$KSM #Kusama Trading IdeaKSM #Kusama on a lower timeframe looks bullish. As I mentioned before, some of the coins look bullish & some of them look bearish. Price bouncing back from this demand zone, money flow tries to break through into a positive, etc. Full send again after breaking through this Resistance Box.
KSMUSDT trade ideas
KSM - 1D - 25 to 80% increase coming weeks possibleKSM is currently testing an important support. If support holds, KSM can go up to 25% increase first and will find a bit resistance at the upper Bollinger Band. It will correct temporarily and then KSM will continue to the red resistance area which is a 80% increase in total from current price.
With a double bottom pattern the price usually can go up quite fast and correct back to the red line of the Bollinger band or back to the support level.
These targets could be reached if sentiment stays positive.
Ps. This analysis is just my idea of how this price trend could go :)
KSM Waiting the buy zoneKusama is in a strong bear trend, and it's breaking support over support. I identified a strong accumulation zone on higher timeframe at 29-32 USD. I expect the price to slowly come there, and after some accumulation it should bounce. I'll wait the price there before open any trades
KSM/USDT upward momentum from demand zone? 👀KSM Analysis 💎 Paradisers, focus on #KSMUSDT, as it's currently exhibiting indications of a significant movement from an essential demand level.
💎 #Kusama is on a rising trajectory, suggesting a possible bullish break from its present demand zone. The expectation is for a retest of the demand level at $40.56 before it continues its upward journey. If #KSM successfully sustains above this level, it could pave the way for a climb towards the major supply zone at $63.04.
💎 However, if #KSM faces challenges in maintaining its stance above the $40.56 mark, we might need to rethink our trading strategy. Under such circumstances, our attention would shift to potentially starting a bullish movement from a lower bullish Order Block (OB) level at $33.52.
💎 It's crucial to keep a close watch on this level, as a breach below it could lead to a significant downward trend.
🚨 Trade Alert: KSM/USDT (3-5x)🚨 New Trade Alert 🚨
✅ KSM/USDT (3-5x)
📈 LONG Entry Zone: 38 - 41.665
⛔️ SL: 36.43
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 42.1 - 42.5 - 43 - 44 - 46
Mid Term: 48 - 50 - 55 - 60 - 64
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
KSM - Bird Set Free 🦅Hello TradingView Family / Fellow Traders,
📈 After a 100% surge, KSM has been in a correction phase trading inside the falling channel in red.
Currently KSM is approaching a robust demand zone highlighted in blue.
🏹 For the bulls to assume control again and initiate the next bullish impulse movement, a breakout above the red channel and last high in red is required.
Meanwhile, until the buy is activated, KSM can still trade lower and dive inside the demand zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
KSM/USDT Perfectly Bounce. It's ready for back to upward ??💎 KSM's market performance has been turning heads, especially with its recent vigorous rebound marked by a robust green candle at the demand zone. This rally suggests a potential uptrend, directing attention to the supply area as the next significant hurdle.
💎 A successful breach of this supply threshold could propel KSM towards a strong resistance target, probability indicating a sustained bullish run.
💎 On the flip side, should KSM struggle to puncture through the supply area, it might retreat to the demand zone for another attempt at gathering momentum. The demand zone thus becomes a pivotal region to watch. KSM's ability to either sustain its position or falter here could be telling of its short-term market direction.
💎 If KSM fails to maintain its ground in the demand area and succumbs to a breakdown, a bearish scenario may unfold. Such a development could lead KSM to spiral downwards, potentially hitting lower support levels or revisiting previous demand zones.
💎This phase is critical for KSM; maintaining buoyancy in the demand zone could be the key to averting a downward spiral and setting the stage for a recovery and possible bullish surge.
#KSMUSDT 6H Chart
Price is still ranging in a falling wedge and it is currently trying to break above the resistance line however it is getting rejected from the EMA ribbon. MACD is not clear, RSI is neutral and price is ranging between the EMA ribbon and the 200MA. Price needs to close above $44 for bullish confirmation then we would expect some bullish movements aiming towards the first area if resistance at $46.9 as a short-term target.
#KSM/USDT LONG#KSM
The price has been moving in a reversal bearish flag since last February and the downtrend of the flag has been broken.
We have oversold on MACD
And the moving of the 100 thousand was broken up
The resistance area was reached and rebounded from it
Current price 25.68
First Goal 36.80
This represents 160% of the current price
#KSMIn the 2-hour and 4-hour timeframes, after a Sharpie growth, a zigzag correction has already been carried out, which is placed in the corner, which should probably have an unsuccessful exit from the top, and then continue the correction in the specified areas for a complete cycle. complete a 5-wave movement that after the completion of the last wave, we should see an X wave upwards.
