Kusama
KARURA - Kusama parachains going crazy!Ok so now we have KARURA, unfortunatly missed posting a trade setup and missed the $10 breach, however we have an oppertunity today as it has retraced down and reclaied previous resistance.
My advice would be to head over to the platform and see its suite of products as i myself have vaults and liquid staking through ksm. its a great protocol. Still very early days.
I have staked KSM and recieved LKSM, with the LKSM i have created a vault and minted KUSD stable coin, and brought 50% KAR, with the KAR & KUSD i have participated in a Mining pool earning KAR around 30%apy.
KSM staking rewards
KSM value increase
KAR rewards
KAR value increase
Soon they will launch the LKSM mining pools
kusama - now or later or never? 🤔
kusama, Are a bird that can fly when the others fall 😁
according to the price movement and time cycles, the next target is a new high in November 2020.
If you are a risk taker, buy this currency now.
But the safe area to buy is after the break of $630 line.
what do you think?
Buy now or later or never?
_________________
'' See the analysis of others, but trade according to your decision. ''
<>
KSM: TECHNICAL ANALYSIS AND FUNDAMENTAL ANALYSIS GO TO WARTechnically, KSM is poised to commence a rally towards previous ATHs. MACD is showcasing a bullish cross. Stoch RSI is divergent and bullish. RSI has room to delve deeper into overbought territory. Volume is significantly higher than the previous rally that was kickstarted back in February.
However, fundamental analysis dictates that "Buy the rumor! Sell the news". Last time around, the price action played by the book. Will it this time? It's everyone's guess.
I trust the chart and watch the key levels as usual. I expect a bull rally. My prediction is that the price will assail higher levels; however, this is my personal bias according to my reading of the chart. Definitely, with a break below 267, if confirmed, I'm out. On the other hand, with a break above the red zone (the resistance zone), I expect a massive rally, if confirmed. Always remember, every resistance must be retested and held to confirm a bullish breakout.
🎎🗾 KUSAMA - 5 Hours Later 🏄 40%+ TodayKusama chart was my 'breakfast opportunity' as I like to call them. Take a look at the charts early every day and look for the one that looks more promising.
Kusama was exacty that and is now 40% higher today.
So, here is our chart and our take profit levels for you all.
Hope it goes well for all.
One Love,
the FXPROFESSOR
KUSAMA - Updated Chart 👍🏻Price has breeched over Resistance (which is now support).
What you see as a yellow line (level) is the most important linear trend line and it's considered to be as strong as it gets.
This calls for a buy with a stop loss below the yellow level at 330$
Hope it helps,
the FXPROFESSOR
$KSM another room for a retracement after trendline breakout$KSM #KSM broke the bullish trendline formed previously. We should see another 10-15% retracement on it before we restore the bullish movement in another trendline with another supports and resistances. This is a good entry for a small size short to hedge against our spot losses.
🎎 KUSAMA- Breaking Over Resistance right Now!!! 🗾🗻🍊Over resistance, will check it as support, if that happens I am BUYING again
Kusama has had great news today :
Following the success of its first six parachain auctions, Kusama – Polkadot’s Canary network, goes ahead and announces the dates and details for the next 5 auctions.
Kusama Goes Ahead With 6 More Parachain Auctions
According to materials shared with CryptoPotato, Kusama will schedule the next five parachain auctions on its network.
The dates for them, as per the current recommendations, are as follows:
2021/09/01, 12:00 GMT: Sixth Kusama Parachain Slot auction commences. Bids may be placed.
2021/09/03, 09:00 GMT: Sixth Kusama Parachain Slot auction ending period begins. Only bids made before this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered.
2021/09/08, 09:00 GMT: Sixth Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point.
2021/09/08, 11:00 GMT: Sixth Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days.
2021/09/08, 12:00 GMT: Seventh Kusama Parachain Slot auction commences.
– 2021/09/15, 12:00 GMT: Eighth Kusama Parachain Slot auction commences.
– 2021/09/22 12:00 GMT: Ninth Kusama Parachain Slot auction commences.
2021/09/29, 12:00 GMT: Tenth Kusama Parachain Slot auction commences.
The idea of the schedule is to enough members of the Kusama community enough time to: first unstake KSM for their auction bids and second – to participate in the crowd loans.
The auctions will commence back-to-back with a two-day period of the initial bidding, which will be followed by a five-day ending period – this is how the first auctions were done.
One Love,
the FXPROFESSOR
KSMUSDT: Kusama and its DOT parachain auctionsI only add one note: the "you will need KSM if you want your place in the DOT ecosystem" was public weeks before the first set of auctions was announced. What else, the chart talks by itself.
I can figure it will grow for a while then a slow selloff will be coming. But remember KSM already proven a lot of times it can go up even while the rest of the market goes in the opposite direction.
NFA, DYOR.
(the first ballon has a typo, the first round included 5 auctions, as shown on the chart.)
KSM GRINDS ITS TEETH FOR A PARABOLIC MOVEKSM has broken and retested a crucial level only to confirm an upward move towards the next resistance zone which lies in the region of 340 - 360.
B Bands are expanding along with a cluster of support factors, i.e. EMA50 & EMA 100. The median line is acting as strong support now with all the bullish momentum that the price action showcases.
A golden cross is on the verge of passing between EMA 50 and EMA100. It is not always accompanied by bullish price action; however, recent developments of the price action suggest that this cross might boost KSM's chances of an uptrend.
The move to the next resistance could produce a 29% profit. Plus, trade at this point offers a decent R/R.
KUSAMA - Big MA Spread - Long OpportunityKSM is in a good configuration to open a long position:
- MA50 reversal
- Break of continuation triangle pattern
- There is a big MA Spread between MA50 and MA200 wich can represents oversell prices.
Requirements to open the position:
- Break the pattern in H4 (closed!)
- Optional: wait a retest on the triangle to get a better entry
Targets:
- Resistance at 270-285
=> at this price the ma spread would be smaller.
Stops:
- Exit if prices break the ascending trend (closed)
Good luck
KUSAMA- Out of Steam/ I am OutKusama was fun for while it lasted. Probably we could say the same for Polkadot and it's theory of games. I feel both Kusama and Polkadot will underperform versus both Ethereum and Cardano.
Was fun and profitable going in and out but right now I am out alltogether.
One Love,
the FXPROFESSOR