KSMUSDT
The bulls are back! Kusama to 735$ or more! (+80%!)Finally I'm turning bullish and I am accumulating promising projects again, mostly one project in particular: Kusama! Their parachain auctions are coming this week, which means bullishness for the long and short term!
Guys, this is a big opportunity (according to my opinion) because Bitcoin will be in bounce mode for the coming two weeks until the end of the month of June. (most likely) And thus, we can accumulate some specific alt coins which news or a bullish looking chart. My choice? Kusama.
I'm gonna keep it short as i's sunday and I wanna enjoy the weekend but I just wanna give you all this update. The KSM parachain auctions start THIS week! This means in short:
- more buying pressure for KSM from institutional investors and parachain bidders (not too much as most of them already bought loads of KSM ofcourse)
- Kusama will be THE news of the week everywhere
- KSM price will bounce up towards likely $500 mark and with the bullish news, retail will jump on it which can lead us to our breakout target of 735$ and if there is hype even close to 1000$!
- Parachains will kick off soon, which means KSM will be locked AND more and more will be in use (and thus needed) for to run the blockchain
- KSM is the strongest performing alt coin after the BTC crash, it did dump but not as much as others + always stayed above the daily EMA ribbon.
- Confirmed breakout out of bullish triangle + support from the golden pocket (it doesn't get any better)
Remember, Kusama is NOT well known amongst the general crowd but this week is a giant leap forward for them in their "early phase" of their lifespan. With news will come the explanations on why / how and what is Kusama is and how it is exactly the same as Polkadot mainnet, just always one step ahead in terms of innovation. With a market cap of just over 3 billion, Kusama is THE MOST UNDERVALUED crypto project in the entire industry. Seriously, I cant understand retail dropping money in DOGE and SHIBA while you have the Apple of crypto just smiling at you with a 3 bn valuation, lol. Anyways, I have said this many times about KSM and it has been one of my best performing coins as well as my favorite, I sold around the top and now I just bagged up again. Why? Because of just the news? No. I have been waiting for confirmation in the chart. We now have a bullish classic; a triangle breakout confirmed with a retest; turning previous resistance into support. The bulls have never left Kusama!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
KSMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price has dropped from its main channel to the bottom. But in the lower channel that we drew, the price has been able to break its channel upwards with a strong candlestick. But we can see the weakness in the next candle. If the bottom line of the channel breaks upwards and stabilizes, we can enter the trade
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
KSM: PT $675 by Mid-June / $900 by Late June KSM is on schedule to release some of the most advanced technology on the market and the large institutional money is flowing into both DOT and KSM.
KSM is only $3.4B market cap and has a lot of room to run to be properly priced - right now the market is not really aware of the potential of KSM but there will be several large auctions launching over the next 2 weeks on KSM that will raise lots of attention to the network's value.
KSM Parachain Auction Schedule per below:
2021/06/15, 12:00 GMT: First Kusama Parachain Slot auction commences. Bids may be placed.
2021/06/17, 09:00 GMT: First Kusama Parachain Slot auction ending period begins. Only bids made prior to this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered.
2021/06/22, 09:00 GMT: First Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point.
2021/06/22, 11:00 GMT: First Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days.
2021/06/22, 12:00 GMT: Second Kusama Parachain Slot auction commences.
2021/06/29, 12:00 GMT: Third Kusama Parachain Slot auction commences.
2021/07/06, 12:00 GMT: Fourth Kusama Parachain Slot auction commences.
2021/07/13, 12:00 GMT: Fifth Kusama Parachain Slot auction commences.
medium.com
Technicals
1) There's Hidden Bullish Divergence on the 4H chart of KSM - Price has made a higher low while the RSI oscillator is making a lower low.
2) Daily MACD has a bullish cross
3) Daily EMA ribbons are all bullishly crossed (not many cryptos have even a single daily EMA bullish cross)
-This is looking ripe for an ATH high to be made in the next few days - I've made an illustrative path the price could take to end of June - don't take it as verbatim. Anything can happen!
