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KSMUSDT trade ideas

Kusama going for 600$ and beyond!In case you missed the various pumps on alts and you have fomo but kept composure and didnt buy a top; I say: good job! Now you should have some fiat for Polkadot on steroids called Kusama (KSM)! I did various analyses on KSM already and simply put; fundamentals are insane (Polkadot and Kusama could get close to ETH in terms of adoption), token economics are amazing and KSM has been rallying ever since this bull market started. So I already gave you a signal weeks ago on KSM when it was trading around 320$. (see link below) But lucky you, KSM didnt fully breakout yet and is currently clearing the last resistance hurdle on its way to a new ATH! Targets are in the chart but don't expect all of them to get hit by the end of this month; the first one is definitely in the cards. KSM is a spot buy and hold for patient investors, it might take a while before it pumps but when it does; it goes nuts. Sidenote: check that daily RSI trading 94 days above 54 (black line); that's what I call a strong coin with demand! When we clear the resistance we can see big things happen! Long term projection is 1K by the end of this year but maybe more... It will depend on the popularity / adoption of the parachains - if you don't know what that means, google and read about KSM first. Lets ride the Kusama wave! IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Long
by cryptobullethbtcxlm
4
Kusama 5.11.21stuck in a range filling. defiinitely not any signs of weakness. it has held perfectly on all support levels even on the retest of the breakout previous resistance. if you cannot park your tokens, get 13 percent staking rewards, and just chill for the next 6 months. then maybe find something else. but i am making incredible amount of money on staking rewards. especially on Luna Terra, KSM, Bepro, and Orion. I get fresh capital coming in everyday that is allowing me to accumulate more Luna or whatever else i want. Right now you have to be thinking longer term as these ranges will chop anyone to shit who is too zoomed in and is being overly emotional. Have passion sure theres NOTHING WRONG WITH THAT. But when you are on Twitter constantly crying about your bags not pumping and everything is a scam, its time to park your tokens and go take a break. Everything is going to be fine its just the way the cookie crumbles sometimes.With alot of new blood its not out of the ordinary that we see certain coins pumping and others dumping. Market movers want you to dump your solid positions on the cheap and then run into already pumped assets. Kusama still one of the most bullish setups ive seen. basically a straight up line when you zoom out
Long
by BrandonrG
2
KSM over $600!KSM has been on a complete tear since last November when we entered the current upwards trending channel. Even through long periods of very high RSI the price continued to move up. However, KSM did not have a good April and slid back to the lower end of the channel. The RSI bouncing (circled on the chart) as well as the MACD crossing the signal line tells us that a reversal to the upside is on its way. Additionally, we have now had two daily closes above the .236 level. As well as two daily closes above the 50 day moving average. All very bullish signs for $KSM. I'm looking for KSM to get up to $600; the middle of the channel, and the .618 line. Secondary target would be around $800 is the RSI doesn't go too crazy or if BTC does has a dip that brings the whole market down. Stop loss at a daily close under the lower end of the channel. Have fun! Trade at your own risk
Long
by zsamochin
2
Kusama ready to flyKSM has been in a mega uptrend vs BTC for a long time, an especially vs USD. This year it made a new ATH vs BTC and currently it just retested some key levels both vs BTC and USD. It is now back above its 50 DMA and the monthly P looking very strong. Could easily hit R3 relatively soon. In my opinion Polkadot is also bullish which is definitely a plus! Maybe Polkadot and Kusama get listed on Coinbase together and we get a nice pump for both when that happens.
Long
by BitcoinMacro
1
KSM: This Birdie Is Ready To Fly (E X P E C T C H A O S)The Bears reached the exhaustion point on the 25th of April, as indicated by the reversal on the MACD and the RSI moving out of the Oversold region. Currently, on the daily chart, we can clearly make out a Symmetrical Triangle. Trading on this formation is done by measuring the distance between the high and low, and placing it on the breakout/breakdown of the formation. So, by finding the resistances and a Fib on the Triangle's H&L and another on the local trend, we can find some "realistic" price targets. ENTRY: 434.93$ - 445.34$ TP1: 480.94$ TP2: 564.10$ TP3: 658.50$ TP4: 743.10$ SL: 388.40$ PLEASE NOTE : Wait for a daily close above the formation before entering.
Long
by GondolaCharts
4
Kusama 5.4.21You tell me. is that a bearish or bullish signal right there? omg it doesnt get any better than that right there. be aware these trend lines are never respected to the t. there will be some variance. also you need to think longer term. coming under it does not invalidate or give need for worry. its about how long does it close under it and i usually give it a week at least before i'll rethink the setup. for now 10000 percent bullish retest. if we get some serious volume, which i expect over the coming weeks, kusama will go straight up
Long
by BrandonrG