KSM USDT |+80% Potential Profits#KSM-USDT
Entre from 260 to 250✅
The recommended capital is no more than 5%
Total Risk is 1% from the wallet
Targets:
- 287 USDT
- 330 USDT (sell at least 50% on this Huge Resistance may stop bulls from climping up more)
- 298 USDT
- 277 USDT(assign very small amount for this target)
Stop-loss:
Close Weekly candle under 212
🌹Don't trade without risk/capital management and Stay Safe 🌹
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See available trades to enter on Related Idea section
KSM
EVER HEARD OF THE SEX GODESS NAMED POLKADOT???Greetings fellow Traders,
Today we consider the trading pair DOT/USDT
Looking at the chart above us, we can see that ever since DOT was listed(or after the rebrand at least), Price has continued to respect an ascending Trendline while forming a Ascending Triangle pattern in the process.
Currently Near Support of the trendline, and still in it's Larger Wave 2 correction, Price seems almost bottomed out.
Taking a look at our RSI, ever since the wave 1 top & price hiting our triangle resistance, a bearish divergence was formed, sending both price action & our RSI into territories for a buying spree, most notably the RSI into the oversold region and price into accumulation.
Should that same pattern repeat itself (and it looks just as though it might), we can expect one last retracement to the trendline support before gearing up for another impulse wave move to complete wave 3.
Take profit zone is calculated by taking the length of the triangle from start to resistance and placing it ontop of the triangle, along with some other confluences on the fibonacci tool.
Trade Idea:
--DCA your way down to triangle support
--Target PROFIT ZONE for quick gains
--HODL the rest until strong price rejection.
If you agree with this idea, pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated!
LONG KSMUSDT | LONG KSM / USDT | Elliott Wave ImpulsiveThis can be an opportunity to take advantage of the last wave of the impulsive Elliott Wave Pattern.
Entry Price: 308.7
Target Profit: 347.7
Stop Loss: 302.6
Ratio Risk / Reward ≃ 6.30
Potential Profit: 12.54%
This could be a good opportunity associated with a margin position as the ratio risk/reward is good.
KSM - Long-term & Short-term RoadMap!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Long-Term:
KSM is trading inside this giant symmetrical triangle in brown.
As per my trading style, I will be waiting for a third swing to form around the upper brown trendline to consider it valid then buy on its break upward. (projection in purple)
Short-Term:
As KSM approaches the lower bound/brown trendline, I will be looking for buy setups on lower timeframes. Any bullish reversal setup like a double bottom, trendline break, and so on...
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KSM/USDTKSM has flipped the RSI trend on the daily chart. However, the price is still unable to break 100 Daily EMA. This gives us nice #BuyTheDip. BTC is looking shaky still in the range between 20 -50 weekly EMA. Therefore watch out for stop hunt no need to rush slowly dca.
On balance volume give's a hint once btc cool of i see KSM doing well
Expected retrace 280 – 297
Key 250$ must hold!
KSM Kusama Pullback LONG !KSM Kusama seeing some great resistance as the confluence of 50, 100, 200 EMAs around the 330 price level.
Price action showing long bearish wicks at this area, validating this area as strong resistance.
We look for a pullback down to the fib retracement of 0.618 @ 290 - 300 price level (white zone)
SL below the bullish wick of 23 Dec @ 267.5, where going below this level will give us invalidation of higher lows.
TP 1 @ 330
TP 2 @ 368
Do like and comment your thoughts if you liked my content, follow me for fast updates on any real time trades.
Thank you for your support!
the testnet of Polkadot is over!crab harmonic pattern:
X1=$37
AB=0.38 XA
BC=0.88 AB
1.6 BC=$7.86
2 BC=$12.18
2.24 BC=$16
0.78 XA=$17
0.88 XA=$24.58
2.6 BC=$24.72
1.13 XA=$60
3.6 BC=$77.72
1.27 XA=$101
4.23 BC=$157.78
1.41 XA=$167.8
1.6 XA=$360
X2=$13.4
3-4=0.38 X2-3
4-5=0.88 3-4
1.6 4-5=$66
2 4-5=$40.9
2.24 4-5=$30.16
2.6 4-5=$18.66
3.6 4-5=$5.24
KSMUSDT Price Update & TARight now KSM is ranging inside an ascending triangle which is a bullish sign and if break the resistance at 308$ level probably can see a good pump on KSM. the target for this triangle is at 345& and if we see the daily chart it's also forming a falling wedge which is also a bullish sign. levels to watch for resistance are 383$ and 439$. but if it breaks down it could find support at 214$ level.
Kusama Exit strategyKusama will like do quite well since its going to be testnet for Polkadot, Very likely the Parachain autions will push the price to 5x against bitcoin.
I think there a tone of money to be made expecially when Defi launches on Kusama, of course I expect big liquidity mining programs on a fast and cheap network
KSM potential to increase 100% to 190%#KSM/USDT
$KSM hold above long term ascending support that is the same with 0.618 fib level of last swing high.
it is possible to have another leg down to touch 0.786 fib level that is the same with a major support zone.
by the way if price bounce from here or $223, it will go up to ascending trend lines to reach $650.
ETH won the 21 weekly and is now tryin to win the 8 weekly but..ETH won the 21 weekly and is now tryin to win the 8 weekly but if BTC looses 49k expected a free fall.
I pointed out that ETH was about to get more Dominance over BTC on my past analysis underneath on ETHBTC, and it happened beautifully after the dump, but the target is still far away.
The thing is, BTC is trying to gain support over the 21 weekly right now, but if it get reject we can go into another huge liquidation.
Manage your risk accordingly, and only use money that you can loose for the moment, when BTC gets over the 21 weekly strongly again we can start to increase exposure.