KSM/USDT nice bullish structure has formedthe price is range bounded in smaller timeframe
Bitcoin looks good for short term
alt dominance looks in favor of alts
the price is trying to be above 50 EMA 100 MA can be a resistance here.
KSMUSDT.PS trade ideas
KSMUSDT - LONG SETUPKSM since its recent bullish impulse to the upside has provided us with a nice correction, the correction has tested the 0.382 fib with aligns with the previous resistance now support, dropping down to the 4hr timframe we can see this big inverted head and shoulders formation. The market has also broke above this 4hr counter trendline and is now retesting it as support, if we close above the high we should see the continuation to the upside follow.
Kusama KSM Insane Explosive Move SoonHi dear friends, hope you are well and welcome to the new update on Kusama ( KSM ) coin.
The broadening formation:
On the weekly time frame chart, the price action of the KSM coin has formed a broadening formation and now the price action is likely to have a very nice bounce from the support of this broadening formation. Once the priceline of Kusama will start a big move from here then the next touch at the resistance is expected at $500.
Ichimoku cloud:
On the daily timeframe chart, the priceline of the KSM coin has broken down the Ichimoku cloud, and now the conversion line is crossing down the price action to lift it up. Once the price action will cross up the conversion line then the conversion line can cross up the baseline as well which will be a buying signal. We can also observe that there is a bullish cloud above the candlesticks and if the price action is having a bullish cloud above it then it is easy for it to break out this cloud. Because the bullish cloud works as a weak resistance but strong support.
Harmonic bullish Shark pattern:
On the 2-day time frame chart, KSM has formed a bullish harmonic Shark pattern. I have already shared this pattern a few days back when the priceline was in the buying zone of this bullish harmonic move. The buying and sell targets of this pattern are as below:
Buy between: $196.26 to $115.97
Sell between: $276.80 to 446.89
Stop loss of this pattern was as blow:
The maximum extent of the potential reversal zone of $115.97 can be used as stop loss.
The possible profit and loss ratio of the bullish harmonic Shark was as below:
As per the above targets, this trade has a big profit possibility up to 285% and a big loss possibility is 41%. Therefore try to buy it within the potential reversal zone as lower as possible.
Conclusion:
The price action of KSM coin has already bounced from the support of the broadening formation and at the same time, it is taking a bullish divergence from the potential reversal zone of a bullish harmonic Shark pattern. Therefore, we can expect that soon the priceline will also reach the resistance of the broadening formation at $500 level.
KSM SHORT TERM PREDICTIONHello Everyone, If You Like The Idea, Do Not Forget To Support With A Like And Comment .
If You Want To See Any Coins Technical Analyse Put The Name On Comment .
KSM Auctions Is Bullish Attempt In Fundamentals . In Technical Analyze We See Downward Trend Break . KSm Would Like To Do Cup In A Time . Also We Are Sitting On IMportant FIB Lvl Where We Can Get Strength And See Strong Volume In This Days .
Note : Its Long Time Market Dont Allow Good Buy Opportunities To Buy Alts And HODL . Alts Doesn't Have Deep So No One Can Catch The Dip If BTC Break 30K . I'm Going To Add Coins To My Bag Which Entered Long Term Buy Zone With Using Strategy Sell 50% On Every 100% Profit .
Warning : This LvLs Are Gate Of New Session So Don’t Enter Altcoins All In . Personally Planning Bought Alts With 20% Portfolio .
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance
KSM/USDT Is About To Launch Its Rocket 🚀🚀🚀📈 KSM/USDT | Potential Upward Movement
💡 Buy Limit Order @ 204.87
🎯 Target Profit 232.81
🛑 Stop Loss 195.56
❌ Do not risk more than 1% of your account on each trade
Description:
The coin is bouncing inside a bullish flag above the daily support (203.82 USDT). A lower correction could be seen before breaking the pattern to the upside and then we will see an impulsive wave all the way up toward the target profit.
