KSMUSDT
KUSAMA- Out of Steam/ I am OutKusama was fun for while it lasted. Probably we could say the same for Polkadot and it's theory of games. I feel both Kusama and Polkadot will underperform versus both Ethereum and Cardano.
Was fun and profitable going in and out but right now I am out alltogether.
One Love,
the FXPROFESSOR
KSM/USDT Is About To Launch Its Rocket 🚀🚀🚀📈 KSM/USDT | Potential Upward Movement
💡 Buy Limit Order @ 204.87
🎯 Target Profit 232.81
🛑 Stop Loss 195.56
❌ Do not risk more than 1% of your account on each trade
Description:
The coin is bouncing inside a bullish flag above the daily support (203.82 USDT). A lower correction could be seen before breaking the pattern to the upside and then we will see an impulsive wave all the way up toward the target profit.
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Kusama $KSM Possible Scenarios - 1DThere are 2 possible scenarios for Kusama ($KSM) that could play out:
1) KSM has formed a Head and Shoulders pattern on the daily timeframe. A confirmation of this would be a breakdown below the neckline level of ~$290. This would mean KSM would slump further. Note: The head and shoulders pattern on the OBV has already played out.
2) KSM could find support around the current level of ~$300. This, coupled with a reversal and a break of the OBV S/R level of ~3.25M could propel KSM to its former highs of ~$530 based on past patterns beginning in early March 2021. If this happens, price is expected to move according to the yellow squiggly line. This may give a possible return of 60%+.
Please note that this is not financial advice but merely an idea.
Twitter: @TraderLH
ARSHAM-KSMUSDT DAILY CHARTWHEN i was looking at the KSM chart i was able to find a double top in it . and since the double top indicates that the market is declining we can say that it drops to 232$ . but we have a support area at same price that if it supported it will reaches resistance area a and if it can cross it sees resistance b
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KSM 1D We see increased interest, where is it worth buying?The Kusama project was created to test other projects before launching on the Polkadot blockchain
A good period in the crypto market allowed the price of KSMUSDT to grow from $25 to $625 in just six months.
In the May fall, the price of KSMUSD fell by -75% from the maximum, which hurts.
But a positive fact is that the KSM token was bought up at large volumes, and now trading is taking place at increased volumes - this is a sign of interest.
Now watch out for critical levels:
It will be possible to think about updating the maximum if the price of KSMUSDT can gain a foothold above $470
At the bottom, the levels are important: $300 and $195 , it is from them that you can try to gain long-term long positions.
If buyers' interest disappears, and the price of KSM drops below $195 , then the fall in the value of KSMUSD may continue to the zone of $80-120 , where in January there was a trade before the growth
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KSM: Bullish Descending Wedge + 4H Hidden Bullish Divergence KSM has formed a bullish descending wedge structure that should begin to consolidate sideways and then breakout to the upside considering we are above the 0.5 Fib Retracement line which is where you look for bullish chart patterns for a continuation of previous trend which is up.
The other noteworthy chart pattern a trader should look for is Hidden Bullish Divergence - which we have found on the 4H chart.
Also - something positive to see is that a previous descending wedge with Hidden Bullish Divergence occurred in February which had a consolidation period before breaking up near 70% of the pattern completion which we are at now in the current descending wedge pattern.
BTC: Bullish 4H Hammer Candle / Fake breakdown due to DowBTC is currently in a small selloff intraday due to the correlation to the Dow which will subside as market makers in the dow are trying to figure out how to handle the long call option gamma on individual stock issues.
This will likely subside as intraday DOW was down 400 pts and is now down only 280. Expect the bullish hammer candle on the previous 4H candle to proceed with bullish influence in the current and next few 4H candles.
This is a time to pick up your favorite alts at a major discount - here are two (twins of each other so really one in the same) I think you should pick up at a discount - KSM and DOT :
My thematic thinking on why you should SERIOUSLY consider selling (at least some) of your Layer 2 scaling solutions cryptos like MATIC and buy DOT / KSM - I know I'm going to get a lot hate here but I will take a position b/c I have conviction here built over time.
Projects like DOT and KSM (and even ADA and LINK) I favor a lot more than MATIC. MATIC fails one of the fundamental major tests of crypto. There are 3
1) Scalability
2) Decentralization
3) Security
-MATIC chose 1 an 3 to start just like $EOS. Most cryptos choose 2 and 3 when they launch like $ETH, $DOT , $KSM , $ADA, etc
-Once you start it's nearly impossible to become decentralized as EOS has shown even though they raised $5 billion.
-In the end my thematic view could be wrong though b/c maybe the market won't care that it isn't decentralized like BNB but I think in the longer run this will matter a lot when tokens are priced on all 3 pillars.
-Project like $DOT $KSM $LINK and ADA will be around forever... MATIC will be obsolete when $ADA and $DOT and $KSM are scaled for speed. $DOT / $KSM can do 100k TPS with parachains which are literally launching now - it's honestly really revolutionary technology!
-ADA won't be quite as fast as DOT/KSM but it has a big network of adoption and will continue to grow ... we will live in a world likely where DOT/KSM and ADA will be much bigger than BNB and even ETH in <1 year b/c ETH will be limited by its speed issues which can only be scaled...
-With layer 2 solutions - hence why both Charles and Gavin Wood left Ethereum to make their own blockchains. It's honestly amazing how $DOT/KSM are not receiving nearly the same attention as ETH or even ADA at this point in time as Parachains will have 100K TPS scaled to 1M TPS!!!!!
Click the Link below to see where I project KSM to be priced at by end of cycle (supported by data) $6,400!
KSM: Bullish Descending Wedge PT1 $540KSM is in a bullish descending wedge structure on multiple timeframes and a breakout if it is to occur - which I have high confidence in considering BTC printed a 5D DragonFly Doji candle on June 10th and should last with bullish momentum for the next 3-6 5D candles.
The first target is the top of the wedge structure at $540. From here we will have to revisit our assumptions and re-evaluate BTC.
The Fibonacci Timezone suggests that June 20th is a key date and could be when we see the PT1 hit for KSM.
At current prices this trade offer 46% upside in a matter of days if target is met.
There is also Hidden Bullish Divergence on daily TF still - price made a higher low and RSI made a lower low.
KSM/USDTI think all of you are familiar with kusama, so I decided to give you this setup.
Please don't forget about RM.
We entered the area of interest, retest of the last removal, pinchik, diver, it seems not bad, we are trying. I have been waiting for this TVX for a long time, not to miss it.
Enter: 365.11 at 7%
Stop: 340.51
Target: 484 - 590 - pass
Risk ˜0.5%
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