KSMUSDT
KSM/USD - Buy opportunity incoming!KSM is currently correcting like all the market and will present a good buy opportunity at the support line of this massive ascending channel.
The support line at $75 is likely to hold as we will be at the channel support, 50 Moving Average support (in yellow) and local support line as indicated by the Fib level.
Therefore buying anywhere under $80 up to $70 seems like a good idea.
If we break the channel down, then we may fall to low $50, but I find that unlikely unless BTC crashes to 20k or so.
Make sure to set limit buy orders to catch any wick if you are confident in this idea!
One area of concern is the weekly timeframe where we have a massive bearish divergence on RSI. Hard to say how this will resolve.
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KSM/USD - Amazing bull run! Where is the top?! $400?KSM or Kusama has done a rare chart that I have not seen in a while. It's been moving up on this support line since March 2020! Any buy when the price touched the support line was an instant profit, EVERY TIME. I count at least 12 times.
So for how long can this momentum last? I believe we still have fuel in the tank that can propel us to $150 and once pass that $400 is in reach. The indicators + volume also look good to me.
This idea will be invalidated as soon as we drop under the support line and we re-test it as resistance. That will also signal that this bull run is over and we're due for a significant correction.
For now we may also face some resistance represented by middle line in this ascending channel which is also close to the $150 value.
As such, watch the price action, because if we happen to fall to support, that may give us a great buy opportunity.
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KSM/USDT - Short term HS w/ in Ascending Channel- Bounce for Up!Hello Traders,
We are seeing an ascending channel formed on the uptrend.
I believe we will see a Head & Shoulders pattern formed within this channel for a small pullback before breaking the channel to go up. We are currently in price discovery and I'm not seeing any reason for a slow down. This is always fun, bc if you buy right you can just trail your SL or TTP and ride the price up. But it's always smart to have Take Profits set to control what you're keeping along the way.
When we get this pullback, I'm looking for a bounce off of the EMA 26. Short term, targeting the FIB 1.62.
Mid-term, I'm going to be targeting $120 +/-
Good luck!
KSM USDT What we see now :
1- the price at79.9 $
2- the support level at 68. 40 $
3- the price cross ATH
4- there is 3 positive buy signals
What we do now :
i see it is a good position to take a deal at this level with some risk what ever we have to follow the robo sell signals
TRADE WITH YOUR OWN RESPONSIBILITY
Bullish on dot? Dont forget Kusama Kusama is the biggest alt project of the Polkadot ecosystem and is showing some strenght together with DOT lately.
My personal guess is that this one might become a banger in the coming months. Technically the price formed a support at previous high time frame resistance (S/R flip).
KSMUSD D1: BEST Level to BUY/HOLD 125% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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KSMUSD D1: BEST Level to BUY/HOLD 125% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KSMUSD daily chart review
::: chart looks good /strong
::: speculative bullish setup
::: limited downside from here
::: BULLS seek to BUY/HOLD after pullback
::: 125% gains BUY/HOLD
::: expecting short-term pullback
::: BULLS wait for the pullback
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +125% gains later
::: exit near point 75 +125% gains
::: expecting re-test of heavy support
::: at 33 USD
::: details: see chart
::: FINAL TP is +125% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +125% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK