Kusama Accumulate
Updated
What Is Kusama (KSM)?
- Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.
- By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
- This is a long term trade, as we remain in bearmarket for now, KSM could enter a long consolidation corridor.
- KSM can be staked in Kraken for 18% (and more exchanges) or Onchain via Polkadot.JS
- Total Supply for Kusama is Total 9,651,217 so his price is far under valuated.
- When you see BB is thinner and thinner a potential move is about to start.
- Remember that all altcoins follow TheKing so if BTC don't move, they won't move.
- i will post my older KMS Chart in comments.
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Trading Parts
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Buy : 40$ ish ( Now )
Rebuy : 25$ ( Max Buy if we have a BTC wick )
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Tp1 : 999$
Tp2 : 1499$
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Happy Tr4Ding !
- Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.
- By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
- This is a long term trade, as we remain in bearmarket for now, KSM could enter a long consolidation corridor.
- KSM can be staked in Kraken for 18% (and more exchanges) or Onchain via Polkadot.JS
- Total Supply for Kusama is Total 9,651,217 so his price is far under valuated.
- When you see BB is thinner and thinner a potential move is about to start.
- Remember that all altcoins follow TheKing so if BTC don't move, they won't move.
- i will post my older KMS Chart in comments.
-------------------------------------------------
Trading Parts
-------------------------------------------------
Buy : 40$ ish ( Now )
Rebuy : 25$ ( Max Buy if we have a BTC wick )
-------------------------------------------------
Tp1 : 999$
Tp2 : 1499$
-------------------------------------------------
Happy Tr4Ding !
Note
This chart is interesting, i posted it on 1 Feb 2022. KSM broke down is trend with the pressure of the falling King. Look at the begins of the chart and u will notice a "Yellow bounce sign". Now we are here.
Note
Back to the actual chart. Zoom in on BB. KSM needs to at least pass 56$ to start a bullish move.Note
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