KSMUSDT trade ideas
KSM - Parachain auctions driving reductionKusama is continuing to test support of the descending triangle pattern formed since March 29th.
If price continues to close below the 20MA, support could next be found at the dotted green line, approx $387.
However, the triangle indicates that a break of the green base support line could see a price target that exactly meets the 50MA at approx $330.
Considering the overall strong uptrend, a target of approx $330 might seem excessively bearish. Consider though that Kusama parachain auctions are likely beginning this month, and could be driving a lot of selling pressure to get price down for accumulation prior to the auctions beginning. The break in the original uptrend coincides with the announcement of the parachain auctions adding weight to this possibility.
KSMUSDT is creating a parabolic 🦐KSMUSDT is creating a parabolic, and on 4h timeframe the price is creating a descending channel IF the price will have a breakout from daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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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 Analysis for upcoming weekAs per my analysis, KSMUSDT took the support of trend and consolidated enough to retain its previous position above the resistance.
RSI is indicating clear upward trend on 1H chart. Market sentiments are also in favor as in previous days buys tried to maintain their position above the support.
If we talk about entry level then it falls between 430-450, later on if it breaks the resistance of 490+ then its going to touch the level of 600. Put your stop loss below 400 and move to breakeven when it crosses the first resistance level. Do not use too much leverage.
Support my analysis if you think its appropriate and share yours.
Trade on your own risk and Best of luck from my side.
KSMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has experienced a good uptrend and is now stuck in a triangle. We intend that if it can break the triangle as in the previous analysis, then a pullback will start to rise, and if it breaks from the bottom, it is less likely to fall more. He can experiment and attack upwards several times but he has not been able to break the resistance
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
KUSAMA (KSMUSDT) EXPECTED 70% NEXT WEEKHello everyone,
this is my first time to publish trading idea hopefully not the last. first let me briefly describe what you are seeing on the chart. In white you can see the price of KSMUSDT, while in black that's the set of technical indicators that I'm using. this set is composed of simple moving averages with the following period lengths (20,40,80,160,320,640,1280,2560,4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H+L)/2 OF 2H candle sticks. this chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. to trade this, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find KSMUSDT is in the compressed mode and you will see that it has very nice long-term trend, it doubles on average every 50 days (will explain how to quantify trend strength in next posts) which means that you are buying a very undervalued asset.
with all that said my conclusion is that KUSAMA (KSMUSDT) is expected to be one of the best performing crypto-assets in the next week or two.
please follow and get in touch if you have any questions. also If you like my idea and you have a job for me or you just want to tip me please find attached my KSM wallet address bellow:
FB1nskJ4bcR2aACtrmAEjMJUcbRhqTjNUWrvh2Qvm1dpCWV
thanks
🌧️ KSM Reaching The End Of Bullish ChannelKSM has been going strong in a bullish channel for quite some time now, but steam is starting to run out, with more and more selling pressure at the higher price ranges. There isn't much buying pressure either, so it will probably have a retracement before some more upside.
Expect KSM to go up a little more until we hit a local top (probably won't reach the top of the bullish channel) and start retracing downwards. We can see this from the RSI topping out and also the shrinking of green candles. If true, we can expect a retracement until around $420 and below, which would be a good time to buy in. We can then take profit near the ATH.
Of course, while unlikely, there's a possibility that KSM can betray all expectations and continue following the bullish channel. If you're holding KSM, it might be prudent to watch closely for signs of a reversal to sell and buy in at a lower price. If you're not holding KSM, it's too risky to buy in now, so don't FOMO and wait for a retracement or just let it go.
KUSAMA (KSMUSDT) EXPECTED 70%+ NEXT WEEKHello everyone,
this is my first time to publish trading idea hopefully not the last. first let me briefly describe what you are seeing on the chart. In white you can see the price of KSMUSDT , while in black that's the set of technical indicators that I'm using. this set is composed of simple moving averages with the following period lengths (20, 40 ,80,160,320,640,1280,2560,4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H+L)/2 OF 2H candle sticks. this chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. to trade this, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find KSMUSDT is in the compressed mode and you will see that it has very nice long-term trend, it doubles on average every 50 days (will explain how to quantify trend strength in next posts) which means that you are buying a very undervalued asset.
with all that said my conclusion is that KUSAMA ( KSMUSDT ) is expected to be one of the best performing crypto-assets in the next week or two.
please follow and get in touch if you have any questions. also If you like my idea and you have a job for me or you just want to tip me please find attached my KSM wallet address bellow:
FB1nskJ4bcR2aACtrmAEjMJUcbRhqTjNUWrvh2Qvm1dpCWV
thanks
KSM.USDT (P21.P2.E4).Strong supportHi Traders,
I missed this entry but one can see why it was a perfect spot to buy.
a) Daily 20 ema has confluence with the 0.382 fib level
b) Trend of expanding wedge formation, bullish (livermore 7)
c) Uptrend
d) Maybe because of DOT as well.
I think its early days in its re-accumulation stage as the indicators show the daily has much to go.
All the best,
S.SAri