$KSM/USDT 2h (Binance Futures) Desending wedge breaking outKusama is looking bullish again after that break-out, let's enter here!
Current Price= 224.844
Buy Entry= 225.523 - 220.523
Take Profit= 241.768 | 273.560 | 299.970
Stop Loss= 207.968
Risk/Reward= 1:1.25 | 1:3.36 | 1:5.11
Expected Profit= +25.20% | +67.98% | +103.50%
Possible Loss= -20.25%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 10 days
KSMUSDT
🆓Kusama/USDT Analysis (28/2) #KSM $KSMThe selling pressure is dominated and very strong, so it may make KSM lose the 200$ support zone, and that would be a bearish sign
If KSM can stop the decline at this 200$ zone, we could see a recovery to 240$ zone, this would be the strongest resistance in this situation
📅NEWS
👉Mar 31 : Kusama Deployment
📈BUY
-Buy: 135-145$. SL if B
-Buy: 95-105$. SL if B
📉SELL
-Sell: 195-205$ if B. SL if A
♻️BACK-UP
-Buy: 195-205$ if A. SL if B
-Sell: 235-245$. SL if A
-Sell: 280-290$. SL if A
-Sell: 340-350$. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
KSMUSDT✅ KSMUSDT got on a rally and pumped up today. too many people might have got into it out of FOMO, but there are still some chances to profit. there might be a downtrend now that the price is pushing the resistance, but in my opinion, it'll get support around 245-260 and go back up again.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms. it might go down by a little and then get back up to a new high.
KUSAMA 4h walking upwards, as usual!Technical analysis regarding the price of KUSMANA in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price moving upward, within that bullish channel. It is respecting several levels of the Up Trend Line (we can even design a channel, with parallel lines)
RSI> 60 and gaining momentum, along with MACD with large buying mass driving the price up!
I believe that in the next scenarios we will have new highs in this very promising cryptography!
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
$KSM waiting for breakout and retest- waiting for breakout and retest of resistance
volume is great
Large market Caps ---> Mid Caps
- overall bullish on this one
expecting go a lot higher with coming news (release of parachain auctions, etc.)
may go parabolic (FOMO)
- supply 10 M
- Market Cap 2Bn
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KSMUSDTPrice trending since Febuary 15th with higher highs and a higher lows. Looks to be a good trade with price now retracing to the 50% fibb line of the B-C move with confluencw with the Febuary trendline, momentum begining to shift to the upside indicates potention price movement higher to the 127.2% fibb extension of the A-B-C move.
KSM Has lots of red volume and a sell signalToday the market has been experiencing a correction. We are still on the very beginning and then correction so there are a lot of short opportunities.
My most accurate buy and sell signals in the ichomoku cloud
Conversion line/Base Line = Short
Base Line/Conversion Line = Long
KSM/USD - Breakout to $160! 🚀KSM has broken out from this channel which is very bullish. I expect us to test $160 levels fairly soon! 🚀
The indicators on daily are looking great and MACD just had a positive cross with good volume, this is very bullish.
The next significant resistance is just above $160 which will likely stop us in our ascent for a while, but I don't expect it to keep us down long as the market is very bullish and KSM is a great coin with a lot of potential. I see us go to $400-$500 longer term.
Should we be rejected sharply at $160 we have good support at $120 as of right now.
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KSM.USDT (Y21.P1.E1).Another breakout formationHi All,
I'm see this pattern a lot with some ALTs and some have already broken out of it, eg. ADA, BLZ, etc
MY THOUGHTS:
Structure is likely completing a ascending triangle with 2 touches to the top for the breakout.
Indicators show upward pressure, on the 4 hrly.
8 HRKY looks good on the indicators
Liquidity is OK on Binance, 11 million today.
How to trade this?
I would go to the lower time frames to see a trend\cradle setup and\or wait for the breakout.
All the best,
S.SAri
Lower time frames - looking for an entrance. Its possible that this bearish div can push it down deeper.
Hence better to wait for the break out to a new higher low.
8 HRKY looks good on the indicators