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KSMUSDT

KSM over $600!KSM has been on a complete tear since last November when we entered the current upwards trending channel. Even through long periods of very high RSI the price continued to move up. However, KSM did not have a good April and slid back to the lower end of the channel. The RSI bouncing (circled on the chart) as well as the MACD crossing the signal line tells us that a reversal to the upside is on its way. Additionally, we have now had two daily closes above the .236 level. As well as two daily closes above the 50 day moving average. All very bullish signs for $KSM. I'm looking for KSM to get up to $600; the middle of the channel, and the .618 line. Secondary target would be around $800 is the RSI doesn't go too crazy or if BTC does has a dip that brings the whole market down. Stop loss at a daily close under the lower end of the channel. Have fun! Trade at your own risk
Long
by zsamochin
2
Kusama ready to flyKSM has been in a mega uptrend vs BTC for a long time, an especially vs USD. This year it made a new ATH vs BTC and currently it just retested some key levels both vs BTC and USD. It is now back above its 50 DMA and the monthly P looking very strong. Could easily hit R3 relatively soon. In my opinion Polkadot is also bullish which is definitely a plus! Maybe Polkadot and Kusama get listed on Coinbase together and we get a nice pump for both when that happens.
Long
by BitcoinMacro
1
KSM: This Birdie Is Ready To Fly (E X P E C T C H A O S)The Bears reached the exhaustion point on the 25th of April, as indicated by the reversal on the MACD and the RSI moving out of the Oversold region. Currently, on the daily chart, we can clearly make out a Symmetrical Triangle. Trading on this formation is done by measuring the distance between the high and low, and placing it on the breakout/breakdown of the formation. So, by finding the resistances and a Fib on the Triangle's H&L and another on the local trend, we can find some "realistic" price targets. ENTRY: 434.93$ - 445.34$ TP1: 480.94$ TP2: 564.10$ TP3: 658.50$ TP4: 743.10$ SL: 388.40$ PLEASE NOTE : Wait for a daily close above the formation before entering.
Long
by GondolaCharts
4
KSMUSDT - Kusama --> Emtry for 20%+ ProfitsFirstly we need to look at the fundamentals behind this trade: DOT (Polkadot, #8 ranked crypto) is gearing up on KRAKEN exchange to go live with slot auctions for parachain. Kusama is one of the top projects people believe will be getting a parachain slot. Kusama acts as a testnet for new projects on DOT, an essential piece of the ecosystem puzzle. Basically what we have here is buy the hype, sell the news. DOT have been talking about parachain auctions for a while, the fact KRAKEN exchange twitter is finally starting to pump out some marketing about it... I think we are close. Now that BTC has pumped, if we don't dump like the dickens, then we have fantastic conditions for a KSM (and also DOT) bullrun. My trade is measured for short term profits, imho if you get in and up 10% in this trade... HODL! Just hold on, I think the play needs to be = let it ride. -=-=-=-=-=-=- KSM TRADE -=-=-=-=-=-=- BUY: 400 to 405 TARGET: 500 STOP: 5% however you need to see how it retests trend line, if it does. -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #45 Market Cap = $3,467,196,719 Polkadot Ecosystem Supply: 9,651,217 --==--==--==----==--==--==--
Long
by tommytoan11
KSM: stairway to heaven (or 600$)Kusama has been in a heavy correction after a strong run, currently KSM is heavily undervalued at a marketcap of 3bn! At its high that was about 5bn but even that is just nothing compared to the likes of DOGE with 34bn... Sure not to be compared but in the long run real technology that is developed with and on Kusama will be used on a wide scale through Polkadot. I project KSM to be a top 20 project by the end of the current bull run and staying there... Currently that means a market cap of at least 7,5bn but we are in a dip so by the end of the bull run that would mean at least double; 14bn. For KSM that would mean a 4x to 5x increase in price in 2021. Likely so; as projects like KSM, DOT, LINK, ETH and BTC will be the most popular amongst institutional investors thinking in the long run; not a short pump. Right now, KSM is on the verge of a breakout; when we clear the resistance cluster and find support in the orange zone we climb the stairway to heaven; to a new ATH of 600$ and beyond...
Long
by cryptobullethbtcxlm
7