Kusama ($KSM) channel breakout?$KSM was on fire after the announcement that parachain auctions were starting. A natural correction of the overhype has been in play for the last 12 hours, also dragged down by $BTC pulling back to 36k. $BTC is on the rise again but $KSM has broken out of its downward channel, coming back to test the top of it and not potentially breaking out to the upside. On the 15 minute chart there could be a good scalping opportunity here given $BTC has continued in the upward direction while $KSM came back to test the top of the channel.
KSMUSDT trade ideas
KSMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a time frame of 4 hours. The price became a good pump as we expected and we put the signal in the channel. And it touched the targets. The price can re-enter the bullish channel after a pullback to the level of the dashed line, and in case of losing the price, we have specified the support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
KSMUSDT - UPDATEKSM since my previous analysis market followed my projection perfectly. We entered the long after a confirmed higher high above this counter trendline and 4hr resistance. Market perfectly hit my target. Trade now closed.... i hope some of you managed to capitalise on my previous analysis on KSM.
BINANCE: KSM/USDT 🛒 Pair: KSM/USDT 🛒
== SPOT==
⏰ 1400/03/20 ⏰
🕰 09/06/2021 🕰
Duration:
📈 SCALP - SHORT 📈
Ex: Binance
#203
🛒 Buy : 430 - 440 🛒
👉Sell Targets👈
🎯TP1: 469 🥉
🎯TP2: 495 🥈
🎯TP3: 525 🥇
🎯TP4: 565 🚁
🎯TP5: 600 ✈️
⛔️ SL: 395 by closing 4hrs Candle
Market healing as btc reclaimed 33.8k (Elsalvador news on crypto helped the market) this may be price move to 39k - 41k (right shoulder of H&S in weekly tf). keep in mind that market is not bullish (globally) but you can take what market gives you in this bounce. Total market is growing but just like BTC it's not bullish globally and looks bullish in ltfs.
Break out from bull flag with good volume now buying the pullback for S/R test
Price reached and fixed above komu cloud
Negative funding rates
KSM Forecast Idea!Hello my friends
Welcome to this analysis about KSM / TetherUS ,
We are looking at the 4-Hr time frame perspectives. KSM almost Breakout the triangle and can go up to 1.68 FIB . It has the potential. BINANCE:KSMUSDT
In this manner, thank you for your time to take a look at this!
“ Forecasts create the mirage that the future is knowable.”
Information provided is only educational and should not be used to take action in the market. It's all my personal Idea and just wanted to share with you friends!
KSMUSDT 30MINBULLISH BAT Strong POTENTIAL REVERSAL ZONE i.e HOP
Earlier Pattern given good reaction on Type1 entry & Hit Both TARGETS
now price i s in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
KSMUSDT is creating a descending channel 🦐KSMUSDT is creating a descending channel after a nice retest on the daily resistance. IF th eprice will have a breakout from 4h resistance and daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order
Our Previous Profit (VIP Group)
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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.
KSMUSDT - LONG KSMUSDT on the daily timeframe since its recent bullish impulse, market has made a nice correction and rejected the 0.50 fibonacci, which is also in confluence with the previous daily high. Now im expecting to see the continuation to the upside, on the 4hr timeframe market has just broke above this counter trendline and formed a new 4hr higher high.... i will be entering a long on the retest of this previous 4hr resistance which will now act as support.
KSMUSDT Technical AnalysisKSMUSDT is in an uptrend and at 397.79 the Support area we have got a big Green candle which shows the Bulls have stepped in, however we might see a temporary Pullback at 380.00 but it's highly possible that the price goes up again after to Pullback to 452.78
SL @ 348.03
TP1 @ 452.78
TP2 @ 487.25
TP3 @ 553.50
💡Don't miss the great buy opportunity in KSMUSD @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (380.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50
Take Profits:
TP1= @ 452.78
TP2= @ 487.25
TP3= @ 553.50
TP4= @ 624.76
TP5= @ 660.56
SL= Break below S2
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Kusama looks extremely bullish, if only BTC does not dumpWe have a W pattern (blue lines) that can also be viewed as a cup and handle (yellow lines)
If BTC don't dump and KSM breaks out of the yellow triangle the price target is at the ATH !
Fundamentally this coin deserves much bigger market cap, i am sure it will be more profitable than ADA and DOT, long term easy x10
If unfortunately BTC dumps a good price to buy KSM is at around the 200 D EMA level @ $267 that acted as a support.
Wish you the best, take care.
💡Don't miss the great buy opportunity in KSMUSDT @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (380.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50
Take Profits:
TP1= @ 452.78
TP2= @ 487.25
TP3= @ 553.50
TP4= @ 624.76
TP5= @ 660.56
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️