Kusama (KSM): Bulls Gearing To Take Over KSM (Kusama):
- 24h price change: +2.79%
- 7D price change: +12.45%
- Today volume: $2,150,522.26
- Short-term support level: 24.5
- Short-term resistance level: 26.07
- Resonating indicators: MACD, BOLL, RSI
When the MACD, Bollinger Bands (BOLL), and RSI indicators are bullish, there is a higher probability of a bullish trend in the next hour. The more indicators that align with a bullish pattern, the higher the accuracy rate.
KSM prices are stuck in a sideways movement broadly inside a $130 zone with support at $150.
The consolidation will turn to accumulation if bulls take over, propelling KSM/USDT above $280 towards H1 2021 highs.
At present, KSM is stable, pinned down by low trading volumes.
KSMUSDT
KSM ANALYSIS (4H)According to the investigation and analysis we have had on KSM, we have noticed the diamond diametric pattern.
It seems that the E wave itself has become a diametric that we are now in the G wave. The green area is a low-risk area for buying.
If you want to reduce the risk, wait and get a bullish trigger from the candles and then enter the trade.
Be sure to perform capital management and risk control because technical analysis is not certain and is a probabilistic analysis.
KSM/USDT Break the key area. Upward Momentum for KSM ???💎 KSM has certainly captured the market's attention. As of now, KSM has successfully breached the supply zone and is in the midst of a retest, with the previous supply now acting as a demand zone. For KSM to sustain its bullish momentum, it needs to find support in this demand area and Probability aims for the next supply targets.
💎 However, if KSM struggles to hold above this demand zone and breaks below, it could signal a bearish shift. In such a scenario, KSM might target the subsequent demand level at $18.34. This would be a critical juncture for KSM, where it either bounces back towards the $20.51 mark or risks a further decline towards its primary support zone.
KSM/USDT Bouncing on the Support Level, Ready to Upward ??💎 KSM has undoubtedly captured our attention. It's currently navigating within a Broadening Wedge formation. Historically, after touching the pattern's support trendline, KSM has shown a tendency to rebound and progressively approach key resistance levels.
💎 For this bullish scenario to play out, KSM must surpass the supply mark at $16.37 and sustain a close above it. Achieving this could pave the way for KSM to target the major resistance zone.
💎 Conversely, if KSM struggles to breach the $16.37 supply point, it might either pull back to a nearby support for another attempt or trend downwards towards a critical support level.
KSM, getting ready for hefty price growth!KSM has corrected significantly from its golden era where it peaked at its ath at 519, then have continued its massive trim downs till the 16 area.
Now on weekly data, an important weekly shift on price has been spotted. A trendline kiss is about to transpire signifying an important long term crossover of trend. Progressive hefty net buying has been registered at the current range -- cementing this low base for its incoming series of ascend.
Expect some weighty upside movement from the present levels.
Spotted at 18.0
RR ratio on this one looks too good to be missed at 30x base from its last peak.
The blackbird (from its logo) is about to take flight soon.
TAYOR.
Safeguard funds always.
KSMUSDT Elliott Waves Analysis (LONGTERM)Hello friends.
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Everything on the chart.
Entry zone: 12 - 15
Targets: 20 - 35 - 50
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Kusama KSMUSDT Analysis: A Opportunity UnfoldingKusama's chart paints an intriguing picture for both swing traders and crypto enthusiasts looking to fortify their portfolios.
The formation of an Inverted Head & Shoulders pattern signifies a potential upward surge. This pattern, residing in the $20.0 range, holds immense significance. It not only marks a major downtrend resistance but also represents the neckline of pattern.
Adding to the potency of this setup, the RSI indicator has crafted a bullish divergence between the left shoulder and the head of the pattern. This divergence not only validates the pattern but also underlines its strength.
However, a word of caution: while the market excitement might push you towards FOMO, it's crucial to maintain a balanced approach. The ideal entry point lies at a clear breakout, reinforced by solid volume and supported by rigorous risk management.
In summary, this juncture presents a golden opportunity, ripe for those who tread wisely and decisively. Watch the $20.0 level closely; it's the gateway to a potentially profitable trades.
Stay vigilant and trade responsibly. Peace out. 🚀💹
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! 🌴
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
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