TIME TO BUY KUSAMAPrice is currently at a strong level of support.
Signs of a reversal.
Possible push to the upside.
KSMUSDT trade ideas
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.
day 02 KSMSDT 1 hourKSMUSDT
On 1HR chart, break the sideway channel forming a uptrend. Break the resistance and go for retest on the SR flip and the trendline. i will do long at this position.
My TP and SL base on previous the long wick candle stick.
Kusama (KSM) formed a big Shark for big move upto 285%Hi dear friends, hope you are well, and welcome to the new update on Kusama ( KSM ) coin.
On the 2-day time frame chart, KSM has formed a bullish harmonic Shark pattern.
🔥 KSM Huge Channel Reversal: Long-Term AnalysisFor around 3 months now, KSM has been trading within a huge channel, marked by the green and red marked areas.
Assuming BTC's low will remain at ~$28.8k, we can assume that KSM's local low will remain at ~$165. This gives a lot of room for a long term bullish move for KSM.
I've marked a couple of resistances on the chart (dotted lines) for potential profit targets in the shorter-term. Be aware that this is a long-term trade, so it might take a while for the target(s) to get hit.
Always keep an eye on BTC when trading alts. Happy trading!
Approaching A Bottom Before The Next Parabolic Rise.We're in the process of finding a bottom and then we will start a wave 3 of larger degree which will take prices to new highs, once the low is confirmed we can then start forecasting future prices.
KSM 6.22.21You guys do what you want. I'm not here to provide trading or financial advice. I just loaded up on 25 more KSM at 180 level. If it gets a good move under it i might sell it all too like i did XRP and ADA last night and today. Making money in a bear trend is when you see how good you really are. Can you do it or do you need someone to hold your hand and tell you what to do?
Kusama $KSM Possible Scenarios - 1DThere are 2 possible scenarios for Kusama ($KSM) that could play out:
1) KSM has formed a Head and Shoulders pattern on the daily timeframe. A confirmation of this would be a breakdown below the neckline level of ~$290. This would mean KSM would slump further. Note: The head and shoulders pattern on the OBV has already played out.
2) KSM could find support around the current level of ~$300. This, coupled with a reversal and a break of the OBV S/R level of ~3.25M could propel KSM to its former highs of ~$530 based on past patterns beginning in early March 2021. If this happens, price is expected to move according to the yellow squiggly line. This may give a possible return of 60%+.
Please note that this is not financial advice but merely an idea.
Twitter: @TraderLH
KSMUSDT - SPOT BUYKSM is looking great at these prices for a buy on SPOT, we are sat at a significant level of weekly demand and we should see a strong reaction at this level, also we can see the daily timeframe is touching the support of this bollinger band. I am longing here on SPOT @ current market price of 217.
ksmusdt/4HThis is update of last chart with Bearish Gartley pattern. I think we going to have AB=CD after price kissed D.
ARSHAM-KSMUSDT DAILY CHARTWHEN i was looking at the KSM chart i was able to find a double top in it . and since the double top indicates that the market is declining we can say that it drops to 232$ . but we have a support area at same price that if it supported it will reaches resistance area a and if it can cross it sees resistance b
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KSM at selling climax (SC) KSM at selling climax (SC) looking to bounce for to AR potentially at the lower of last resistance. High thrust with high volume signify sellers will be exhausted going forward with a small hidden bull divergence. Swing trade for short term SL: 223, TP1: 319, TP2: 340.
KSMUSDTKSM has broke below support and hunted the liquidity below this zone, now what we can see on the daily timeframe is the market has printed this nice clean M formation, in which we expect the pattern to complete at the neckline. We are waiting on lower timeframes for entry rules to be satisfied before we can possibly take a intraday long.
KSM 1D We see increased interest, where is it worth buying?The Kusama project was created to test other projects before launching on the Polkadot blockchain
A good period in the crypto market allowed the price of KSMUSDT to grow from $25 to $625 in just six months.
In the May fall, the price of KSMUSD fell by -75% from the maximum, which hurts.
But a positive fact is that the KSM token was bought up at large volumes, and now trading is taking place at increased volumes - this is a sign of interest.
Now watch out for critical levels:
It will be possible to think about updating the maximum if the price of KSMUSDT can gain a foothold above $470
At the bottom, the levels are important: $300 and $195 , it is from them that you can try to gain long-term long positions.
If buyers' interest disappears, and the price of KSM drops below $195 , then the fall in the value of KSMUSD may continue to the zone of $80-120 , where in January there was a trade before the growth
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Since 2016, we have been analyzing and trading the cryptocurrency market.
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ksmusdtksmusdt has formed a bullish butterfly pattern .reached its minumum 127 d leg which can be extended to 161.8 for possible reversal zone .
found bullish divergences
price acting under the resistence line ,yellow line .need a break out of this trend line.
ksm usdtksm usdt has completed both bullish shark and bullish butterfly harmonic pattern at the same time on 4 hr time frame . 275 to 280 looks a good buy zone if btc remains stable or move sideways . we can see and expect a good rally upwards .stoploss is always good to have in your trade set ups. specially in this market conditions .
