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KSM

KSM ANALYSIS (4H)According to the investigation and analysis we have had on KSM, we have noticed the diamond diametric pattern. It seems that the E wave itself has become a diametric that we are now in the G wave. The green area is a low-risk area for buying. If you want to reduce the risk, wait and get a bullish trigger from the candles and then enter the trade. Be sure to perform capital management and risk control because technical analysis is not certain and is a probabilistic analysis.
by behdark
4
🚀Kusama : Is a Breakout on the Horizon?🚀Kusama (KSM), often referred to as the experimental cousin of Polkadot, is currently catching the attention of traders and investors. While the cryptocurrency market is no stranger to price volatility, Kusama's recent price action has sparked excitement and anticipation for a potential breakout. Shakeout Strategy: The Art of Market Manipulation In the world of trading, market manipulation often plays a significant role. One strategy employed by market participants is a shakeout, where prices are manipulated to briefly dip below a key level before rebounding. For Kusama, this key level stands at $16, the lowest point in recent trading. Pattern Recognition: Breaking Out of a Descending Wedge Another positive development for Kusama is the formation of a descending wedge pattern. This pattern, characterized by narrowing price ranges, often leads to a breakout. In Kusama's case, the potential for an upside breakout is generating excitement among traders. What to Expect: A Potential Bullish Surge Based on these patterns and strategies, many traders are watching Kusama closely. A successful rebound from the shakeout point, combined with the descending wedge pattern, may serve as a springboard for a bullish surge. Trading Strategy: Preparing for Opportunities For traders, Kusama's current situation offers the chance to prepare for possible trading opportunities. Whether you're a seasoned trader or new to the game, risk management is crucial in such scenarios. Conclusion: The Potential for a Kusama Surge While Kusama's recent market activity has included a shakeout strategy, there is reason for optimism. The descending wedge pattern suggests the potential for a bullish breakout, and for traders, this translates into the chance for profitable trades. 🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis ❗See related ideas below❗ Please share your thoughts and insights on Kusama's price action. 💚🚀💚
Long
by Yaroslav_Krasko
KSM/USDT Break the key area. Upward Momentum for KSM ???💎 KSM has certainly captured the market's attention. As of now, KSM has successfully breached the supply zone and is in the midst of a retest, with the previous supply now acting as a demand zone. For KSM to sustain its bullish momentum, it needs to find support in this demand area and Probability aims for the next supply targets. 💎 However, if KSM struggles to hold above this demand zone and breaks below, it could signal a bearish shift. In such a scenario, KSM might target the subsequent demand level at $18.34. This would be a critical juncture for KSM, where it either bounces back towards the $20.51 mark or risks a further decline towards its primary support zone.
by MyCryptoParadise_Nathan
2
KSM/USDT Bouncing on the Support Level, Ready to Upward ??💎 KSM has undoubtedly captured our attention. It's currently navigating within a Broadening Wedge formation. Historically, after touching the pattern's support trendline, KSM has shown a tendency to rebound and progressively approach key resistance levels. 💎 For this bullish scenario to play out, KSM must surpass the supply mark at $16.37 and sustain a close above it. Achieving this could pave the way for KSM to target the major resistance zone. 💎 Conversely, if KSM struggles to breach the $16.37 supply point, it might either pull back to a nearby support for another attempt or trend downwards towards a critical support level.
by MyCryptoParadise
KSM, getting ready for hefty price growth!KSM has corrected significantly from its golden era where it peaked at its ath at 519, then have continued its massive trim downs till the 16 area. Now on weekly data, an important weekly shift on price has been spotted. A trendline kiss is about to transpire signifying an important long term crossover of trend. Progressive hefty net buying has been registered at the current range -- cementing this low base for its incoming series of ascend. Expect some weighty upside movement from the present levels. Spotted at 18.0 RR ratio on this one looks too good to be missed at 30x base from its last peak. The blackbird (from its logo) is about to take flight soon. TAYOR. Safeguard funds always.
