KSM resistance and trendline breakoutKusama broke the resistance trendline and retested it, and is now approaching the 4h resistance zone
If it closes the 1D candle above the 180 level, we can consider a nice LONG order with 200 as the target
my stop loss will be around 167 if this scenario is confirmed
let me know what you think about this ↓
KSM
KSM performing well despite the choppy seasKSM has been holding up well despite the choppy seas. Would like to see more volume on these moves, but i guess that could always apply.
Can see from the fib touch we have bounced from the bottom. I think a great place to put a buy order now would be on the 0.88 line or 88% higher low line on the longer time frames.
Bearish divergence on the 4hour so would expect a retracement.
KSM - nice looking Candles Hi guys ... KSM looks bullish if 114 keeps as support and we break above 130 we will reach 100% gains ...
under 115 is stop loss keep calm and stay bullish also US rates are higher this year will be crypto BOMB
KSMUSDT Long Setup!KSMUSDT Technical Analysis update
KSMUSDT currently trading at $134.42
Kusama formed a symmetric triangle, if the price breaks above the triangle resistance we can expect a good up move.
Swing trade setup
Long Entry: Above $136.50 (only buy if the 1h candle closes above the triangle resistance line)
Stop loss : $120.50
Target 1 : $143.50
Target 2 : $154.00
Target 3 : $175.00
Target 4: $195.00
Thanks
Hexa
By the end of 2022, will KSM investors reach $500 again?Kusama coin is consolidating in a horizontal range, where $140-a resistance and $115 seem to be a support area.
Today, the KSM coin price jumped above the 20-day moving average, which stood to be a resistance line.
However, today the bulls managed to keep the KSM coin price above the 20-day EMA in the context of the daily price chart. The rest of the moving averages, such as the 50,100 and 200 MAs, are well above the current price of KSM. Meanwhile, the coin saw an incredible change in volume of 153% over the past 24 hours, indicating that the coin is attracting investors. Also, the volume to market capitalization ratio is 0.06806.
Moving Average Convergence Divergence (MACD) has generated a bullish crossover from negative territory in the context of the daily price chart. Furthermore, Stoch RSI is enjoying a roller coaster ride but the indicator still appears to be bullish above its half-level (50-point).
The bulls need to immediately break the $140 resistance; then, there is only one bullish hurdle standing in the way of the $150 short-covering. On the other hand, if the bulls fail to propel the price of Kusama coin higher on a daily basis, the bears will again initiate panic selling.
Support level - $100 and $60
Resistance level - $150 and $200
Excellent reward coefficient in KSMHello dear friends
What the chart tells me is that the price is involved in large fluctuations in a non-parallel channel. So what can we do to make a profit ???
It is enough to enter the deal in the ceilings and floors after getting the return confirmation and stay with it until the specified ceiling and floor. This chart model is one of the least risky charts.
******Appropriate entry points for supports and resistances according to the chart*******
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Be generous and rich.
Kusama Repost- i made this chart in Euro because the trend seems more clear than USD.
- Just convert € to $ if u want to play it in Dollars.
- will post in comments older analysis.
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Trading Plan
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Buy Zone : Now ( 140 - 145 €)
TP1 : 260 € (Security TP + Older Demand VP resistance )
TP2 : 380 €
TP3 : 700 € ( Long Term )
SL : under 120 €
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Happy Tr4Ding !
KSM Big SupportKSM is testing the Neckline of a massive Double Top from a year ago, which makes it a very strong Support channel.
A few targets within the weak descending channel:
Target #1 = 165
Target #2 = 161
Target #3 = 158
Target #4 = 156
SUPPORT DAILY = 156 to 141
Once KSM reaches the Support Daily/Neckline, watch out for turbulence. I'll consider entering after it breaks down the Neckline. If this thesis holds, KSM will be in freefall.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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HUOBI:KSMUSDT
BINANCE:KSMUSDT
FTX:KSMPERP
BYBIT:KSMUSDT
KSM, keep an eye on this trend line.A trend line can be identified on the KSM chart. At the moment it is resistance. In case of squeezing and breakout, there could be a good buying opportunity. I would also like to note that there is high volume on the bottom, which is a positive signal.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Kusama (KSM) formed big bullish Shark for upto 322% rallyHi dear friends, hope you are well and welcome to the new trade setup of Kusama ( KSM ) coin.
During the previous market crash, KSM formed a bullish Shark pattern, which I shared as below:
Now during the current drop, on the weekly time frame chart, KSM has formed a bullish harmonic Shark pattern for a big bullish reversal move.
KSM/USDT - Potential 174% SetupHello Traders!
KCM is correcting along with the market.
Buyers support the range of $142 - $193
We can consider purchases in the range of $142 - $162 closer to the support level of $142, counting on a rebound.
The position should be closed with a stop-loss if the price goes under the support level of $93.
The targets are price levels of
$286
$328
$388
Excellent risk/profit ratio.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Kusama - long term tradeI am optimistic on the market in this area, not because this coin gave me profits in the past, but the daily graph is an solid uptrend, despite overall dark atmosphere at the moment... I Love the project, I like what I see on socials and definitely it's my top3 pair in next bull run. Very low Volume, watch out it's going to a bumpy ride!
My strategy: I'm going big on every trade consequently putting very tight stop loss so I can execute that setup again with better numbers instead of being stuck with red bags. Sometimes I might catch stoplosses 2, 4, 6 times before reaching TP.