Kusama will be something- Remember i am not an influencer but a trader.
- DYOR before.
- invest only what you can lose.
Happy Tr4Ding !
KSMUSD trade ideas
Kusama Swing TradeHere's another potential 30% swing trade I thought I'd share here. Kusama is showing signs of strength after marking up from TRM and then retracing the 1 Fibonacci. As I shared with my group, despite the abundance of supply the price did not fall back into range, and this leads me to believe KSM has too much value to revisit midline and the old range support. Have fun, be safe in the markets.
*Not financial advice
Be sure to subscribe to not miss any more swing charts!
KSM Bullish scenarioKSM fib extension levels based on last move in 2020/2021 and bear market bottom.
Not financial advice but great potential based on current price.
I have no clue of what i am doing... i just like drawing lines.As I delve into the intricate world of chart analysis, I find myself captivated by the timeless beauty of the golden ratio, Phi. With each stroke of my pen, or rather, each click of my mouse, I embark on a journey guided by this divine proportion, seeking harmony amidst the chaos of market fluctuations.
The Fibonacci sequence, derived from Phi, manifests itself in the price movements of KSM/USD, offering clues to its underlying rhythm and structure. As I meticulously plot these Fibonacci retracement levels on the chart, I am entranced by the symphony of patterns that emerge, echoing the natural order found in art, nature, and the cosmos.
Each line I draw serves as a bridge between the past and the present, connecting key price points in a graceful dance of ratios and proportions. From the swing lows to the swing highs, I trace the golden spiral of growth and retracement, discerning potential support and resistance zones with a keen eye.
But my analysis goes beyond mere technical precision; it delves into the realm of intuition and interpretation. I observe how price reacts to these Fibonacci levels, acknowledging the psychology of market participants and the tug-of-war between bulls and bears.
In this pursuit of Phi-driven analysis, I seek not only to predict future price movements but also to uncover the underlying order and beauty inherent in the chaos of the markets. With each line I draw, I inch closer to unraveling the mysteries of KSM/USD, guided by the golden ratio's timeless wisdom.
As the chart unfolds before me, I am reminded of the profound interconnectedness of all things, where mathematics, art, and finance converge in a mesmerizing tapestry of numbers and patterns. And in this convergence, I find not only insight but also inspiration, as I continue my journey of chart analysis guided by the golden ratio, Phi.
Kusama will drop Hi traders,
We expect Kusama to retest the resistance level at 64.95. We believe that this resistance will act as a resistance and the price will get rejected. So then in my opinion, price will start the downward trend until the previous support level.
Entry level at 64.5 right after the price hits the resistance, our target is at 56.60 the exact previous support level. Finally, stop loss is at 68.52 to achieve a risk award ratio of 3.87.
KSM buy on breakout Inverse Head and Shoulders🤪Not financial advice.
I'm seeing inverse head and shoulders setup with a breakout point of 41.00
So advice would be to buy on the breakout of 41.00 before any entry.
With a clear target of 47.50 to upside.
Kusama (KSM): Bulls Gearing To Take Over KSM (Kusama):
- 24h price change: +2.79%
- 7D price change: +12.45%
- Today volume: $2,150,522.26
- Short-term support level: 24.5
- Short-term resistance level: 26.07
- Resonating indicators: MACD, BOLL, RSI
When the MACD, Bollinger Bands (BOLL), and RSI indicators are bullish, there is a higher probability of a bullish trend in the next hour. The more indicators that align with a bullish pattern, the higher the accuracy rate.
KSM prices are stuck in a sideways movement broadly inside a $130 zone with support at $150.
The consolidation will turn to accumulation if bulls take over, propelling KSM/USDT above $280 towards H1 2021 highs.
At present, KSM is stable, pinned down by low trading volumes.
KSM Price PredictionATOM is facing an existential crisis. It rehypothecated its debt, ala Lehmann brother’s, and is issuing a staggering 20–25% APY, with its tokenomics revision. The project, in my opinion, took the spotlight from DOT, during the 2021 bull run. This is why people described DOTas a “nothing-burger” despite the fact that the returns were nearly identical. Both Atom and DOT are interoperability chains, and hence, play in the same field. With DOT offering between 10-15% APY, I view this as a more sustainable project than ATOM. Hence, my interest in KSM.
Seems like massive gains can be made on this coin. Time to accumulate.
TO 25$YEA MANY WONT BELIEVE AND THEY WILL HODL
but the king of all charts MR.WeOOO
shows you the right path
enjoy the massive dump
Is KSM Bottoming After H&S ?After recently completing a classic head and shoulders pattern KSM seems to be attempting to bottom. The recent low is a relevant area to the December move up, though I was hoping to visit my lower OB, I think with how oversold we are and being in relevant support. This could be a good area to begin scaling in, keeping in mind we are still waiting for confirmation of BTC bottoming as it will greatly influence alts.
Just some food for thought!
KSM Daily Head & Shoulders Possible idea on the daily, testing neckline as of today. The lower yellow horizontal trend-line was a relevant liquidity grab in 2020 would be a great opportunity to retest but is not necessary. Gray line is my conservative Target based also on a 2020 level on the daily chart. Green are additional order block considerations.
Pay Attention...Like many other charts they're just completing a big wave 1-2 sure we can always go lower but it's a great time to be greedy.
#KSM/USDT - Long - Potential 29.79#KSM/USDT provided by the pro trader BlockParty SPOT|USDT
Strategy: Long
Exchange: Multi-Exchange
Entry mode: DCA Limit
Invest: 5%
Exit:
Target 3 : 44.19 34.21%
Target 2 : 39.98 21.42%
Target 1 : 35.65 8.27%
DCA Entries
Entry 1: 33.93 - 20%
Entry 2: 32.95 - 30%
Entry 3: 32.51 - 50%
Current market price: 33.93
Stop: 29.87 (-9.28%)
Technical indicators:
24h Volume: 4370083.26289
Satoshis: 33.93
Bullish bounce from cycle bottom. Oversold RSI. Bullflag breakout.
Trade: KSMUSDT 03/11/2022 10:20
Volume last 24h: 4370083.26 USDT
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 !
Possible short setup on KSMLooking for a small scalp short here on KSM. We had a market structure break on the move down today with a clear Bearish OB marked out. Bids are placed for the short at $50.45, with a target of the swing low at $48.58. Lets get it!
