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KSM

#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
What is Kusama or KSM?So what exactly is KSM? As an analyst I really have no idea as the chart is final culmination of the opinions of buyers and sellers. If people want to feverishly buy and drive prices up of a pet rock they can. Kusama may be a solid project and may have excellent fundamentals but honestly we are not here for the tech and as a reader if you are intellectually honest you are here for the price appreciation not the tech. If we are honest about it block chain ledgers including btc work just as good at $69.00 a unit as they do at HKEX:69 ,000.00 a unit and unreal evaluations simply wont last forever. With that said here we are looking simply at the assets price chart. Its is final end all of of all buyer and seller decisions. This chart is a daily line chart measuring equalites to past price appreciation. Each point an angle line meets the outer edge of the circle marks a significant price level and point in the buying and selling cycle based off of past data. These price levels and time cycles may or may not occur at the same time they are the product of past averages. Trade accordingly. We are currently dollar cost averaging into several assest as we have already had a massive down trend, massive recovery rally, and now braking down. Typically in this situation we see a macro lower high and then the realy run. BUY IN THE RED WHEN RISK IS LOW SELL IN THE GREEN WHEN RISK IS HIGH
KLong
by Degen-Dynasty
Kusama (KSM) forming a bullish BAT for another bullish reversalHi dear friends, hope you are well and welcome to the new trade setup of Kusama (KSM) coin with Bitcoin pair. Previously I shared a long-term trade setup for KSM, which is still in play: Now on a 4-hr time frame, KSM is about to complete a bullish BAT move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
KSMUSDTKSM felt the Fed's decision to raise interest rates by 0.25% yesterday and hit 31.78, and quickly recovered, and is even on the verge of breaking the bearish channel. At the moment, it is in the Upper of the VWAP and can pull back to the VWAP at 33.43. Key levels to watch today are found at 31.78 which was yesterday's low and high at 37.99. Trading Volume: Sustained selling volume over the past week has seen Kusama make lower lows, forming this bearish trough that should be broken later today. RSI: The RSI IN 1H is quickly approaching the buying area, which means that there may be a cooling of the buying forces. Main support levels: 33.43 / 32.59 Main Resistance Levels: 34.28 / 34.74 The bias for KSM is HIGH.
Long
by ferulianov
Kusama (KSMUSDT) has good growth potential to values of $65.00Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000. Altcoins currently have good entry points for a mini alt season. I have selected coins that are interesting to buy in this mini alt season and that have potential for growth. — The coin KSM is a buy point at $39.00 — The zone KSM for profit-taking is $65.00
Long
by UnknownUnicorn285026
KSMUSDT 6HKSMUSDT 6H Keep investigating your price fairness band, right now in the formation of wave 1 of Elliot. It is possible that this wave 1, it can reach the alvo of wave 3, which is at 50 (daily it is on wave 3) A very high-octane altcoin, KUSAMA is a zero-layer blockchain that allows the creation of any blockchain with any type of consensus We follow the supports and resistances no 6H: Main support levels: 41.86 / 37.54 Main Stamina Levels: 46.44 / 49.81 MACD : Optimistic RSI : Exhaustion of buying forces EMAs: Optimistic
by ferulianov
$KSM/#BTC [#Kusama]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $KSM / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.001598 | 0.001731 | 0.001944 and the major support zones are respectively at 0.001385 | 0.001305 | 0.001092. It is a bullish indication and we may consider entering at the current price zone at 0.001782 and targetting higher levels. ◰◲ Technical Metrics : ▣ Current price: 0.001782 ₿ ▣ 24H Volume: 43.975 ₿ ▣ 24H Price change: 7.349% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.001598 | 0.001731 | 0.001944 ◢ Support: 0.001385 | 0.001305 | 0.001092 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.50 - Bullish ▣ Reddit sentiment score is 0.32 - Bearish ▣ 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! ▣ 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
by Crypto2AF
#KSMETH - Breakout of Significant ChannelWe've seen a strong move upward with many coins in the last 48 hours or so, causing many Shorts to liquidate out of the market, but this gives us an opportunity to reach new heights! Assuming this upward move is the breakout it looks to be, we've got a really healthy gap between current price and the next few levels of resistance within #KUSAMA - 15% to first resistance, then 30%, followed by a massive 50%! If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster should not be considered as professional financial advice ✌️
Long
by theCrypster
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