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.
KSMUSDT trade ideas
💡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
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Time to put some risk back on? Let's see this bird fly!DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART!
Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
A possible Adam-EveHi traders,
The green areas are the resistance areas. You see the adam-eve formation. Under normal conditions, the target would be as higher as the depth of the formation. However, the volatility in BTC will not allow us to wait for the target. So,
Always TP at resistances.
Stay safe and healthy ^^.
ksmusdtThis is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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🆓Kusama (KSM) May-27 #KSM $KSMKSM has conquered the 320$ zone and is heading to 400$, 480$, and 560$ zone. But if it loses this 320$ zone again, it will have a big decline to 240$ or even 120$ zone in June
📈BUY
-Buy: 310-330$. SL if B
-Buy: 390-410$ if A. SL if B
📉SELL
-Sell: 390-410$. SL if A
-Sell: 470-490$. SL if A
-Sell: 550-570$. SL if A
♻️BACK-UP
-Sell: 310-330$ if B. SL if A
-Buy: 230-250$ if A. SL if B
-Sell: 230-250$ if B. SL if A
-Buy: 115-125$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
KSM future profitHaving a look to the different charts we can see how BTC is having a bad time trying to overcome the trading line and keep its way to 42k. If BTC drops the alts drop. That is why looking at KSM I can see some free profit as soon as it touches the support I marked on the chart. After it reaches the first support we can buy, setting a stop loss just under that line trying to avoid any potential lose if KSM decides to drop to the next support following the bigger pattern. For any questions feel free to ask !
kUSAMA 5.24.21My favorite project and was so blessed to be able to go very heavy into this one a few weeks before the drop. My portfolio has almost recovered and with the crash i got a huge reload on 4 dollar Terra Luna. We might get a boring range here of uncertainty for the summer and then boom game time in August. This is likely one of the last places to reaccumulate your alts again. So thankful for everything and for another opportunity like this. I would suggest buying all dips on KSM. even if it went down to its lows again. You need to be buying solid projects bc these are once in a lifetime opportunities. DONT SQUANDER THIS TRYING TO SHORT A BULL MARKET!