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KSM

Kusama (KSM/USDT) Climbing Correctively... WATCH OUT!KSM has been channeling beautifully, unfortunately it appears to be doing it correctively. A pattern like this leans towards a higher probability of connecting to the downside, tread with caution. Two bearish divergences have printed for TP signals on the 4hr TF with the 1st one printing a hidden bull divergence thereafter signaling continuation to the upside. Ultimately our previous uptrend took place on a 4 day tf, and we ended that trend by moving into a 4 day correction on the last drop. This rally has taken us straight into bearish resistance zone on the TDI which should be presumed as a resistance standpoint. If we want to kick up higher, likely this channel will need to end and we'll set in a higher low, followed by a higher high, but currently the indicators don't fall in this direction just yet, we'll need more data to come in to see if we can shift the market sentiment in that direction. Since the previous lows have continuously been defended raised stops below them would be intelligent and alarms set to get notified when they break. As always, not financial advice. I noticed the corrective climbing pattern on KSM and wanted to share my outlook and warning. DO YOU SEE A MORE BULLISH SCENARIO THAN THE C LEG UP I'VE SHARED? SHARE YOUR OUTLOOK IN THE COMMENTS BELOW.
Short
by NewWave_Traders
9
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (62.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . KSMUSD 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 69. Take Profits: TP1= @ 69.5 TP2= @ 73.4 TP3= @ 78.7 TP4= @ 87.6 TP5= @ 104.7 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 ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (62.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . KSMUSD 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 69. Take Profits: TP1= @ 69.5 TP2= @ 73.4 TP3= @ 78.7 TP4= @ 87.6 TP5= @ 104.7 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 ❤️
Long
by ForecastCity
2
KSM/USDT: Direct recovery expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- KSM/USDT: Direct recovery expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets KSM suffered about negative global market situation - KSM is expected to bounce from the current bottom area and triggered the bullish divergence on RSI Market configuration - Graphical Elements : Graphical Resistance = 171 & 420 Graphical Support = 36,5 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market = Bearish RSI indicator (below) is on going divergence but still below 50% = Neutre - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target V (C) B is set at = 36,5 Fibonacci resistance of the wave in progress = 171 Fibonacci Bullish Target = 281 Conclusion Preferred case => Regarding the mid-term element, KSM is expecting to do a bullish reversal from the area we are now. We are bullish above 36,5 towards 281 with an intermediate level at 171. Maximum upside potential at 420
Long
by JeanJean1983
1
KSM Beatiful trendline breakout + Bounce from supportReasons to take short ⭐️ Buyer on BTC ⭐️ We came to liquidity zone ⭐️ Volume increased ⭐️ Price is squeezing to the trendline ⭐️ 3rd touch of support ⭐️ 130 ATR Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
7
KSM/USDT - Potential Short ScenarioHello Traders! KSM continues its downward movement. Currently, the price is testing the support level of $44.00. Closing under $44.00 will trigger a further continuation of the downfall. The result of such movement will be the price exit to $16.82 Medium-term purchases can be considered at $16.82 - $25.93. The targets for such purchases will be the price levels of $44.00 and $63.00 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:KSMUSDShort
by UnknownUnicorn10064030
1