I'm also equally bullish on DOT (see chart below)
KSMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a time frame of 4 hours. The price became a good pump as we expected and we put the signal in the channel. And it touched the targets. The price can re-enter the bullish channel after a pullback to the level of the dashed line, and in case of losing the price, we have specified the support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Going long with Kusama KSMThe title of the article said "Kusama Parachain Auctions", and that was enough for me to jump onboard. I hereby quote from the article:
"The first real-world functional parachain Statemine, began processing permissionless transactions after an on-chain upgrade last week. After some smooth running over the weekend, the time is coming to move to the next stage: slot auctions."
polkadot.network
Technically we have a cup and a handle, and a chance to go parabolically towards new ATH that I have set using FIB R with 50% gains.
Blue line is my entry, green line is my target.
KSM Forecast Idea!Hello my friends
Welcome to this analysis about KSM / TetherUS ,
We are looking at the 4-Hr time frame perspectives. KSM almost Breakout the triangle and can go up to 1.68 FIB . It has the potential. BINANCE:KSMUSDT
In this manner, thank you for your time to take a look at this!
“ Forecasts create the mirage that the future is knowable.”
Information provided is only educational and should not be used to take action in the market. It's all my personal Idea and just wanted to share with you friends!
KSM - $900KSM is currently trading above the support zone of $375 and below the resistance zone at $475. If KSM can break this support, we could start seeing a move towards $522, $650 and $933. Failure to hold the support at $375 could lead to a drop towards $349 and $271. A good idea would be to place long orders at the support of $375 or after KSM breaks the resistance of $475 with a stop loss a little below the support zone of $375.
KSMUSDT Technical AnalysisKSMUSDT is in an uptrend and at 397.79 the Support area we have got a big Green candle which shows the Bulls have stepped in, however we might see a temporary Pullback at 380.00 but it's highly possible that the price goes up again after to Pullback to 452.78
SL @ 348.03
TP1 @ 452.78
TP2 @ 487.25
TP3 @ 553.50
💡Don't miss the great buy opportunity in KSMUSD @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (380.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSDT 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 50
Take Profits:
TP1= @ 452.78
TP2= @ 487.25
TP3= @ 553.50
TP4= @ 624.76
TP5= @ 660.56
SL= Break below S2
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💡Don't miss the great buy opportunity in KSMUSDT @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (380.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSDT 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 50
Take Profits:
TP1= @ 452.78
TP2= @ 487.25
TP3= @ 553.50
TP4= @ 624.76
TP5= @ 660.56
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 ❤️
A possible Adam-EveHi traders,
The green areas are the resistance areas. You see the adam-eve formation. Under normal conditions, the target would be as higher as the depth of the formation. However, the volatility in BTC will not allow us to wait for the target. So,
Always TP at resistances.
Stay safe and healthy ^^.
Kusama (KSM) - More Bullish PA to Continue?Daily Chart - Long Term Outlook!
We can see price hovering around the 400 USD mark, at a key previous level in price.
Will we see more bullish PA on this coin? We have seen KSM perform better than most coins as of late.
What coins are you trading in the crypto markets?
DOT: Parachain Timing, and Bullish TA "W" Pattern FormedDOT currently has printed a bullish "W" pattern which would bring it to the $$35 range based on TA alone. Additionally, we have broken out of the downtrend line and are printing more bullish day by day on the EMAs and MACDs. We will get a bullish daily MACD cross by the time today's candle closes imo. This should hopefully bode well for a "W" breakout to the upside.
Additionally, we have a little more clarity on DOT's fundamentals.
Update on timing with the first Auction to go Live on $DOT
1) As you know Kusama will be first to launch parachains then once stable and the first 5 auctions launch on Kusama (DOT's sister network), the first parachain auction will go live on $DOT by end of July.
Source: www.reddit.com
2) DOT will go live with its first parachain auction by July considering Gavin Wood mentioned that KSM parachain auctions would 'now' launch every 7 days instead of every 2 weeks . Let's see but this is MUCH sooner than what every article is writing "at end of year" and means that most are completely assuming 'end of year' as the first parachain auction meaning none of the benefit is priced in and you're buying at a truly historic discount (see how low in the pitchfork you are buying compared to the projected path) before one of the greatest upgrades in crypto and tech history goes live.
Parachains will run at 100k TPS and scale to 1M TPS with additional parachains and parathreads... this is even faster than centralized organizations like VISA which has a max of 50-60k TPS. Gavin is a pure genius.