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Ksmlong

#KSM/USDT#KSM The price has been trading in a large bearish range since the beginning of the year Recently, the bearish pattern was broken strongly The rise is expected to continue for the coming period From current price 21.65 $ With a target of 43.93 $ That is, approximately 200% expected goal Supported by oversold MACD and high volume and as usual follow your trading plan and manage your risk. Be patient and good luck! If you like this kind of analysis don't forget to like and follow
Long
by CryptoAnalystSignal
#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 ✌️
KLong
by theCrypster
2
KSMBTC - Broken Trend, No Power Move Yet!A few weeks back KSM made a strong move upward and out of the trend line it's been ranging underneath for some time now. Since this break we haven't seen a large movement either upward or back under the trend line - we seem to have entered a phase of consolidation at the current price range. We have received a Buy signal from CTv2 so we're feeling pretty confident that the price will be heading upward soon, we've illustrated 3 potential TP zones above, at 5%, 15% and 25%. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KLong
by theCrypster
4
KSM-USDT - LONG FALLING WEDGE***What is the Falling Wedge? .................................. The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend. This article explains the structure of a falling wedge formation, its importance as well as technical approach to trading this pattern. Where Does the Falling Wedge Occur? The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pull back, two converging trend lines are drawn. The consolidation part ends when the price action bursts through the upper trend line, or wedge’s resistance. One of the key features of the falling wedge pattern is the volume, which decreases as the channel converges. Following the consolidation of the energy within the channel, the buyers are able to shift the balance to their advantage and launch the price action higher. there are three key characteristics of a falling wedge pattern: 1- The price action temporarily trades in a downtrend (the lower highs and lower lows); 2- There are two trend lines (the upper and lower) that are converging; 3- There is a decrease in volume as the channel progresses. The first two elements are mandatory features of falling wedge, while the occurrence of the decreasing volume is very helpful as it adds additional legitimacy and validity to the pattern. It may take you some time to identify a falling wedge that fulfills all three elements. *** What the Falling Wedge Tells Us? ...................................... The falling wedge pattern is a technical formation that signals the end of the consolidation phase that facilitated a pull back lower. As outlined earlier, falling wedges can be both a reversal and continuation pattern. In essence, both continuation and reversal scenarios are inherently bullish. As such, the falling wedge can be explained as the “calm before the storm”. The consolidation phase is used by the buyers to regroup and attract new buying interest, which will be used to defeat the bears and push the price action further higher. Hence, a falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place. ***Trading the Falling Wedge? ...................................... Paying attention to volume figures is really important at this stage. The continuous trend of a decreasing volume is significant as it tells us that the buyers, who are still in control despite the pull back, are not investing much resources yet A break of the wedge to the upside has to be confirmed by a daily close above the wedge, which is exactly what happens. At this point, you have two opportunities: 1- You enter a trade as soon as the close occurs 2- You wait for a potential pull back for the price action to retest the broken resistance. The first option is more safe as you have no guarantees whether the pull back will occur at all. On the other hand, the second option gives you an entry at a better price. In this case we will go for the option number one. A stop-loss order should be placed within the wedge, near the upper line. Any close within the territory of a wedge invalidates the pattern. Finally, you have to set your take profit order, which is calculated by measuring the distance between the two converging lines when the pattern is formed. This way we got the green vertical line, which is then added to the point where the breakout occured. Thus, the other end of a trend line gives you the exact take-profit level. I will Post Trade When trade is active for me. *****GOOD-LUCK*****
Long
by Mahdicryptodotma-pro
KSM has a long long way to gowell well. we rarely see a golden cross on KSM on daily, guess when it happened last? this week only :) KSM is an exception in Alt coins, it has limited supply and most of it is locked in parachains or in staking, So once it picks momentum, it is really hard to stop it! If bitcoin is all good, i mean it doesnt decide to end this bull run, You can expect stable and long term gains from KSM, put it in staking and relax lol Cheer 🥂 Your feedback or opinion is appreciated. Comment down :)
Long
by abhinxx
1
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (482.67). . 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 71. Take Profits: TP1= @ 569.90 TP2= @ 628.41 TP3= @ 711.50 TP4= @ 790.00 TP5= @ 911.63 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
9