KSMUSDT trade ideas
Kusama 5.17.21The megabull case for Kusama. THe real Polkadot. Now dont get mad Dot lovers. Whats bullish for one is certainly bullish for the other. Im starting to rethink just what this network could become. Web 3.0. Two independant, standalone networks working in tandem. This is what Ethereum got wrong . It thought it could do everything and absolutely it cannot . It is already maxed out and even with layer solutions it will not be what most imagine. The future is multiple networks and China BSN saw that early on. Its why i followed their network choices and invested in them early on. I did very well with it. Now i think Kusama is the best play right now > Its going to cool off a bit sure but that might be after it hits 10k. I see nothing stopping this thing. Polkadot either so dont be mad. If this hits the valuations i Imagine I believe Kusama and Dot will be valued almost the same. Is it overkill ? Maybe but i think this thing going from 1 dollar to 600 in one year deserves your attention, and admiration.
The next target is psychological?KSMUSDT is now at a support area.
In the previous TA, we made almost 40% profit. Currently, it is accumulating on the support area to reach its new ATH in my opinion.
The red area is STOP LOSS, and the green area is TAKE PROFIT.
Always watch BTC before taking a position.
In case of BTC fall sharply, The positions should be taken on the trend line after bouncing.
Stay safe!
Kusama 5.15.21Long term rally still to 5 digits. i still see a 7k Kusama at minimum in the next year but could hit 30k+. Weve already done the long term trend line. It looks exactly like a tech stock and is performing like one. Why? bc cryptos are the new tech/growth stocks. Even better actually bc of staking. When i can earn 10-50 percent apy on cryptos for doing nothing but parking them away. i even have one that gets 130 percent apy. Yes its real. Yes they are volatile if you stay focused and obsessed on every micromovement.
KSMUSDT, Kusama - ready for the parachain auctions pump ?Hi guys,
In the light of the upcoming Kusama parachain auctions, I think it's quite reasonable to get involved in KSM. Even more when the technicals are pointing to an imminent breakout.
I will be looking for a 4-hour and 1D candle closes above the $570 levels with next target at $740, 30 percent from here.
Possible retrace to the $480-$500 support zone, around the 21-day EMA on the 4-hour chart where I plan do add more to the long position.
Regards,
💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (482.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSD 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 71.
Take Profits:
TP1= @ 569.90
TP2= @ 628.41
TP3= @ 711.50
TP4= @ 790.00
TP5= @ 911.63
SL= Break below S2
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Now, It's your turn !
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💡Don't miss the great buy opportunity in KSMUSD @kusamanetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (482.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSD 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 71.
Take Profits:
TP1= @ 569.90
TP2= @ 628.41
TP3= @ 711.50
TP4= @ 790.00
TP5= @ 911.63
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 ❤️
KSMUSDT Head and Shoulder PatternKSMUSDT(4H CHART) Technical Analysis Update
Head and Shoulder Pattern
KSM/USDT currently trading at $472
Buy-level: $460 - $480 (Wait for the small retracement)
Stop loss: Below $420
Target 1: $518
Target 2: $560
Target 3: $600
Target 4: $650
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Kusama going for 600$ 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.
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
KSM - Decision Time 🕒KSM has moved up 60% since our last post. Price bounced off perfectly from our area of interest. Ideally we would have wanted clear bullish moves but as it stands, it's still very corrective indicating that we may get another move down. If that happens, we will wait to see where price creates a floor and then find buying opportunities at a cheaper price.
KSM - Decision Time 🕒KSM has moved up 60% since our last post. Price bounced off perfectly from our area of interest. Ideally we would have wanted clear bullish moves but as it stands, it's still very corrective indicating that we may get another move down. If that happens, we will wait to see where price creates a floor and then find buying opportunities at a cheaper price.