#KSM is following a pattern. According to the pattern BIG dump iFocus on chart. I think it will dump and then test the trendline Support. Then we may a huge pump.
KSM
KSM. $66 in June '23 or $19 in Dec '22?The situation is ambiguous. It is likely that the bottom of the market is forming at the moment. Those who are waiting for a fall may not see it. On the other hand, it seems that there has not yet been a complete capitulation... But! Ask yourself, is it possible to draw a parallel with 2019 and earlier? It's definitely hard to say. At the moment, ecosystems are completely different... They are more solid, with a huge number of devs, investments and the desire to create necessary, useful products. And of course, do not forget about the stats from 2018: 90% of the total supply of bitcoin is held by 1%
Have a good day!
Kusama AccumulateWhat Is Kusama (KSM)?
- Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.
- By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
- This is a long term trade, as we remain in bearmarket for now, KSM could enter a long consolidation corridor.
- KSM can be staked in Kraken for 18% (and more exchanges) or Onchain via Polkadot.JS
- Total Supply for Kusama is Total 9,651,217 so his price is far under valuated.
- When you see BB is thinner and thinner a potential move is about to start.
- Remember that all altcoins follow TheKing so if BTC don't move, they won't move.
- i will post my older KMS Chart in comments.
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Trading Parts
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Buy : 40$ ish ( Now )
Rebuy : 25$ ( Max Buy if we have a BTC wick )
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Tp1 : 999$
Tp2 : 1499$
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Happy Tr4Ding !
KSM USDTKSM continues its downward movement. The price is currently testing the $43.00 support level.
Closing below $43.00 will trigger further continuation of the decline.
On the 4-hour chart, this LTB (bearish trend line) appears to be cooling down. The RSI indicator is overbought at 70.44 and looks set to turn down.
The pattern and the comprehensive indicators are bearish, in the short term we need a relevant buying force to be able to reverse this trend.
KusamaBreaking the support, doesn't look good, I think we see this one between Monthly and Weekly level you see on the chart.
KSM KUSAMA price movement predictionKSM with 2 measured moves
( patterns to possibly break to the upside )
currently move above yellow trendline
set alert on white trendline - recommend entry on retest of white trendline
if price gets rejected on white trendline and retraces to around 48.26 , wait for support and enter
trade with stop loss in place
manage risks
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
Kusama (KSM) formed bullish Gartley | A good buy opportunityHi 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 has formed a bullish Gartley pattern.
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
KSMUSDT 4HKSM is trying to successfully overcome the 200-day MA which coincides with the median of the Keltner Channel. It has a fair volume and is currently trying to overcome the Ichimoku cloud on the daily. passing this resistance, it impulsively moves upwards, given its brutal devaluation.
KSM.Usdt (Y22.P3.Video1). macro bearishHi All,
I explain the macro picture and what took place and what is likely to play out.
Also a good video for newbies to pick up tips.
All the best,
S.SAri
$KSM Scalp Long for a ShorttermKSM Create Symetrical Triangle Structure, maybe good for a shorterm.
SL Below FIBO 0.618
TP 49.5-50$
manage you're risk !! Cheers
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.
KSM Key level break out patternKSM Key level break-out pattern
Reasons for entry
- We are in a local bull cycle
- Volume increased at bottom
- Big chance for break up
50% jump just opened 20x long here wish me luck lol. it's getting more synergy and the FOMO will take this baby to higher highs easily IMHO
💡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
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💎 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 ❤️
💡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 ❤️
KSMUSDT CORRECTION SETUPCurrently we saw a big upper move with no strong retracement.
What is to happen now is at least short downwards move to 0.5 fib or 0.618
At 4h you can see CCI divergence that has worked out only 2 of 3 waves.
We also touched golden ratio fib (0.618) at 4h correction move.
Which one outperforms? AVAX KSM SOL ATOMInteresting to see how similar these charts all are.. taking bets.. which will outperform in the short term? My bet is on SOL, just based off a hierarchy of the risk-curve, and it being a higher cap project, thus more visible, and considered a lower risk trade than the others.
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
