KSMUSDT✅ KSMUSDT got on a rally and pumped up today. too many people might have got into it out of FOMO, but there are still some chances to profit. there might be a downtrend now that the price is pushing the resistance, but in my opinion, it'll get support around 245-260 and go back up again.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms. it might go down by a little and then get back up to a new high.
KSMUSDT
KUSAMA 4h walking upwards, as usual!Technical analysis regarding the price of KUSMANA in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price moving upward, within that bullish channel. It is respecting several levels of the Up Trend Line (we can even design a channel, with parallel lines)
RSI> 60 and gaining momentum, along with MACD with large buying mass driving the price up!
I believe that in the next scenarios we will have new highs in this very promising cryptography!
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*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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$KSM waiting for breakout and retest- waiting for breakout and retest of resistance
volume is great
Large market Caps ---> Mid Caps
- overall bullish on this one
expecting go a lot higher with coming news (release of parachain auctions, etc.)
may go parabolic (FOMO)
- supply 10 M
- Market Cap 2Bn
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KSMUSDTPrice trending since Febuary 15th with higher highs and a higher lows. Looks to be a good trade with price now retracing to the 50% fibb line of the B-C move with confluencw with the Febuary trendline, momentum begining to shift to the upside indicates potention price movement higher to the 127.2% fibb extension of the A-B-C move.
KSM Has lots of red volume and a sell signalToday the market has been experiencing a correction. We are still on the very beginning and then correction so there are a lot of short opportunities.
My most accurate buy and sell signals in the ichomoku cloud
Conversion line/Base Line = Short
Base Line/Conversion Line = Long
KSM/USD - Breakout to $160! 🚀KSM has broken out from this channel which is very bullish. I expect us to test $160 levels fairly soon! 🚀
The indicators on daily are looking great and MACD just had a positive cross with good volume, this is very bullish.
The next significant resistance is just above $160 which will likely stop us in our ascent for a while, but I don't expect it to keep us down long as the market is very bullish and KSM is a great coin with a lot of potential. I see us go to $400-$500 longer term.
Should we be rejected sharply at $160 we have good support at $120 as of right now.
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KSM.USDT (Y21.P1.E1).Another breakout formationHi All,
I'm see this pattern a lot with some ALTs and some have already broken out of it, eg. ADA, BLZ, etc
MY THOUGHTS:
Structure is likely completing a ascending triangle with 2 touches to the top for the breakout.
Indicators show upward pressure, on the 4 hrly.
8 HRKY looks good on the indicators
Liquidity is OK on Binance, 11 million today.
How to trade this?
I would go to the lower time frames to see a trend\cradle setup and\or wait for the breakout.
All the best,
S.SAri
Lower time frames - looking for an entrance. Its possible that this bearish div can push it down deeper.
Hence better to wait for the break out to a new higher low.
8 HRKY looks good on the indicators
KSMUSDT LongKSM looks primed here. Downtrend Break out followed with a retest. Support seems to have been clearly established and I am expecting its next leg up to happen very soon providing bitcoin doesnt take us out. RR is very good with this one. Small Stop as we are close to structure.
Good Luck and happy trading.
KSM/USD - Buy opportunity incoming!KSM is currently correcting like all the market and will present a good buy opportunity at the support line of this massive ascending channel.
The support line at $75 is likely to hold as we will be at the channel support, 50 Moving Average support (in yellow) and local support line as indicated by the Fib level.
Therefore buying anywhere under $80 up to $70 seems like a good idea.
If we break the channel down, then we may fall to low $50, but I find that unlikely unless BTC crashes to 20k or so.
Make sure to set limit buy orders to catch any wick if you are confident in this idea!
One area of concern is the weekly timeframe where we have a massive bearish divergence on RSI. Hard to say how this will resolve.
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