL below the broken resistance zone as 2-3 candles close to avoid the LOW R:R and possible Stop-Hunts !
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
KSM/USDT proof of history ChartThis Chart is looking for a 1.4k-1.5k$ KSM By early 2022
My Target is 2.7k-2.9k$
I'll be trading the KSM/BTC Chart close to the end of year. Currently waiting for a upside break form KSM vs BTC .
Waiting for downside for long term entry
KSMUSDT Technical Analysis⏳ Spot
💎 KSMUSDT has broken above a significant resistance. It has formed an ascending channel and has been making HHs and HLs in the channel. It must eventually go to the top of the channel
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 389.0 - 409.8
☕️ TP1 457.3
🍺 TP2 490.7
🍻 TP3 528.2
🍾 TP4 569.9
🍷 TP5 601.3
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 346.7
Good Luck 🎲
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