KSMUSDT 3D LONG📈Hi all. Timeframe 3D. KSMUSDT is at key resistance and has formed a head and shoulders reversal pattern. Of the entire Polkadot system, only KSM has not yet shown actual growth. I’m considering buying in spot now, also going long during a breakdown/retest of resistance. Marked goals and levels on the chart.
Ksmusdtlong
KSM/USDT - Kusama: TrendLine Touch◳◱ On the $KSM/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests an upcoming trend shift. Traders might observe resistance around 28.15 | 31.03 | 36.52 and support near 22.66 | 20.05 | 14.56. Entering trades at 23.13 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Kusama
▣ Rank: 184
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Kusama is an early, experimental version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals.
◰◲ Technical Metrics :
▣ Mrkt Price: 23.13 ₮
▣ 24HVol: 3,086,263.265 ₮
▣ 24H Chng: -4.619%
▣ 7-Days Chng: -11.78%
▣ 1-Month Chng: 21.95%
▣ 3-Months Chng: 20.35%
◲◰ Pivot Points - Levels :
◥ Resistance: 28.15 | 31.03 | 36.52
◢ Support: 22.66 | 20.05 | 14.56
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 3.38
▣ Last 90D: 1.28
▣ Last 1-Y: 0.25
▣ Last 3-Y: 0.44
◲◰ Volatility :
▣ Last 30D: 0.97
▣ Last 90D: 0.67
▣ Last 1-Y: 0.72
▣ Last 3-Y: 1.18
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.64 - Bullish
▣ Reddit sentiment score is 0.71 - Bullish
▣ In-depth KSMUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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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!
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
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 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
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
KSM/USDT. 💰 #KSM/USDT Daily Timeframe
🐃Bullish structure on Kusama:
- Breakout of the Double Bottom on Daily
- Bullish Flag below the resistance confluence of 37.70 Supply Zone + Descending Resistance
One thing we need to do now is to break through the mentioned resistance conflunce☝️ Full Send if we do so ✈️
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
KSM-USDT - LONG FALLING WEDGE***What is the Falling Wedge?
..................................
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction.
In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend.
This article explains the structure of a falling wedge formation, its importance as well as technical approach to trading this pattern.
Where Does the Falling Wedge Occur?
The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pull back, two converging trend lines are drawn.
The consolidation part ends when the price action bursts through the upper trend line, or wedge’s resistance.
One of the key features of the falling wedge pattern is the volume, which decreases as the channel converges.
Following the consolidation of the energy within the channel, the buyers are able to shift the balance to their advantage and launch the price action higher.
there are three key characteristics of a falling wedge pattern:
1- The price action temporarily trades in a downtrend (the lower highs and lower lows);
2- There are two trend lines (the upper and lower) that are converging;
3- There is a decrease in volume as the channel progresses.
The first two elements are mandatory features of falling wedge, while the occurrence of the decreasing volume is very helpful as it adds additional legitimacy and validity to the pattern.
It may take you some time to identify a falling wedge that fulfills all three elements.
*** What the Falling Wedge Tells Us?
......................................
The falling wedge pattern is a technical formation that signals the end of the consolidation phase that facilitated a pull back lower.
As outlined earlier, falling wedges can be both a reversal and continuation pattern.
In essence, both continuation and reversal scenarios are inherently bullish.
As such, the falling wedge can be explained as the “calm before the storm”.
The consolidation phase is used by the buyers to regroup and attract new buying interest, which will be used to defeat the bears and push the price action further higher.
Hence, a falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
***Trading the Falling Wedge?
......................................
Paying attention to volume figures is really important at this stage.
The continuous trend of a decreasing volume is significant as it tells us that the buyers, who are still in control despite the pull back, are not investing much resources yet
A break of the wedge to the upside has to be confirmed by a daily close above the wedge, which is exactly what happens.
At this point, you have two opportunities:
1- You enter a trade as soon as the close occurs
2- You wait for a potential pull back for the price action to retest the broken resistance.
The first option is more safe as you have no guarantees whether the pull back will occur at all.
On the other hand, the second option gives you an entry at a better price. In this case we will go for the option number one.
A stop-loss order should be placed within the wedge, near the upper line.
Any close within the territory of a wedge invalidates the pattern.
Finally, you have to set your take profit order, which is calculated by measuring the distance between the two converging lines when the pattern is formed.
This way we got the green vertical line, which is then added to the point where the breakout occured.
Thus, the other end of a trend line gives you the exact take-profit level.
I will Post Trade When trade is active for me.
*****GOOD-LUCK*****
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
KSMUSDT Analysis (Local Vision)Hello 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
Target: 82 and 90
after first target reached move ur stop to breakeven
Stop: ~57 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
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.
KSMUSDT Analysis (Local Vision)Hello 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
Target: 82 and 90
after first target reached move ur stop to breakeven
Stop: ~57 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
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.
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (62.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 69.5
TP2= @ 73.4
TP3= @ 78.7
TP4= @ 87.6
TP5= @ 104.7
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
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💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (62.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 69.5
TP2= @ 73.4
TP3= @ 78.7
TP4= @ 87.6
TP5= @ 104.7
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
KSM - some possible paths it'll takeNot wanting for it to look messy but thinking about all the different paths KSM could take.
1. test of the lower support and up and breakout.
2. breakdown of lower support and then back inside the wedge for a nice bullish deviation.
3. a simple break out to the downside, retest and continuation down.
Watch this space.
Lower support could be good for a long, with tight stop loss.