KSMUSD trade ideas
WE ARE GOING TO UPGRADE SO KEEP AN EYE ON US !!Hello all, technicals are pointing for a strong buy for 1 day and 1 week showing the pure potential of the indicators. Looking at the previous retracement from its climb from Feb. It found heavy support at $305 and has bounced up since then. A good entry point would be $425 to allow for the market to show momentum.
TP 1 : $490
TP 2 : $550
TP 3 : $614
As always do your own research on trades we are good but can't predict the future. Make sure to comment your thoughts, like and follow for more content !!
KSM Head and ShouldersJust completed the pattern on the 2 hour. Still visible on the 4 hour, but much more obvious on the time frame.
KSMUSD here comes another buy signalIf you cut your buy position at 445, here's another good buying level. Cutloss if lower than 404.
Kusama (KSM) - April 19Hello?
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(KSMUSD 1W chart)
We have to see if we can go up along the uptrend line.
(1D chart)
We need to see if we can get support at the 385.17484804-431.48384663 section and get off the downtrend line.
If you go down at 292.55684530, you need Stop Loss to preserve profit and loss
If the CCI line falls below 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary.
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(KSMBTC 1D chart)
It remains to be seen if it is supported by the 6898 Satoshi-7549 Satoshi section and can climb along the uptrend line.
If you fall at the 5596 Satoshi branch, you need Stop Loss to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
KSM just about ripei'd say wait until we break this "neckline" my first thought was a busted inv. H&S like so many are showing, but it's a lil more 3 rising valleys...either way the higher lows look great, like the bottom is in. one would prob fibonacci for other targets and i expect this to reach them
KSM/USDT - potential 40% setupHello, traders!
KSM price went into consolidation after rapid growth.
Cumulative delta (cumulative difference between purchases and sales) shows buyer interest in the asset.
We could look for a position opening in the range of $448 - $476
Stop-loss can be placed under $408
Targets according to the Fibonacci extention levels:
$485
$543
$579
$637
Good luck and watch out for the market!
P.S. This analysis created for educational purposes only and shall not be considered as financial advice
Better late than never...I like this late but still valid KSM set up. Promising ALT coin IMO. I think some of these coins below the top 10 will get some love soon. This bad boy shot up now it has been ranging waiting for its next move. I see a perfect golden fib test as well as daily divergence. Dropping down timeframes I see a good pull back that seems like a good entry. Minimum RR is 1-1 to the recent high but I believe it will go higher so I will hold until I see fit.
Kusama - Currently Residing at Key Level!Two potential price paths have been identified on the chart above. Price is currently residing at this key level so lets see what happens!
KUSAMA on its way to $600After a long consolidation period and forming a huge bullish triangle, we have been waiting for a breakout for Kusama for a long time and guess what? Its here! I see KSM hitting $600 this week! Just have a look below what happened on the last Kusama breakout... :0
Kusama still is severely undervalued at a 4bn market cap, in my opinion that should be at least 10+bn as KSM is basically Polkadot on steroids. Another fun aspect: ususally KSM breaks out first and pump and after that DOT pumps. :) The token economics are great, they are super scarce hence we such high prices and I project 10K Kusama tokens within the next 2 years, especially as the blockchain will be running full steam by then. Also parachain auctions are coming soon! Research it...
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
KUSAMA Example - How to Buy on SupportHi guys,
there are a lot of assets we monitor but we constantly are looking to buy (or sell) on support (or resistance).
Kusama has been a great example and a huge success for us.
Hope you like what you see on the video.
All the best,
the FX PROFESSOR
KUSAMA - 40% Higher since our last chartIt was a perfect entry (actually a re-entry for us) on Kusama.
Bought in early, took profit early, bought this dip perfectly ... if only all trades could be THAT precise, trading would had been so simple.
One love,
the FXPROFESSOR
