KSMUSDT
KSMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KSMUSDT
In this chart, we have R2 and R1 as the resistance areas which both represent the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas at the bottom in which the support of price at several points is obvious. Hence, we have the price fluctuating over S1 and we believe it will start a rising trend after a little fall and by giving us some confirmation candles to rise, our long position is activated and then the price will rise toward R1 or some higher amounts. It seems that the possibility of a fall below S1 is so low for the price at the moment.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
KSM looking bullishWhen observing the Weekly and Daily we see that the RSI has reached oversold regions and is diverging showing possible strength coming in soon.
I am waiting for one more low to form around $37 to complete my wave count before a long position.
Everyone still bearish but the charts are showing a strong market for the rest of the year.
Trade safe
God Bless
KSM 1D - Possible upward movementLooking at the daily, you can see the formation of an accumulation triangle with a higher probability of a rise, which can raise KSM to values, at first, around $48.62.
Which would be awesome and there's also a magnetic force from the ichimoku cloud which makes KSM make an upward move.
From the top (05/17/2021) to today, it corrected about 93.46% which gives us the clarity of the upward movement, as Kusama is of very high octane and deep principles. If it breaks $44.86 the bullish move is imminent. Let's not forget about the latent oversold shown on the RSI. Anyway all technical indicators show an upward movement. Follow support and resistance in 1H time frame
S: 39.57 / 39.08
A: 43.23 / 40.58 / 41.59 / 42.40
KSMUSDT 1DOn the 1D chart, it has formed a downtrend line, which it is currently trying to overcome, its RSI shows a cooling off from buyers, making such a breakout difficult.
In the Keltner Channel indicator, KSM is positioned at the channel's median, if it looks for the upper line that coincides with the Ichimoku cloud, we can witness the breakout of the downtrend line.
KSMUSDT Analysis (H&S)Hello friends.
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Everything on the chart.
Entry: market and higher
Target zone: 34-28
after first target reached move ur stop to breakeven
Stop: ~60 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to
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 AccumulateWhat Is Kusama (KSM)?
- Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.
- By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
- This is a long term trade, as we remain in bearmarket for now, KSM could enter a long consolidation corridor.
- KSM can be staked in Kraken for 18% (and more exchanges) or Onchain via Polkadot.JS
- Total Supply for Kusama is Total 9,651,217 so his price is far under valuated.
- When you see BB is thinner and thinner a potential move is about to start.
- Remember that all altcoins follow TheKing so if BTC don't move, they won't move.
- i will post my older KMS Chart in comments.
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Trading Parts
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Buy : 40$ ish ( Now )
Rebuy : 25$ ( Max Buy if we have a BTC wick )
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Tp1 : 999$
Tp2 : 1499$
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Happy Tr4Ding !
KSM USDTKSM continues its downward movement. The price is currently testing the $43.00 support level.
Closing below $43.00 will trigger further continuation of the decline.
On the 4-hour chart, this LTB (bearish trend line) appears to be cooling down. The RSI indicator is overbought at 70.44 and looks set to turn down.
The pattern and the comprehensive indicators are bearish, in the short term we need a relevant buying force to be able to reverse this trend.
Kusama (KSM) formed bullish Gartley | A good buy opportunityHi 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 has formed a bullish Gartley pattern.
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
KSMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KSMUSDT
Here we have R3, R2, and R1 as resistance areas that all express the disability of the price at some points in order to rise. S2 used to be a resistance line . And S1 is the support area . Now, we see the price is fluctuating below R1 and by rising to this line, we will face two scenarios. Either it will give us some rising signs and we predict an increase for the price toward R2. Or it may lose the support at R1 and a decline will be expected for it. Note that make sure by receiving some confirmation candles and then start trading.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Kusama (KSM/USDT) Climbing Correctively... WATCH OUT!KSM has been channeling beautifully, unfortunately it appears to be doing it correctively. A pattern like this leans towards a higher probability of connecting to the downside, tread with caution.
Two bearish divergences have printed for TP signals on the 4hr TF with the 1st one printing a hidden bull divergence thereafter signaling continuation to the upside.
Ultimately our previous uptrend took place on a 4 day tf, and we ended that trend by moving into a 4 day correction on the last drop. This rally has taken us straight into bearish resistance zone on the TDI which should be presumed as a resistance standpoint. If we want to kick up higher, likely this channel will need to end and we'll set in a higher low, followed by a higher high, but currently the indicators don't fall in this direction just yet, we'll need more data to come in to see if we can shift the market sentiment in that direction.
Since the previous lows have continuously been defended raised stops below them would be intelligent and alarms set to get notified when they break. As always, not financial advice. I noticed the corrective climbing pattern on KSM and wanted to share my outlook and warning.
DO YOU SEE A MORE BULLISH SCENARIO THAN THE C LEG UP I'VE SHARED? SHARE YOUR OUTLOOK IN THE COMMENTS BELOW.