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KSMUSD

KSM in the flag pattern.Parachains are up and running and Dot is on the verge of Price-discovery; Kusama is Bullish than ever! It's currently unlikely to break the resistance Now is the time to buy and hold. But when it was in the support zone. personally have already bought it and as long as it's on this Sideway channel, I'll buy more KSM within the support range and sell some of them in the resistance Until it breaks resistance upwards. Please Note: Nothing is certain and the final decision is Bitcoin! So always put SL or take some profit.
Long
by CryptoSideway
KSM/USDT : Cup and Handle formed, $660 is programmed !BINANCE:KSMUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #KSM has formed a Cup and Handle here, Also there is a breakout on the higher resistance zone. - We had failed breakout earlier but this time might have more proven bullish momentum because of Cup & Handle. 📑 Target of the pattern will be 227 unit growth and it'll give us the minimum target of $660 ( 52% growth ). - Also FIB extension's target on 0.50's level is located near above to $660 ! But what is Cup & Handle and how it works ? A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. It is worth considering the following when detecting cup and handle patterns: - Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms. - Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern. - Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high. 🔴 On this such charts, You can set your SL below the broken resistance zone as 2-3 candles close to avoid the LOW R:R and possible Stop-Hunts ! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
28
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (385.1). . 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 56. Take Profits: TP1= @ 406.6 TP2= @ 417.1 TP3= @ 425.2 TP4= @ 443.0 TP5= @ 455.6 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
16
KSMUSDT continue Upward TrendHello guys i shown you everything in chart i think there is no need explain about the chart and how to take position but one thing is about fundamental of KUSAMA and DOT These two can grow more more and more in future because of fundamental and i think after the auction of parachain we can see the new ATH of both of them The best zone for buying and take long position for futures is red zone that shown on chart we need more knowlegde about what we are buying in crypto Good Luck Abtin
Long
by Abtin00
KSM: TECHNICAL ANALYSIS AND FUNDAMENTAL ANALYSIS GO TO WARTechnically, KSM is poised to commence a rally towards previous ATHs. MACD is showcasing a bullish cross. Stoch RSI is divergent and bullish. RSI has room to delve deeper into overbought territory. Volume is significantly higher than the previous rally that was kickstarted back in February. However, fundamental analysis dictates that "Buy the rumor! Sell the news". Last time around, the price action played by the book. Will it this time? It's everyone's guess. I trust the chart and watch the key levels as usual. I expect a bull rally. My prediction is that the price will assail higher levels; however, this is my personal bias according to my reading of the chart. Definitely, with a break below 267, if confirmed, I'm out. On the other hand, with a break above the red zone (the resistance zone), I expect a massive rally, if confirmed. Always remember, every resistance must be retested and held to confirm a bullish breakout.
Long
by Djawad_Afsharirad
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
KSM GRINDS ITS TEETH FOR A PARABOLIC MOVEKSM has broken and retested a crucial level only to confirm an upward move towards the next resistance zone which lies in the region of 340 - 360. B Bands are expanding along with a cluster of support factors, i.e. EMA50 & EMA 100. The median line is acting as strong support now with all the bullish momentum that the price action showcases. A golden cross is on the verge of passing between EMA 50 and EMA100. It is not always accompanied by bullish price action; however, recent developments of the price action suggest that this cross might boost KSM's chances of an uptrend. The move to the next resistance could produce a 29% profit. Plus, trade at this point offers a decent R/R.
Long
by Djawad_Afsharirad
2