KSM USDT 1-DKSM / USDT : Mid Term Trade
Cruising through resistance at 300$
Any retrace back to 290 - 300$ is a buy in my opinion. Parachain auctions are again heating up and KSM will be at forefront
I had an earlier call on KSM as well around 210$, but i am no longer holding that bag as I sold it at 250-260$ earlier
Targets : 345$, 375$, 395$
KSM
KSMUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
KSMUSDT at H4 in the Ascending Channel has broken above the Symmetrical Triangle and also broken above the resistance. The large green candle indicates the Bullish move.
⬆️Buy now or Buy at 285.65
⭕️SL @ 263.56
✅TP1 @ 320.00
✅TP2 @ 330.00
✅TP3 @ 340.00
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KSM GRINDS ITS TEETH FOR A PARABOLIC MOVEKSM has broken and retested a crucial level only to confirm an upward move towards the next resistance zone which lies in the region of 340 - 360.
B Bands are expanding along with a cluster of support factors, i.e. EMA50 & EMA 100. The median line is acting as strong support now with all the bullish momentum that the price action showcases.
A golden cross is on the verge of passing between EMA 50 and EMA100. It is not always accompanied by bullish price action; however, recent developments of the price action suggest that this cross might boost KSM's chances of an uptrend.
The move to the next resistance could produce a 29% profit. Plus, trade at this point offers a decent R/R.
KSMIt came out of its oscillating channel
Broken dynamic resistance
Ichimoku cloud conditions will soon improve and a green cloud will form
From the previous analysis, it has reached 30% profit
By passing through its static resistance, it will reach the specified Target
In the case of Pulbek, the purchase range of the channel roof is broken
KSM is ready to take offKSM just finished a nice huge cup with target at 340$
Last time bitcoin was at 41k ksm was at 540$, am expecting this beast to be on fire for the next few days
after we retest 240$ successfully and confirm upward price action,
my targets are
304
349
394
449
540
Not financial advice
DYOR
good luck
#HEX is running away is 29 cents incoming!!!this seems to be a bear market
I hope for a V shape recovery
but it may only be a bounce
but HEX is a runaway BULL Market
KSM - Trade SetupKSM followed BTC just like the other coins and just hit support a few hours ago.
There are two support areas holding the price up and one resistance in the local price zone pushing it down.
THe sell volumes are still there but if the market changes status to Neutral, we might see it consolidate in this price zone.
If the price manages to cross the resistance line, after the closure of the first 4H candle above it, you can open long positions and aim for that TP. but for now? just wait.
Current Market Price: $207
Good Luck
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The big question of the moment....Is that 15min inverted H&S gonna playout this time?
Well, I have no Idea, but I believe that if it breaks we could go to the 35500 quick,
as well as if we break downwards we could come back to 34k quick. Both are moves that could change te immediate sort term action of the price.
Stay safe guys.
KUSAMA- Out of Steam/ I am OutKusama was fun for while it lasted. Probably we could say the same for Polkadot and it's theory of games. I feel both Kusama and Polkadot will underperform versus both Ethereum and Cardano.
Was fun and profitable going in and out but right now I am out alltogether.
One Love,
the FXPROFESSOR
Kusama KSM Insane Explosive Move SoonHi dear friends, hope you are well and welcome to the new update on Kusama ( KSM ) coin.
The broadening formation:
On the weekly time frame chart, the price action of the KSM coin has formed a broadening formation and now the price action is likely to have a very nice bounce from the support of this broadening formation. Once the priceline of Kusama will start a big move from here then the next touch at the resistance is expected at $500.
Ichimoku cloud:
On the daily timeframe chart, the priceline of the KSM coin has broken down the Ichimoku cloud, and now the conversion line is crossing down the price action to lift it up. Once the price action will cross up the conversion line then the conversion line can cross up the baseline as well which will be a buying signal. We can also observe that there is a bullish cloud above the candlesticks and if the price action is having a bullish cloud above it then it is easy for it to break out this cloud. Because the bullish cloud works as a weak resistance but strong support.
Harmonic bullish Shark pattern:
On the 2-day time frame chart, KSM has formed a bullish harmonic Shark pattern. I have already shared this pattern a few days back when the priceline was in the buying zone of this bullish harmonic move. The buying and sell targets of this pattern are as below:
Buy between: $196.26 to $115.97
Sell between: $276.80 to 446.89
Stop loss of this pattern was as blow:
The maximum extent of the potential reversal zone of $115.97 can be used as stop loss.
The possible profit and loss ratio of the bullish harmonic Shark was as below:
As per the above targets, this trade has a big profit possibility up to 285% and a big loss possibility is 41%. Therefore try to buy it within the potential reversal zone as lower as possible.
Conclusion:
The price action of KSM coin has already bounced from the support of the broadening formation and at the same time, it is taking a bullish divergence from the potential reversal zone of a bullish harmonic Shark pattern. Therefore, we can expect that soon the priceline will also reach the resistance of the broadening formation at $500 level.