KSMUSDT trade ideas
1:5 RR ratio for KSM. Sexi. Yeah, proper analisys in here and some words. Ain't good in that. Shall I paint some PP in here to make it better? xD
KSM.USDT (P21.P2.E3).Like best level to buyHi Traders,
The chart should explain my thoughts, ensure you have your stop loss below this level as it will drop hard if it breaks.
Really depends on how much BTC can hold this level or other.
All the best,
S.SAri
Moving upwards after a downtrend momentum Hi Kusama traders.
It seems like we have find support on the 460 area after hitting the ATH on monday. That's a dip ( slash correction) of 15%.
The previous support level has now become a resistance level. We will see an upward movement after breaking the resistance level @ $520.
Look for an entry @ 460-470. Stop Loss @ 440
Downtrend In KSM Is This Just A Beginning?Kusama price traded at $477.30 with a loss of 12.38% in the last 24-hour and 14.20% up in the weekly time-frame. Furthermore, the Kusama price plunged from the resistance of $570.0. In contrast, the market capitalization stands at $4.02 billion. Technically, investors can perceive a negative crossover in EMA, and the price drops below the 55-EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the support of $466.80 in future trading sessions.
Resistance: $570.0
Support: $466.80
$KSM a very attractive long at this levelRetesting last support/resistance level after a big run.
Good entry
:)
KSM flat pattern-price is accumulating
-possible flat pattern forming, anticipating 1 more leg drop
-2 support levels im interested at, trendline and blue zone
#DYOR
#JournalPurposes
#ForeverStudent
KSMUSDT SHORTBUY ON BREAKDOWN DAILY PIVOT
DESCENDING TRIANGLE PATTERN BREAKOUT
COUNTER TREND TRADE
TAKE R:R 1:1
EP 538
SL 536 (RECENT SWING HIGH 30MINS)
TP 514
KSM Jumps From $520.0, May Fall BackKSM price traded at $526.12 with a loss of 2.57% in the last 24-hour and 16.41% up in the weekly time-frame. Furthermore, Kusama price jumps from the support of $520.0. In contrast, the market capitalization stands at $4.47 billion. Technically, investors can perceive a positive crossover in SMA, and the price is fighting to sustain above the 21-SMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the support of $520.0 in future trading sessions.
Resistance: $570.0
Support: $520.0
Will KSM USDT PUMP?KSM USDT
On the strong demand zone might pump after the retest can go to the moon,
KSM.USDT (P21.P2.E2).Uptrend.stalkingHi Traders,
Sorry to get this out late but might as well put it out there as its got a trend that keeps on giving.
I just jumped in with this last candle in the making, just lucky, right place right time.
How to trade this?
Keep an eye on this.
Stalk it on the 4 HRLY and look for the next pullback\cradle setup.
All the best,
S.SAri
KSM: utility and governance goldKUSAMA
KSM, the official test net of Polkadot is one of the most fundamentally strong projects in crypto. (research why yourself)
With the launch of their parachains and full testnet we basically see a roll out of Polkadot v1.0 with numerous clients and partners.
Although it is a testnet; it does offer the full Polkadot feature set and is the first one to launch innovations...
LONG TERM
The governance / utility token KSM is an amazing scarce asset with great token economics (most of them released) and is still undervalued in marketcap.
By the end of the year I expect Kusama to be between a 15 and 20bn marketcap, but even more is possible depending on adoption.
Long term KSM tokens will be like governance gold and I expect Polkadot and Kusama to play a major role in Web 3.0, Defi and intra-chain connectivity.
I definitely see KSM and DOT both respectively push projects like ADA, THETA , DOGE, BCH, LUNA and LTC from the top spots.
TOKEN ECONOMICS
Market Cap: $4,155,693,549
24 Hour Trading Vol: $548,112,535
24h Low / 24h High: $413.74 / $501.87
Circulating Supply: 8,980,098 / 10,000,000
Fully Diluted Valuation: $4,627,670,561
Max Supply: 10,000,000
MID / SHORT TERM
In the mid / short term we can see more growth for KSM and I see Kusama outperfom BTC, ETH and other major alts for the next 4 to 6 weeks - with a price target of 600$ (+30%) in that same time.
KSM long Have a couple of different perspectives here: Fibb or Support Resistance approach. Lets see what happens.
KSMUSD LongTriangle Continuation Trade.
Slightly risky as BTC broke upwards trendline.
Nonetheless, price has consolidated nicely for a breakout.
Kusama $KSM could see some action in about 8 hours timeThis could be a symmetrical triangle pattern emerging here. $KSM is trending because the parachain auctions will be announced any day, so it might be a good investment no matter which way it goes.
