$KSM/#BTC [#Kusama]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $KSM / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.001598 | 0.001731 | 0.001944 and the major support zones are respectively at 0.001385 | 0.001305 | 0.001092. It is a bullish indication and we may consider entering at the current price zone at 0.001782 and targetting higher levels.
◰◲ Technical Metrics :
▣ Current price: 0.001782 ₿
▣ 24H Volume: 43.975 ₿
▣ 24H Price change: 7.349%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.001598 | 0.001731 | 0.001944
◢ Support: 0.001385 | 0.001305 | 0.001092
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.50 - Bullish
▣ Reddit sentiment score is 0.32 - Bearish
▣ In-depth KSMBTC technical analysis on Tradingview TA page
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KSM
#KSMETH - Breakout of Significant ChannelWe've seen a strong move upward with many coins in the last 48 hours or so, causing many Shorts to liquidate out of the market, but this gives us an opportunity to reach new heights!
Assuming this upward move is the breakout it looks to be, we've got a really healthy gap between current price and the next few levels of resistance within #KUSAMA - 15% to first resistance, then 30%, followed by a massive 50%!
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Ideas by theCrypster should not be considered as professional financial advice ✌️
KSM/USDT. 💰 #KSM/USDT Daily Timeframe
🐃Bullish structure on Kusama:
- Breakout of the Double Bottom on Daily
- Bullish Flag below the resistance confluence of 37.70 Supply Zone + Descending Resistance
One thing we need to do now is to break through the mentioned resistance conflunce☝️ Full Send if we do so ✈️
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
$Neer next move! $Nuum. $dot $ksmAs I mentioned before (NEER successfully won a parachain crowadloan by Kusama and marked a record high of participants.. I expect this project to do very well in the short and long run.)
(Circulating Supply: 22.6M)
(Mcap: 5-6 M)
Team is delevering and working on more deliverables according to the plan, they are also working on $nuum which is somthing you need to look up if you are interested in this project. #Bitcounty #Pionner are doing well.
Technical part:
It looks like it is forming a giant Adam and Eve pattern. I think it is worth looking at.
Good luck.
KSM triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Kusama broke down this triangle📐 and I think there is chance for run to 15 and even lower which would mean -33% loss of value from current price. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
ENTRY : local low @ 24.00
STOPLOSS (SL) : local high @ 26.08
TARGET (TP) : height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 15.00
REWARD RISK RATIO (RRR) : 4.43
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
KSM/USDT | On Verge of Historical Breakout 🧐
#KSM/USDT (Update)
Seems like Bottomed out & Ready to Bounce Back.
Forming Falling Wedge Pattern in the Weekly timeframe.
Looks Promising for the Midterm Hold, +460-520% Profit Potential.
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KSMUSDT 4HKUSAMA was one of the most massacred in 2022. From January 2022 to December it dropped an unbelievable 94.66%. KSM has the highest octane rating with a large amount of computational codes.
At the moment it is on the lower edge of the formed wedge, and should make a pulbak towards the channel median at 23.93.
The MM100 exerts a force on the assets and at the moment it is at 27.13, which will also be a resistance.
Here are the supports and resistances:
S: 22.42 / 21.73
R:23.87 / 25.17 / 27.13
KSM +100% on Spot? The asset looks great from a growth perspective. Fundamental hasn't been studied. I am writing only about the Technical side of the chart.
On the log chart I see the global trendline and the levels that will be "closed" during the potential growth.
Agree? Please write you opinion below.
Market Analysis Every Day!
KSM: Falling Wedge Breakout!Trade setup : Bullish breakout from Falling Wedge pattern, which can be a reversal pattern once price breaks out. For breakout confirmation, wait for price to break above $35, with upside potential to $45 resistance (also 200-day moving average). (set a price alert).
Pattern : Falling Wedge typically results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $25. The nearest Resistance Zone is $35 (previous support), then $45, and $70.
$KSM - Falling Wedge broke out, what next !Hello my Fellow TraderZ,
Finally we see here #KUSAMA $KSM is breaking out of the FALLING WEDGE Pattern on the DTF.
Volume for the Breakout candle is quite good.
However, seems like #CRYPTO is seeking for some sort of pullback here, so I've mentioned two of the ways $KSM can follow here.
Keep your eyes at this one.
Happy Trading. CHEERS!!!