KUSAMA - Updated chartOur updated Kusama chart further to our Kusama video posted just a few minutes ago.
You can watch the video below for all information and details.
KSMPERP trade ideas
KUSAMA - Chart says 'Good to Buy again!'Hi everyone,
Last month we had presented Kusama as one of our picks and we did well.
Price has now corrected and technically looks like a good new entry price.
Fundamentally you can read about Kusama here , it is Polkadot's Canary Network and given that Polkadot has a limited number of projects/tokens that it can take under it's roof, Kusama will be taking the rest. Tokens will need to bid to get one of Polkadot's spots- that's a clever idea inspired by the Theory of games and the Kusama game is a game I would like to play again today!
One Love,
the FXPROFESSOR
KSM News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
Parabolic Momentum on CELR and KSMThe POC (yellow line) is providing a safer re-entry spot for fast moving markets
(Usually I wait till the price traded below prior days low for swing trade entries)
So simply wait for re-entry opportunities.
The strategy applied to the chart is RSI based, in an uptrend buy an upmove on the RSI and exit on a bearish divergence.
LUNA and KSM update: exiting half of the position on LUNAevery day there are nice pullbacks to the POC, providing low risk entries for the most bullish cryptos.
I like to take provids if there is a higher POC and then the market trades below a hourly bar.
On KSM and LUNA i also have a trailing stop below the daily bar...
KSM.USDT (P21.P2.E1).Looking for next candleHi Traders,
KSM or Kusama has a obvious structure that can break to the upside or downside.
If BTC holds 60K, you can be sure its to the upside.
I believe BTC will hold 60K for a while longer, come Monday...that is another question.
An no, I don't think it will drop back deep but we will have volatility which is not good for the ALTs.
All the best,
S.SAri
KSMUSD - HEAD AND SHOUDLERSKSMUSD on daily timeframe market has failed to make a new higher high and formed a lower high giving us this big head and shoulders pattern, market is currently still above support and showing multiple rejections but if we see a break and daily close below support we will then be waiting for a correction and retest of previous support turned resistance and if all rules are met we will take a nice short.
Kusama// Update KSM has been able to show some resilience over the past few days relative to the other Alt coins. Fundamentally, I believe it will continue to grow in price, due to reasons mentioned on the chart.
Technically, we are still on an uptrend, and holding above a strong area of support. If price does happen to close below this level, there is still the 38, 50 and 61% levels to break through before heading to the trend line.
As with any trade, its best to react, rather than predict. So as time goes on and we see more confirmation of trend continuation. I will be looking for long opportunites. Check comments for previous analysis.
Let me hear your thoughts on what you think will happen next.
KSMUSD(Kusama)- Coiled Spring
Coiled spring- Multi-bagger.
Similar set up as ETHUSD earlier.
FYI: Auction every 2 weeks. 40% + staked.
Kusama 2.23.21Still superbullish on this one and will be participating in the parachain auctions all year. I think you should be buying the dip if you arent in bc this wont last long. Just look at how it blasted off to 300 during bitcoins flash crash. That is spectacular and shows that someone somewhere loaded up heavy on Kusama. I dont blame them. It is the real Polkadot afterall and maybe more will realize that and send this baby to Dots marketcap. Stll targeting kusama between 2 and 10k per coin LONG TERM
The Real Polkadot 2.22.21Can you believe this thing? It just has strength unlike anything else on the market. Our entry we gave almost a month ago was something like 115? Again loaded up at 125 and this is a LONG term hold. It is the real polkadot. No seriously everything will be done on Kusama long before DOT gets in any action. STUPIDLY undervalued still. It needs to be around 2-5k. 10k even would be fair
KSMUSDKSM has made a big stop hunt collecting all the liquidity from the long buyers with this huge wick which would of also induced sellers to open short positions, and has now closed back above support from a 4hr perspective with a huge rejection waiting for a break of resistance to enter a nice long
continuation on KSMstrong since that cup w handle, this crypto i believe is the test network that developers build on for kusama. so there's a strong fundamental arguement imo. hammer candle stick w 4h class a bullish divergence, one could keep a tight stop and aim for the top of the channel, but i like this a long term hold as well
KSM/USD - Bullish Ascending Channel With Good SupportKSM/USDT 8H. Nice accumulation zone which may develop into some strong impulse candles to the upside. Good support + Fibonacci. If 'Trend Line A' holds this will further confirm the bullish ascending channel. I hold $KSM & looking to add more. Targets at $324 & $370.
Kusama 2.17.21Next stop 300+. Showing incredible strength still and no signs of stopping. Has sveral levels of support as well. This is an absolute monster and is basically Polkadot at under 2 billioin. I hold both. Dots next stop is 35. Kusuma will probably run to over a thousand this year. maybe 2k.
Kusama 2.16.21Have you missed the train? Want in on a particular crypto buts its already went 2x in a week? This is where dollar cost averaging comes in and building a position patiently. I guess this is not common sense for the average crypto speculator. They see a green candle and missed the entire move and want to jump on at the top. Well lets slow down there partner. No rush. Say you have 1k to spend. Break it up into 10 100 dollar increments. Now buy 100 dollars every day/every other day/ week until you have spent your full amount. Do not fomo in. We have given so many great setups and yet ppl want to run in when the move is already exhausted. Learn to be patient or if you do fomo in be prepared for it to pullback 20-30 percent. You could still buy more then.
Kusama is going to 600. After the past few weeks it probably needs some consolidation.
KSM Kusama -Japanese madness 🗾🗻🗾The Kusama network is Polkadot's experimental, community-focused R&D network. If you held the DOT indicator token at the time of the genesis block of Kusama, you are entitled to claim an equivalent amount of KSM on the Kusama network.
As stated on Google, 'Kusama is a scalable multi-chain network for radical innovation and early stage Polkadot deployments. Expect Chaos. No promises' .
With competition like this, Ethereum and CArdano will need to be on top of their games to win the race.
PS. They certainly do not luck in blockchain knowhow nor creativity 👈😹
2.11.21 KUSAMAI would suggest looking into the Parachain Auction on KSM and DOT. Its a very interesting project and it is not just a testnet. It is a Dot sibling and it has several advantages over DOT. Projects can choose to remain on Kusama if it is a better fit for them. By staking your tokens you can participate in the bid and a chance to win the tokens that you lock your KSM in. This is just beginning and there is only 10 million KSM. LONG TERM HOLD
Kusamaperp (Y21.P1.E1).Support confirmedHi All,
Double touch on the previous resistance is minimum for confirmation of support.
The fact that this is also associated with the DOT project gives it extra weight to go up.
Since its relatively new, it will be difficult to put targets but here I try from a bullish perspective.
All the best,
S.SAri
ref Avaxperp.chart
KSMUSTwe have broke above daily resistance and retested it as new support and bounce of it nicely, on the 4hr we can see market is consolidating in this nice bull flag we are waiting for a confirmed break above before entering a long.
