Crypto2AF

KSM/USDT - Kusama: TrendLine Touch

Crypto2AF Updated   
BINANCE:KSMUSDT   KSM / TetherUS
◳◱ On the $KSM/ USDT chart, the Trendline Touch pattern suggests an upcoming trend shift. Traders might observe resistance around 28.15 | 31.03 | 36.52 and support near 22.66 | 20.05 | 14.56. Entering trades at 23.13 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Kusama
▣ Rank: 184
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Kusama is an early, experimental version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals.

◰◲ Technical Metrics:
▣ Mrkt Price: 23.13 ₮
▣ 24HVol: 3,086,263.265 ₮
▣ 24H Chng: -4.619%
▣ 7-Days Chng: -11.78%
▣ 1-Month Chng: 21.95%
▣ 3-Months Chng: 20.35%

◲◰ Pivot Points - Levels:
◥ Resistance: 28.15 | 31.03 | 36.52
◢ Support: 22.66 | 20.05 | 14.56

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL

◰◲ Technical Indicators Summary: SELL

◲◰ Sharpe Ratios:
▣ Last 30D: 3.38
▣ Last 90D: 1.28
▣ Last 1-Y: 0.25
▣ Last 3-Y: 0.44
◲◰ Volatility:
▣ Last 30D: 0.97
▣ Last 90D: 0.67
▣ Last 1-Y: 0.72
▣ Last 3-Y: 1.18

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.64 - Bullish
▣ Reddit sentiment score is 0.71 - Bullish

▣ In-depth KSMUSDT technical analysis on Tradingview TA page


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Trade closed: target reached:
Binance┊Kucoin┊Bybit┊Huobipro┊Gateio┊Mexc┊
#KSM/USDT All take-profit targets achieved 😎
Profit: 8.8284% 📈
Period: 20 Hours 59 Minutes ⏰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.