In addition, contrary to this move, the 4-hour candle above $50 should be closed.
KSM/USDT Potential for Bullish Movement? 👀🚀 KSM Analysis💎 Paradisers, direct your attention to KSMUSDT, as it is currently demonstrating noteworthy market activity. After being repelled from the supply zone, KSM is setting up for a potential bullish move from the demand zone.
💎 Analyzing Kusama's market progress, it has skillfully moved through a descending trendline, breaking above it to signal the start of an upward trend. At this critical point, KSM could potentially maintain its bullish path from the demand zone around $26.67, assuming it keeps up its current momentum.
💎Conversely, should KSM face challenges in holding this momentum, we could anticipate a bullish drive emerging from a lower support zone at $21.9.
💎 Traders should also be cautious of the scenario where KSM dips below the $21.9 support level, as this could suggest a change to a bearish trend.
💎 Stay vigilant and well-prepared, Paradisers. Your ParadiseTeam is dedicated to steering you through these market shifts, equipping you with the necessary knowledge for making strategic trading decisions.
KSM/USDT Perfectly Bouncing on the support area, Ready to up ?💎 KSM has been making waves in the market with a notable bounce off its support level, marked by a strong green candle. Should this bounce prove to be a valid indicator of momentum, the next key level for KSM is the supply area. Successfully breaking through this supply area, probability could smooth KSM's path toward our designated target area.
💎 However, if KSM struggles to break through the supply zone, there's a chance it might revert to retesting at the support level to gather new momentum for another upward attempt.
💎 The support area is a critical juncture for KSM. At this point, it's imperative for KSM to either achieve a strong bounce or risk breaking down below the support level. Should KSM fail to rebound and instead break down, it could potentially continue on a downward trend, moving further down and potentially reaching the demand area.
Ksm upward targets and buying levelsKSM buying levels $43.63 and $38.02
●Ksm is going down into the Weekly FVG
■Weekly Fvg High is at $43.63
■Weekly C.E of FVG is at $38.02
■Weekly Fvg low is at $32.46
●Best buying zone for ksm is 38.02 level, Here Daily FVG and the Weekly C.E overlap each other.
●If ksm dumped even more then we can buy more at 32 level.
●Holding the Weekly FVG means next target for ksm will be $89 and $115
KSMUSDT Alert: Triple Top Signals Trend Shift📈 Overview:
Despite a bullish trend, KSMUSDT faces challenges with a triple top formation and a bearish divergence. The recent establishment of the first lower high (LH) adds to concerns.
📊 Technical Signals:
Triple top formation, LH, and bearish divergence indicate potential weakening in the bullish momentum.
📉 Trade Strategy:
Traders should exercise caution. A break below the last low may trigger a short position, with a predefined take-profit level.
🛑 Risk Management:
Implementing stop-loss orders is crucial to manage risks in the face of a potential trend reversal.
📉 Conclusion:
Monitor KSMUSDT closely for a break below the last low, signaling a possible trend reversal and offering a trading opportunity on the downside.
KSMUSDT.1DBased on the given market data, the KSM/USDT pair is currently trading at $52.86. The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day periods are 71.47, 90.94, and 82.16 respectively, indicating that the pair is currently in an overbought zone. This may signal a potential pullback or price correction in the short term.
The Moving Average Convergence Divergence (MACD) for the 4-hour, 1-day, and 7-day periods are 5.57, 4.77, and 3.85 respectively. These figures indicate a strong bullish momentum in the market. The Bollinger Bands (BB) for the same periods are 64.50, 53.14, and 44.99 respectively, suggesting a high level of price volatility.
The pair has important support levels at $43.52, $35.05, and $29.93 for the 4-hour period, and $32.80, $21.64, and $19.10 for the 1-day period, and $25.13, $19.58, and $16.44 for the 7-day period. If the price breaks down these levels, it could lead to a bearish trend.
On the other hand, the key resistance levels are $56.32, $64.88, and $71.69 for the 4-hour period, and $57.39, $68.40, and $72.72 for the 1-day period, and $56.32, $72.89, and $108.00 for the 7-day period. If the price breaks above these levels, it could lead to a bullish trend.
In conclusion, although the KSM/USDT pair is currently in an overbought zone, the strong bullish momentum suggests that the pair might continue its upward trend in the short term. However, traders should be cautious about a potential price correction due to the overbought conditions. As always, it is recommended to use stop losses and take profits at strategic points to manage risk effectively.