KSMPERP trade ideas
cup and handle w double bottom on the dialy. 4 hr also shows a backtest and bullish hammer. measured move targets somewhare around $100
LONG KSM / bouncing off of Lower Lin Reg support LONG KSM / bouncing off of Lower Lin Reg support
Stop: 42.25
Profit Target 1: 54 / move stop to BE
Profit Target 2: 63 or Trail with a multiple of ATR
on a Lower Time Frame
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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.
KSMUSD ://BUY THE DIPgreat set up, solid project, haven't looked at tokenomics or AI predictions but the set up is really good.
_enter around 45 to hi 47.
_If this is something you have been following and want to get heavy in I would start my position in the ow 48 hi 47 and cost average in. Take profits when she lets off steam or has a bIG gain 15% plus)...
_HGM
LONG KSM Swing trade w/ stops and profit targets (Long KSM - uptrend, retraced to support @ VAH -Value Area High)
Limit Buy range: 51-52
Initial Stop: 48.75
Price Target 1: 57.5 ( sell 1/2 move stop to B.E.)
Price Target 2: 65
KSMUSD D1: BEST Level to BUY/HOLD 150% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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KSMUSD D1: BEST Level to BUY/HOLD 150% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KSMUSD daily chart review
::: chart looks good /strong
::: speculative C*H setup
::: limited downside from here
::: BULLS seek to BUY/HOLD after pullback
::: 150% gains BUY/HOLD
::: expecting short-term pullback
::: BULLS wait for the pullback
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +150% gains later
::: exit near point D +150% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is +150% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +150% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
LONG KSM invstement - attractive Sharpe RatioKusama is an early 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. 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.
initiating a position / KSM - Kusama - KSMUSDT @ supportinitiating a position / KSM - Kusama - KSMUSDT @ support
Kusama Price Prediction: KSM/USD Bulls Remain Relentless
Kusama rallied to highs of $73.85 on Wednesday but failed to sustain the gains, leading to a reversal to $40.
KSM/USD could remain pivotal at $50 following a shallow recovery supported by the Ichimoku cloud.
Kusama is among the best-performing cryptocurrency in the market, especially if August is taken into consideration. Moreover, the massive bullish action seems to have extended into the first week of September owing to the fact that KSM rallied to $73.85 on Wednesday.
The spike above $70 was incredible but not sustainable. Kusama formed a long candle wick that led to a sharp decline to levels just above $40. Intriguingly, the price remained above the Ichimoku cloud which gave the crypto a boost, leading to a comeback that has been able to above $50.
At the time of writing, KSM is dealing with higher seller congestion at $50 while exchanging hands at $49.93. The price is likely to remain pivotal at $50 owing to the fact that the Relative Strength Index (RSI) leveling slightly above the midline.
Consequently, staying above the Ichimoku cloud gives buyers hope that recovery is still possible. In this case, buyers must capitalize on the consolidation to create more entries and volume for gains above the next hurdle at $60. This will curve a path for Kusama to advance to higher levels above $70.
For now, establishing support above $50 remains key among the bulls. However, in the event buyers are overwhelmed, a myriad of support levels exist at $40, the 100 SMA ($36.6), $30 and the primary buyer congestion zone at $20.
Kusama Intraday Levels
Spot rate: $50.05
Relative change: -5.47
Percentage change: -9.35
Trend: Short term bearish bias
Volatility: Low
