KSMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a time frame of 4 hours. The price became a good pump as we expected and we put the signal in the channel. And it touched the targets. The price can re-enter the bullish channel after a pullback to the level of the dashed line, and in case of losing the price, we have specified the support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
KSM
Going long with Kusama KSMThe title of the article said "Kusama Parachain Auctions", and that was enough for me to jump onboard. I hereby quote from the article:
"The first real-world functional parachain Statemine, began processing permissionless transactions after an on-chain upgrade last week. After some smooth running over the weekend, the time is coming to move to the next stage: slot auctions."
polkadot.network
Technically we have a cup and a handle, and a chance to go parabolically towards new ATH that I have set using FIB R with 50% gains.
Blue line is my entry, green line is my target.
💡Don't miss the great buy opportunity in KSMUSD @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (380.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50
Take Profits:
TP1= @ 452.78
TP2= @ 487.25
TP3= @ 553.50
TP4= @ 624.76
TP5= @ 660.56
SL= Break below S2
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Kusama looks extremely bullish, if only BTC does not dumpWe have a W pattern (blue lines) that can also be viewed as a cup and handle (yellow lines)
If BTC don't dump and KSM breaks out of the yellow triangle the price target is at the ATH !
Fundamentally this coin deserves much bigger market cap, i am sure it will be more profitable than ADA and DOT, long term easy x10
If unfortunately BTC dumps a good price to buy KSM is at around the 200 D EMA level @ $267 that acted as a support.
Wish you the best, take care.
💡Don't miss the great buy opportunity in KSMUSDT @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (380.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50
Take Profits:
TP1= @ 452.78
TP2= @ 487.25
TP3= @ 553.50
TP4= @ 624.76
TP5= @ 660.56
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
KSM- Kusama TargetsI have never invested in Polkadot directly but Kusama has worked perfectly well for me twice before.
Time for number 3?
The fundamentals look GREAT and the chart agrees.
Kusama calls itself the canary network of Polkadot. So, what is a canary? It is a type of bird that coal miners used to check if it was safe to enter the coal mines. Kusama works quite similarly for Polkadot. As we know that Polkadot is becoming quite popular among blockchain developers, so Kusama is a perfect option for them to test their applications before launching them on Polkadot.
🆓Kusama (KSM) May-27 #KSM $KSMKSM has conquered the 320$ zone and is heading to 400$, 480$, and 560$ zone. But if it loses this 320$ zone again, it will have a big decline to 240$ or even 120$ zone in June
📈BUY
-Buy: 310-330$. SL if B
-Buy: 390-410$ if A. SL if B
📉SELL
-Sell: 390-410$. SL if A
-Sell: 470-490$. SL if A
-Sell: 550-570$. SL if A
♻️BACK-UP
-Sell: 310-330$ if B. SL if A
-Buy: 230-250$ if A. SL if B
-Sell: 230-250$ if B. SL if A
-Buy: 115-125$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
KSM future profitHaving a look to the different charts we can see how BTC is having a bad time trying to overcome the trading line and keep its way to 42k. If BTC drops the alts drop. That is why looking at KSM I can see some free profit as soon as it touches the support I marked on the chart. After it reaches the first support we can buy, setting a stop loss just under that line trying to avoid any potential lose if KSM decides to drop to the next support following the bigger pattern. For any questions feel free to ask !
KSMUSDT, Kusama - ready for the parachain auctions pump ?Hi guys,
In the light of the upcoming Kusama parachain auctions, I think it's quite reasonable to get involved in KSM. Even more when the technicals are pointing to an imminent breakout.
I will be looking for a 4-hour and 1D candle closes above the $570 levels with next target at $740, 30 percent from here.
Possible retrace to the $480-$500 support zone, around the 21-day EMA on the 4-hour chart where I plan do add more to the long position.
Regards,