KSM/USDT Preparing For a Big pumping ?? Kusama Analysis Today💎 Hello Paradisers, here's a coin to keep an eye on!
💎KSM has successfully broken out of its descending channel and is currently aiming to pierce through the supply zone.
💎If it faces resistance and can't push through, there's a high chance it might descend to the Bullish Order Block. Historically, touch on this OB often results in a significant upward surge.
💎For the entry, consider either jumping in after a decisive breach of the supply or patiently awaiting a touch within the Bullish OB range of 22.90 - 22.10, especially if the supply proves too formidable.
💎Stay sharp, ParadiseSquad! 🌴 Re-evaluate your strategy if KSM ends the day below the 20.90 threshold.
KSM
KSMUSDT long scenarioWe expect bullish move on KSM/USDT pair with targets up to $32.49
possible trading plan:
entry 22.45
stop 19.43
tp1 26.09
tp2 28.28
tp3 32.49
Some profit may be taken also on $24.12 and $27.4 levels.
Risk management: main idea is risking nothing more than 1.5% per trade, thus position size will be calculated using the formula:
(Account Size * (Max Risk % X 0.01)) / (Stoploss Price – Entry Price) * Entry Price = Position Size
Kusama (KSM) forming a bullish Shark for next bullish reversalHi dear friends, hope you are well and welcome to the new trade setup of Kusama (KSM) coin with Bitcoin pair.
Previously we caught almost 20% pump KSM as below:
Now on a 4-hr time frame, KSM is about to complete a bullish Shark move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#KSMUSDT Navigating the Range with Promising Upside Potential💎After a period of range trading, #KSMUSDT appears to have established the boundaries of its trading zone. Currently, the price finds itself near the lower end of this range, with the demand zone forming around the $23 mark.
💎Paradisers, right now the key focus lies on the actions of the #KSM bulls. If they continue to defend this demand zone, it is highly likely that the price will regain momentum and ascend back towards the upper range boundary. The significance of this development cannot be overstated.
💎Now, let us delve into the factors that enhance the probability of an upward move. Firstly, we witness a successful bounce off the demand zone, highlighting the strength of buyer support. Additionally, there is a notable breakthrough above the downtrend trendline, which further reinforces the bullish sentiment. Lastly, today's clear rejection of the 50% Fibonacci retracement level adds another layer of optimism to the equation.
💎Given these observations, it is prudent to assert that the probability overwhelmingly favors the buyers. As the MCP team closely monitors the price action, we anticipate #KSM to embark on an upward trajectory, targeting a double 88.6% Fibonacci retracement level around $26.9. Should this projection materialize, we could witness a notable 13% surge in the coming day or two.
Stay tuned, Paradisers and remember, the Paradise Club is here to guide you on this exciting trading journey! 🌴
ksmIn a hypothetical channel, if we check, the downward trend line has broken at this time and is pulling back towards the bottom of the channel.
The resistance zones identified in the 4-hour timeframe are very important and indicate selling pressure
The numbers that are significant in the case of motion correction are shown with a green line
All this is a personal opinion and not a basis for decision
KSM IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the KSM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Is KSM Bottoming After H&S ?After recently completing a classic head and shoulders pattern KSM seems to be attempting to bottom. The recent low is a relevant area to the December move up, though I was hoping to visit my lower OB, I think with how oversold we are and being in relevant support. This could be a good area to begin scaling in, keeping in mind we are still waiting for confirmation of BTC bottoming as it will greatly influence alts.
Just some food for thought!
KSM Daily Head & Shoulders Possible idea on the daily, testing neckline as of today. The lower yellow horizontal trend-line was a relevant liquidity grab in 2020 would be a great opportunity to retest but is not necessary. Gray line is my conservative Target based also on a 2020 level on the daily chart. Green are additional order block considerations.
What is Kusama or KSM?So what exactly is KSM? As an analyst I really have no idea as the chart is final culmination of the opinions of buyers and sellers. If people want to feverishly buy and drive prices up of a pet rock they can. Kusama may be a solid project and may have excellent fundamentals but honestly we are not here for the tech and as a reader if you are intellectually honest you are here for the price appreciation not the tech.
If we are honest about it block chain ledgers including btc work just as good at $69.00 a unit as they do at HKEX:69 ,000.00 a unit and unreal evaluations simply wont last forever.
With that said here we are looking simply at the assets price chart. Its is final end all of of all buyer and seller decisions.
This chart is a daily line chart measuring equalites to past price appreciation. Each point an angle line meets the outer edge of the circle marks a significant price level and point in the buying and selling cycle based off of past data. These price levels and time cycles may or may not occur at the same time they are the product of past averages.
Trade accordingly.
We are currently dollar cost averaging into several assest as we have already had a massive down trend, massive recovery rally, and now braking down. Typically in this situation we see a macro lower high and then the realy run.
BUY IN THE RED WHEN RISK IS LOW SELL IN THE GREEN WHEN RISK IS HIGH
KSM UPDATE (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KSM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Kusama (KSM) forming a bullish BAT for another bullish reversalHi dear friends, hope you are well and welcome to the new trade setup of Kusama (KSM) coin with Bitcoin pair.
Previously I shared a long-term trade setup for KSM, which is still in play:
Now on a 4-hr time frame, KSM is about to complete a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Karura $KAR Broke out from bearish trend. I expect an excellent new cycle for Karura coin. Great team and technology.
Manage your risks and take profit along the way. Target is on chart.
KSMUSDTKSM felt the Fed's decision to raise interest rates by 0.25% yesterday and hit 31.78, and quickly recovered, and is even on the verge of breaking the bearish channel.
At the moment, it is in the Upper of the VWAP and can pull back to the VWAP at 33.43.
Key levels to watch today are found at 31.78 which was yesterday's low and high at 37.99.
Trading Volume: Sustained selling volume over the past week has seen Kusama make lower lows, forming this bearish trough that should be broken later today.
RSI: The RSI IN 1H is quickly approaching the buying area, which means that there may be a cooling of the buying forces.
Main support levels: 33.43 / 32.59
Main Resistance Levels: 34.28 / 34.74
The bias for KSM is HIGH.
Kusama (KSMUSDT) has good growth potential to values of $65.00Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000.
Altcoins currently have good entry points for a mini alt season.
I have selected coins that are interesting to buy in this mini alt season and that have potential for growth.
— The coin KSM is a buy point at $39.00
— The zone KSM for profit-taking is $65.00
KSMUSDT 6HKSMUSDT 6H
Keep investigating your price fairness band, right now in the formation of wave 1 of Elliot. It is possible that this wave 1, it can reach the alvo of wave 3, which is at 50 (daily it is on wave 3)
A very high-octane altcoin, KUSAMA is a zero-layer blockchain that allows the creation of any blockchain with any type of consensus
We follow the supports and resistances no 6H:
Main support levels: 41.86 / 37.54
Main Stamina Levels: 46.44 / 49.81
MACD : Optimistic
RSI : Exhaustion of buying forces
EMAs: Optimistic