KSM KUSAMA price movement predictionKSM with 2 measured moves
( patterns to possibly break to the upside )
currently move above yellow trendline
set alert on white trendline - recommend entry on retest of white trendline
if price gets rejected on white trendline and retraces to around 48.26 , wait for support and enter
trade with stop loss in place
manage risks
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
KSMUSDT trade ideas
KSMUSDT | IMPORTANT ZONEKSMUSDT has broken the rising trendline. The previously broken rising support act as resistance trendline. The price has now trading near the broken trendline act as resistance
We are watching out the price action near the resistance zone .
The bulls will be in control only above break of the horizontal resistance.
Trade you levels accordingly
KSMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KSMUSDT
Here we have R3, R2, and R1 as resistance areas that all express the disability of the price at some points in order to rise. S2 used to be a resistance line . And S1 is the support area . Now, we see the price is fluctuating below R1 and by rising to this line, we will face two scenarios. Either it will give us some rising signs and we predict an increase for the price toward R2. Or it may lose the support at R1 and a decline will be expected for it. Note that make sure by receiving some confirmation candles and then start trading.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
KSMUSDT BATBat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
Kusama (KSM/USDT) Climbing Correctively... WATCH OUT!KSM has been channeling beautifully, unfortunately it appears to be doing it correctively. A pattern like this leans towards a higher probability of connecting to the downside, tread with caution.
Two bearish divergences have printed for TP signals on the 4hr TF with the 1st one printing a hidden bull divergence thereafter signaling continuation to the upside.
Ultimately our previous uptrend took place on a 4 day tf, and we ended that trend by moving into a 4 day correction on the last drop. This rally has taken us straight into bearish resistance zone on the TDI which should be presumed as a resistance standpoint. If we want to kick up higher, likely this channel will need to end and we'll set in a higher low, followed by a higher high, but currently the indicators don't fall in this direction just yet, we'll need more data to come in to see if we can shift the market sentiment in that direction.
Since the previous lows have continuously been defended raised stops below them would be intelligent and alarms set to get notified when they break. As always, not financial advice. I noticed the corrective climbing pattern on KSM and wanted to share my outlook and warning.
DO YOU SEE A MORE BULLISH SCENARIO THAN THE C LEG UP I'VE SHARED? SHARE YOUR OUTLOOK IN THE COMMENTS BELOW.
KSMUSDT needs to break the falling wedgeThe price is testing the daily support on 60$ area inside a falling wedge on the 4h timeframe.
The price needs to create a breakout from the 63$ area and retest it as new support.
The market must to hold the dynamic daily support as well
How to approach?
IF the price is going to have a breakout from the falling wedge and retest the 4h resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Are We Going Bullish On KSM.💹This is only informative and not to be considered as a financial advice. Comment on what you think will be the next big step KSM will be taking. Like if you find this useful🌶.
This could be the best time to buy into KSM, as we approach to make a retest on a support zone. KSM mighty even go higher after a breakout from the Resistance zone and retesting on it💹. For Now KAEOI.