KSMUSDT trade ideas
KSM: TECHNICAL ANALYSIS AND FUNDAMENTAL ANALYSIS GO TO WARTechnically, KSM is poised to commence a rally towards previous ATHs. MACD is showcasing a bullish cross. Stoch RSI is divergent and bullish. RSI has room to delve deeper into overbought territory. Volume is significantly higher than the previous rally that was kickstarted back in February.
However, fundamental analysis dictates that "Buy the rumor! Sell the news". Last time around, the price action played by the book. Will it this time? It's everyone's guess.
I trust the chart and watch the key levels as usual. I expect a bull rally. My prediction is that the price will assail higher levels; however, this is my personal bias according to my reading of the chart. Definitely, with a break below 267, if confirmed, I'm out. On the other hand, with a break above the red zone (the resistance zone), I expect a massive rally, if confirmed. Always remember, every resistance must be retested and held to confirm a bullish breakout.
KSMUSDT had a breakout from the descending channel ๐ฆKSMUSDT had a breakout from the descending channel, and now the price is testing the daily resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
KSM/USDT 1D๐ต #KSM/USDT
๐ข Spot (Midterm)
โ
Investment Recommendation
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๐ต Entry Range : 280 - 300 - 340
๐ด Exit Points : 395 - 485 - 985
๐ Stop Loss : 198
โโโโโโโโโโโโ
โ ๏ธ Risk Level : 5/10
๐ฒ 3 - 5 % Of Total Assets
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August 31 KSM/USDT wave combined with technical indicators analyThe following is a machine translation.
1. from the k-line pattern, now in the wave 3 wave up. Here the 3rd wave to exceed the 1st wave, is all have the 5th wave still have to continue to observe, first focus on the current 3rd wave.
2. The 2nd wave retracement came to the average line indicator (is this red and green line) to get effective support rebound to take the 3rd wave.
3. From July 21 this wave up to the current volume, are in a state of release up, is expected to promote the subsequent market continue to rise.
4. Here the macd indicator refused to dead cross, there is no divergence, will continue to rise.
5. WT_LB indicator, golden fork. Short-term bullish.
Combined with the described 2, 3, 4, 5 point indicators, is expected to drive the 3rd wave up.
KSMUsdt thsi analyse for frinds
i watch this chart is nice chart
little going up market cap but this low market cap and need going up more
but technicaly is good position and can break white resistance trend line can go up fast and or targets
GL
Supports:
285.3 >>> Entry Point
260.7
232.0
212.2
powerfull Resistance is white trend line you can see in chart and this 2 resistance point. but sec resistance is easy for after break white trend line got that little pull back on trend line and start moving to up
Resistance:
307.4
353.0 >> You can set this for targets but this profit good for leverage traders
Targets:
379.4
495.5
569.7
696.5
For HODL:
1013.7
1323.8
GL guys
HODL targets good for patient remember this
this not about 1 month or 2 month
BTC start for new top can happen this
GL Frinds
KSM part 2 zoomed in this is a zoomed in chart from the daily.. so should check that one as well !
If we look at the 4 hours zoomed in on the Handle, it seems to be breaking out already. I would like to see it rise above $317 and continue to race towards the neckline cupline around $351. if it doesn't break through the USD 317 level, we may see a further drop to test the USD 267 zone and a drop towards USD 233 is something to be aware of.
Keep calm, trade safe and manage your risk.
(Disclaimer: this is not financial advice)
KSM Kusuma CUP n Handle Kusuma on the day...
A Cup & Handle seems to be in the making, we see this pattern regularly at the moment, one of which works out better than the other. So although the bottom of the cup does have a jump in it, it certainly makes sense to keep an eye on the development of this, precisely to see how the possible handle develops. ideally dropping to 1/3 (75% line) to then return to the neckline/cupline.
If we look at the 4 hours zoomed in on the Handle, it seems to be breaking out already. I would like to see it rise above $317 and continue to race towards the neckline cupline around $351. if it doesn't break through the USD 317 level, we may see a further drop to test the USD 267 zone and a drop towards USD 233 is something to be aware of.
Keep calm, trade safe and manage your risk.
(Disclaimer: this is not financial advice)
$KSM another room for a retracement after trendline breakout$KSM #KSM broke the bullish trendline formed previously. We should see another 10-15% retracement on it before we restore the bullish movement in another trendline with another supports and resistances. This is a good entry for a small size short to hedge against our spot losses.
KSM Growing, Due to the upward breaking of corrective descending channel as well as 280 resistance level, +RD divergence in RSI on the floor of long-term ascending channel and positioning of RSI above 50 level in the daily chart and ..., after a pull back to the corrective descending channel roof and 280 support level, We will see the growing of KSM.
tp1: 500 , tp2: 1000 , tp3: 3200