💡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 ❤️
KSMUSD
💡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...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Kusama (KSM) - May 7Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(KSMUSD 1W chart)
(1D chart)
We need to see if we can get support at 431.48384663 and move above the uptrend line.
If it goes down, you need to make sure you get support at 385.17484804.
If you go down at 292.55684530, you need Stop Loss to preserve your profit and loss.
It remains to be seen if the green of OBV in the volume indicator increases.
On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line.
------------------------------------
(KSMBTC 1W chart)
(1D chart)
We have to see if we can get support and ascend at the 7774 Satoshi branch.
If it falls, it remains to be seen if it can gain support at the 7549 Satoshi spot and climb along the uptrend line.
On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
KUSAMA KSM Wave 4 to 330$ or 272$Hello everyone,
I'm showing you a clear view of the ascending logarithmic channel. This Wave 3 in pink reached the 161.8% fibo and the Roof of the channel. Because W2 was not that strong i think we might have all the chances to get a Wick on the 0.5 or the Golden pockets at :
0.5 : 329.17$
0.618 : 271.09$
If we achieved 0.5% on W4, next Wave 5 should reach at least 1058$ on the 100%
KSMUSDT - Kusama --> Emtry for 20%+ ProfitsFirstly we need to look at the fundamentals behind this trade:
DOT (Polkadot, #8 ranked crypto) is gearing up on KRAKEN exchange to go live with slot auctions for parachain. Kusama is one of the top projects people believe will be getting a parachain slot. Kusama acts as a testnet for new projects on DOT, an essential piece of the ecosystem puzzle.
Basically what we have here is buy the hype, sell the news. DOT have been talking about parachain auctions for a while, the fact KRAKEN exchange twitter is finally starting to pump out some marketing about it... I think we are close.
Now that BTC has pumped, if we don't dump like the dickens, then we have fantastic conditions for a KSM (and also DOT) bullrun.
My trade is measured for short term profits, imho if you get in and up 10% in this trade... HODL! Just hold on, I think the play needs to be = let it ride.
-=-=-=-=-=-=-
KSM TRADE
-=-=-=-=-=-=-
BUY: 400 to 405
TARGET: 500
STOP: 5% however you need to see how it retests trend line, if it does.
-=-=-=-=-=-=-
--==--==--==--
Fundamentals
--==--==--==--
Rank #45
Market Cap = $3,467,196,719
Polkadot Ecosystem
Supply: 9,651,217
--==--==--==----==--==--==--
KSM: stairway to heaven (or 600$)Kusama has been in a heavy correction after a strong run, currently KSM is heavily undervalued at a marketcap of 3bn! At its high that was about 5bn but even that is just nothing compared to the likes of DOGE with 34bn... Sure not to be compared but in the long run real technology that is developed with and on Kusama will be used on a wide scale through Polkadot.
I project KSM to be a top 20 project by the end of the current bull run and staying there... Currently that means a market cap of at least 7,5bn but we are in a dip so by the end of the bull run that would mean at least double; 14bn. For KSM that would mean a 4x to 5x increase in price in 2021. Likely so; as projects like KSM, DOT, LINK, ETH and BTC will be the most popular amongst institutional investors thinking in the long run; not a short pump.
Right now, KSM is on the verge of a breakout; when we clear the resistance cluster and find support in the orange zone we climb the stairway to heaven; to a new ATH of 600$ and beyond...
Kusama (KSM) - April 19Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(KSMUSD 1W chart)
We have to see if we can go up along the uptrend line.
(1D chart)
We need to see if we can get support at the 385.17484804-431.48384663 section and get off the downtrend line.
If you go down at 292.55684530, you need Stop Loss to preserve profit and loss
If the CCI line falls below 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary.
--------------------------------------
(KSMBTC 1D chart)
It remains to be seen if it is supported by the 6898 Satoshi-7549 Satoshi section and can climb along the uptrend line.
If you fall at the 5596 Satoshi branch, you need Stop Loss to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
KUSAMA on its way to $600After a long consolidation period and forming a huge bullish triangle, we have been waiting for a breakout for Kusama for a long time and guess what? Its here! I see KSM hitting $600 this week! Just have a look below what happened on the last Kusama breakout... :0
Kusama still is severely undervalued at a 4bn market cap, in my opinion that should be at least 10+bn as KSM is basically Polkadot on steroids. Another fun aspect: ususally KSM breaks out first and pump and after that DOT pumps. :) The token economics are great, they are super scarce hence we such high prices and I project 10K Kusama tokens within the next 2 years, especially as the blockchain will be running full steam by then. Also parachain auctions are coming soon! Research it...
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
KSMUSDTJust spelucation on the same setup as before (violet).
Two pin bars on the 77 and move up.
1.TP - lvr. 10x - high risk (lower entry only)
Or spot trade. Use it like me - after hit the first TP set your SL on the entry. ... after 2nd TP set your SL on the 1.TP.
Never loose your money...
LbL_CZ
KUSAMA COMEBACK: new ATH is coming!KUSAMA recently had a very strong rally (check my last update) but was overextended very quickly and as said almost fell off my chart.
Now we just came out of a 26% correction and consolidation and we saw strong support coming and quickly pushing KSM out of the traingle.
Currently KSM is retesting support to blast off potentially to a new ATH against BTC but at the very least a new 15-25% pump!
You might wonder why KSM is so volatile? This is because KSM is very scarce 10m tokens max supply, mostly in wallets of blockchain projects that will/want to use KSM's parachains.
The token is meant for governance and thus very important for future Kusama "clients" to hodl and have influence over the direction of the project.
Like I said in my last update; KSM is governance gold and the price will easily pass 1000$ this year but I expect much more than that.
One the parachain auctions start and projects win a parachain, more demand for KSM will arrive for future governance of the Kusama ecosystem.
(check the links below or my profile for more bullish alts)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
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