KSMUSDTKSMUSDT is trading in bearish trend.
Recently the instrument was trading in range bound and now it has broke the range to downside.
Will this breakout sustain and price will head to even downside?
KSMUSDT
KSMUSDT in a downtrendHello traders
Let's take a look at Kusama altcoin on 2h time frame.
KSMUSDT remains in a downtrend.
This trend has a high likelihood to continue.
Enter short at the downsloping resitance or if the key support breaks.
Our target for shorts are lows from 15 of June 2023.
Stop loss may be placed at 26,27 usdt.
Good luck!
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KSM/USDT Preparing For a Big pumping ?? Kusama Analysis Today💎 Hello Paradisers, here's a coin to keep an eye on!
💎KSM has successfully broken out of its descending channel and is currently aiming to pierce through the supply zone.
💎If it faces resistance and can't push through, there's a high chance it might descend to the Bullish Order Block. Historically, touch on this OB often results in a significant upward surge.
💎For the entry, consider either jumping in after a decisive breach of the supply or patiently awaiting a touch within the Bullish OB range of 22.90 - 22.10, especially if the supply proves too formidable.
💎Stay sharp, ParadiseSquad! 🌴 Re-evaluate your strategy if KSM ends the day below the 20.90 threshold.
KSMUSDT long scenarioWe expect bullish move on KSM/USDT pair with targets up to $32.49
possible trading plan:
entry 22.45
stop 19.43
tp1 26.09
tp2 28.28
tp3 32.49
Some profit may be taken also on $24.12 and $27.4 levels.
Risk management: main idea is risking nothing more than 1.5% per trade, thus position size will be calculated using the formula:
(Account Size * (Max Risk % X 0.01)) / (Stoploss Price – Entry Price) * Entry Price = Position Size
Kusama (KSM) forming a bullish Shark for next bullish reversalHi dear friends, hope you are well and welcome to the new trade setup of Kusama (KSM) coin with Bitcoin pair.
Previously we caught almost 20% pump KSM as below:
Now on a 4-hr time frame, KSM is about to complete a bullish Shark move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#KSMUSDT Navigating the Range with Promising Upside Potential💎After a period of range trading, #KSMUSDT appears to have established the boundaries of its trading zone. Currently, the price finds itself near the lower end of this range, with the demand zone forming around the $23 mark.
💎Paradisers, right now the key focus lies on the actions of the #KSM bulls. If they continue to defend this demand zone, it is highly likely that the price will regain momentum and ascend back towards the upper range boundary. The significance of this development cannot be overstated.
💎Now, let us delve into the factors that enhance the probability of an upward move. Firstly, we witness a successful bounce off the demand zone, highlighting the strength of buyer support. Additionally, there is a notable breakthrough above the downtrend trendline, which further reinforces the bullish sentiment. Lastly, today's clear rejection of the 50% Fibonacci retracement level adds another layer of optimism to the equation.
💎Given these observations, it is prudent to assert that the probability overwhelmingly favors the buyers. As the MCP team closely monitors the price action, we anticipate #KSM to embark on an upward trajectory, targeting a double 88.6% Fibonacci retracement level around $26.9. Should this projection materialize, we could witness a notable 13% surge in the coming day or two.
Stay tuned, Paradisers and remember, the Paradise Club is here to guide you on this exciting trading journey! 🌴
Ksm Getting Ready For Recovery Towards 100$On Verge Of Massive Breakout Formed Descending Channel In Htfs Incase Of Breakout Expecting Move Towards 100$ Keep Eyes On Ksm For Breakout
ksmIn a hypothetical channel, if we check, the downward trend line has broken at this time and is pulling back towards the bottom of the channel.
The resistance zones identified in the 4-hour timeframe are very important and indicate selling pressure
The numbers that are significant in the case of motion correction are shown with a green line
All this is a personal opinion and not a basis for decision
KsmIf the red lines are crossed, the blue targets are available. If the market wants to correct, I enter the green lines.
KSM IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the KSM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ksmit is broken imp support in the daily time frame. you can looking for a short setup, in the box, or poll back at the end do not forget money management and stop lost
KSM formed inverse H&S PatternKSM formed inverse H&S Pattern!
Wait for breakout and retest of highlighted strong static resistance before buying
KSM ANALYSIS (12H)It seems to have formed a diametric. On the green zone, you can enter and maintain this coin by setting stop and capital management
KSMUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower (im in pos from 27.5)
Targets: 45 - 55 - 63
after first target reached move ur stop to breakeven
Stop: ~29 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
KSM UPDATE (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KSM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ksm Building Up For Massive breakout Seems like Has already bottomed Out And building Up for Massive Breakout
Formed Falling Wedge In Htfs Incase Of Breakout expecting 300 to 350% bullish move
Kusama (KSM) forming a bullish BAT for another bullish reversalHi dear friends, hope you are well and welcome to the new trade setup of Kusama (KSM) coin with Bitcoin pair.
Previously I shared a long-term trade setup for KSM, which is still in play:
Now on a 4-hr time frame, KSM is about to complete a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Karura $KAR Broke out from bearish trend. I expect an excellent new cycle for Karura coin. Great team and technology.
Manage your risks and take profit along the way. Target is on chart.
KSMUSDTBreaking Descending Channel In Daily tf
Incase Of Successful Breakout Expecting Massive Bulish Move
Kusama long term goalsGoal 1 ... 238$
Goal 2 ... 478$
More than 14x
Investment long term from 1 to 3 years
KSM/USDTApril should be a good month for KSM as long as it holds support, white dashed line will be confirmation of breakout!