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KSMUSDT could retest 0.618 Fibonacci retracement 🦐KSMUSDT could retest 0.618 Fibonacci retracements after a huge bearish impulse. The price is retesting the weekly support. According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Entry KSM@ $225 Target@ $2,500 June 2, 2022Kusama Network Protocol
Entry KSM@ $225 Target@ $2,500 June 2, 2022
Entry KSM@ $200 Target@ $2,500 June 2, 2022
Entry KSM@ $150 Target@ $2,500 June 2, 2022
Origin of Kusama
The relationship between society and technology has deteriorated to the point
where large entities routinely stretch and overstep their authority.
It's a living platform built for change agents to take back control,
spark innovation and disrupt the status quo.
The Scalable, Multichain Network for Radical Innovation.
Unprecedented interoperability and scalability for blockchain developers
who want to quickly push the limits of what’s possible. Built using Substrate
with nearly the same codebase and industry-leading multichain infrastructure
as Kusama’s cousin, Polkadot.
Project Website: kusama.network
Kraken Exchange: trade.kraken.com
KSMUSDT for July Month Watchlist 1.KSMUSDT has formed descending channel pattern for past 45days
2.Can keep in watchlist for June Month Swing Trade
3.Volume is also pretty decent
4.Today's closing in 10hr Time frame is above 222.Then it can reach some pretty decent heights.
Disclaimer : Just for education Purpose.
Cryptocurrency are highly volatile market, Caution before get in to trading
Thanks Happy Trading :)
Stalemate: KSM Long and Short IdeaWhile I do believe that we are in for a quite sizable bounce here soon in the market, I am still of the mind that we will have a bit more of a dip first. I am once again targeting KSM as a play for both sides (long and short) with a downside potential of approximately 24% and upside of 60% .
SHORT:
Target 1: $138 (12% Move)
Target 2: $120 (12% Move)
LONG:
Target 1: $200 (24% Move)
Target 2: $255 (28% Move)
I currently have a short position, but am actively watching the market for which direction we take from here while we rest on that the $160 support area.
KSM|USDTHey hey my friends long time no talk! 👋
Looking solid for this gem to make a lower high around the marked areas on the fib in the white/green box
All details are on the chart, enjoy
KSM/USDT long analysisRSI indicator is at 34 and it is oversold and it looks like this can be the bottom and may recover, entry and target shown in the chart.
KSM- Daily-log scale long from $120KSM- Daily-log scale.
The s/r points have indicated on the chart.
Best buy zone: ~$120-140. Additional buy support around $95.
Reasons: strong dynamic and static supports + ~81% down from ATH.
Please like and share the idea.
Thanks.
Head and shoulders.. knees and toes.. knees and toesMassive head and shoulders breaking through the neckline on KSM
KSM | Kusama Price Prediction Analysis By Japan Crypto MasterKusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as Polkadot.
KSM Channel with Upper and Lower limitsThis is a projection channel created upon a bounding box. For the creation of the chart, there were also used "moving averages" that cover the center, upper and lower boundaries for potential movement. Even if this not an attempt to forecast a trend, it allows to have an easy to read view of probable limits. Just sharing my personal charts for learning purposes.
TIME TO BUY KUSAMAPrice is currently at a strong level of support.
Signs of a reversal.
Possible push to the upside.
Kusama (KSM) Looking Strong Good UpsideI know the market sentiment has been "extremely bearish." And we are in a bear trend, I wouldn't consider this a bear market officially just yet. Now is the time to really start thinking which projects will perform when we inevitably overcome the cloudy summer season of FUD storms and on to sunnier days in cryptocurrency. Kusama is looking strong and will most likely be at the forefront of the next DeFi Mania wave along with Polkadot (DOT) of course as these projects are going to be key cryptocurrencies in the expansion of DeFi. The Kusuama parachain auctions have have started and will be live for the next couple of weeks.
With this recent Bitcoin dip there was a massive sell off as many people are getting out of their Alt coin positions. We formed a nice and important bounce for Kusama starting to form a new level of support after this capitulation . Of course if Bitcoin experiences another massive plunge bringing it deeper in $20ks then we could see this support easily broken bringing down below the $100 range.
Only 10 million coins already 89% through its circulating supply. Keep Kusama on your radar.
