$KSM - Falling Wedge broke out, what next !Hello my Fellow TraderZ,
Finally we see here #KUSAMA $KSM is breaking out of the FALLING WEDGE Pattern on the DTF.
Volume for the Breakout candle is quite good.
However, seems like #CRYPTO is seeking for some sort of pullback here, so I've mentioned two of the ways $KSM can follow here.
Keep your eyes at this one.
Happy Trading. CHEERS!!!
Kusamanetwork
$KSM/USDT 4h (#BinanceFutures) Falling broadening wedge breakoutKusama Network is pulling back towards 100EMA support where we expect it to bounce and resume bullish.
Current Price= 181.23
Buy Entry= 176.54 - 170.74
Take Profit= 187.49 | 199.64 | 215.28
Stop Loss= 162.06
Risk/Reward= 1:1.2 | 1:2.25 | 1:6.43
Expected Profit= +15.96% | +29.94% | +47.96%
Possible Loss= -13.34%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2-3 weeks
Tags: #KSM #KSMUSDT #Kusama #Statemine #Substrate #Parachain #DotEco #Polkadot
Website: kusama.network
Contract:
#Mainnet