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Kusama

KSM: Falling Wedge Breakout!Trade setup : Bullish breakout from Falling Wedge pattern, which can be a reversal pattern once price breaks out. For breakout confirmation, wait for price to break above $35, with upside potential to $45 resistance (also 200-day moving average). (set a price alert). Pattern : Falling Wedge typically results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $25. The nearest Resistance Zone is $35 (previous support), then $45, and $70.
Long
by altFINS
KSM | This Will Be A Runner | CryptoWhat 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 is built on Substrate — a blockchain building kit developed by Parity Technologies. 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.” The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product. Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.
Long
by DivergenceSeeker
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. ------------------------------------------------- Trading Parts ------------------------------------------------- Buy : 40$ ish ( Now ) Rebuy : 25$ ( Max Buy if we have a BTC wick ) ------------------------------------------------- Tp1 : 999$ Tp2 : 1499$ ------------------------------------------------- Happy Tr4Ding !
KRAKEN:KSMUSDLong
by thecryer
5
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.
Short
by NewWave_Traders
9
KSM/USDT: Direct recovery expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- KSM/USDT: Direct recovery expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets KSM suffered about negative global market situation - KSM is expected to bounce from the current bottom area and triggered the bullish divergence on RSI Market configuration - Graphical Elements : Graphical Resistance = 171 & 420 Graphical Support = 36,5 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market = Bearish RSI indicator (below) is on going divergence but still below 50% = Neutre - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target V (C) B is set at = 36,5 Fibonacci resistance of the wave in progress = 171 Fibonacci Bullish Target = 281 Conclusion Preferred case => Regarding the mid-term element, KSM is expecting to do a bullish reversal from the area we are now. We are bullish above 36,5 towards 281 with an intermediate level at 171. Maximum upside potential at 420
Long
by JeanJean1983
1
KSM Beatiful trendline breakout + Bounce from supportReasons to take short ⭐️ Buyer on BTC ⭐️ We came to liquidity zone ⭐️ Volume increased ⭐️ Price is squeezing to the trendline ⭐️ 3rd touch of support ⭐️ 130 ATR Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
7
KSM - Update of the previous short ideaAs we can see trendline was extended which makes our setup only better. Reasons to take short: ⭐️ BTC bearish ⭐️ Global market is bearish ⭐️ Global trend is bearish ⭐️ Trendline is seen on multiple timeframes ⭐️ 6th touch ⭐️ Trendline is 7 days old ⭐️ Bulls were trapped yesterday ⭐️ Under VWAP ⭐️ 34 ATR Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
KUSAMA 🎎🗾 - Our Next Hedge (short)KUSAMA chart further to your request and a chart we prefer to go short on at the moment. Kusama has previously offered us great moments, first on the rise and later on the way down. given that we are Long on BTC , Solana and others we do need a 'weak link' to short and this will now be Kusama. 40$ would be a level we could be tempted to Buy again. After all, we got in at 11$, got out at 480$.. even went short at 209$ : One Love, the FXPROFESSOR
KRAKEN:KSMUSDShort
by FX_Professor
3