Long
by JSAL
1
Kusama KSMUSDT Analysis: A Opportunity UnfoldingKusama's chart paints an intriguing picture for both swing traders and crypto enthusiasts looking to fortify their portfolios. The formation of an Inverted Head & Shoulders pattern signifies a potential upward surge. This pattern, residing in the $20.0 range, holds immense significance. It not only marks a major downtrend resistance but also represents the neckline of pattern. Adding to the potency of this setup, the RSI indicator has crafted a bullish divergence between the left shoulder and the head of the pattern. This divergence not only validates the pattern but also underlines its strength. However, a word of caution: while the market excitement might push you towards FOMO, it's crucial to maintain a balanced approach. The ideal entry point lies at a clear breakout, reinforced by solid volume and supported by rigorous risk management. In summary, this juncture presents a golden opportunity, ripe for those who tread wisely and decisively. Watch the $20.0 level closely; it's the gateway to a potentially profitable trades. Stay vigilant and trade responsibly. Peace out. 🚀💹
Long
by ArShevelev
1
KSM/BTC - Kusama: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the NYSE:KSM / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.000817 | 0.000841 | 0.000895, and the major support zones can be found at 0.000763 | 0.000733 | 0.000679. Consider entering at the current price zone of 0.000805 and targeting higher levels. ◰◲ General info : ▣ Name: Kusama ▣ Rank: 155 ▣ Exchanges: Binance, Kucoin, Huobipro, Mexc, Bittrex, Kraken ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Kusama is an early, experimental version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.000805 ₿ ▣ 24HVol: 1.770 ₿ ▣ 24H Chng: 2.417% ▣ 7-Days Chng: 3.45% ▣ 1-Month Chng: -11.98% ▣ 3-Months Chng: -20.75% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.000817 | 0.000841 | 0.000895 ◢ Support: 0.000763 | 0.000733 | 0.000679 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -3.23 ▣ Last 90D: -1.30 ▣ Last 1-Y: -0.89 ▣ Last 3-Y: 0.85 ◲◰ Volatility : ▣ Last 30D: 0.44 ▣ Last 90D: 0.60 ▣ Last 1-Y: 0.80 ▣ Last 3-Y: 1.35 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.64 - Bullish ▣ Reddit sentiment score is 0.58 - Bullish ▣ In-depth KSMBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
KSM/USDT Preparing For a Big pumping ?? Kusama Analysis Today💎 Hello Paradisers, here's a coin to keep an eye on! 💎KSM has successfully broken out of its descending channel and is currently aiming to pierce through the supply zone. 💎If it faces resistance and can't push through, there's a high chance it might descend to the Bullish Order Block. Historically, touch on this OB often results in a significant upward surge. 💎For the entry, consider either jumping in after a decisive breach of the supply or patiently awaiting a touch within the Bullish OB range of 22.90 - 22.10, especially if the supply proves too formidable. 💎Stay sharp, ParadiseSquad! 🌴 Re-evaluate your strategy if KSM ends the day below the 20.90 threshold.
by MyCryptoParadise_Nathan
#KSMUSDT Navigating the Range with Promising Upside Potential💎After a period of range trading, #KSMUSDT appears to have established the boundaries of its trading zone. Currently, the price finds itself near the lower end of this range, with the demand zone forming around the $23 mark. 💎Paradisers, right now the key focus lies on the actions of the #KSM bulls. If they continue to defend this demand zone, it is highly likely that the price will regain momentum and ascend back towards the upper range boundary. The significance of this development cannot be overstated. 💎Now, let us delve into the factors that enhance the probability of an upward move. Firstly, we witness a successful bounce off the demand zone, highlighting the strength of buyer support. Additionally, there is a notable breakthrough above the downtrend trendline, which further reinforces the bullish sentiment. Lastly, today's clear rejection of the 50% Fibonacci retracement level adds another layer of optimism to the equation. 💎Given these observations, it is prudent to assert that the probability overwhelmingly favors the buyers. As the MCP team closely monitors the price action, we anticipate #KSM to embark on an upward trajectory, targeting a double 88.6% Fibonacci retracement level around $26.9. Should this projection materialize, we could witness a notable 13% surge in the coming day or two. Stay tuned, Paradisers and remember, the Paradise Club is here to guide you on this exciting trading journey! 🌴
Long
by MyCryptoParadise