this is my first time to publish trading idea hopefully not the last. first let me briefly describe what you are seeing on the chart. In white you can see the price of KSMUSDT, while in black that's the set of technical indicators that I'm using. this set is composed of simple moving averages with the following period lengths (20,40,80,160,320,640,1280,2560,4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H+L)/2 OF 2H candle sticks. this chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. to trade this, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find KSMUSDT is in the compressed mode and you will see that it has very nice long-term trend, it doubles on average every 50 days (will explain how to quantify trend strength in next posts) which means that you are buying a very undervalued asset.
with all that said my conclusion is that KUSAMA (KSMUSDT) is expected to be one of the best performing crypto-assets in the next week or two.
please follow and get in touch if you have any questions. also If you like my idea and you have a job for me or you just want to tip me please find attached my KSM wallet address bellow:
FB1nskJ4bcR2aACtrmAEjMJUcbRhqTjNUWrvh2Qvm1dpCWV
thanks
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Hi every one,
KSMUSDT up 12% in the first 24H
KSMUSDT reached the freeze zone. please neither buy nor sell at current level $475-$525 if it go bellow that you can buy gradually and above that you can start decreasing your position gradually.
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DOUBLE BOTTOM, BUY BELLOW $450
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It's even more of a bargain at the current price $430
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this's selling for a very nice discount, buy more if you want to make money. the reason for this sell-of is a huge liquidation.
i think so if you look at the buy orders vs sell demand hugly outweighs selling it looks like if it breaks 500 its going straight to 1000
wolfofArabia
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@IanCryptoG absolutely, however I don't trade based on price levels. I trade based on where the price is from the moving averages
hassanzavri
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I'm trading KSMUSDT when it was below 400 and as per my prediction now it will touch 600 in an upcoming week because it has been consolidated enough to break the resistance level. Adding more, it tried before but market sentiments went against it but now I think it's the time.
Best of luck 💜