TradingView
MyCryptoParadise_Simon
Dec 20, 2023 6:58 AM

KSM/USDT Potential for Bullish Movement? πŸ‘€πŸš€ KSM AnalysisΒ Long

KSM / TetherUSBinance

Description

β‹…
πŸ’Ž Paradisers, direct your attention to KSMUSDT, as it is currently demonstrating noteworthy market activity. After being repelled from the supply zone, KSM is setting up for a potential bullish move from the demand zone.

πŸ’Ž Analyzing Kusama's market progress, it has skillfully moved through a descending trendline, breaking above it to signal the start of an upward trend. At this critical point, KSM could potentially maintain its bullish path from the demand zone around $26.67, assuming it keeps up its current momentum.

πŸ’ŽConversely, should KSM face challenges in holding this momentum, we could anticipate a bullish drive emerging from a lower support zone at $21.9.

πŸ’Ž Traders should also be cautious of the scenario where KSM dips below the $21.9 support level, as this could suggest a change to a bearish trend.

πŸ’Ž Stay vigilant and well-prepared, Paradisers. Your ParadiseTeam is dedicated to steering you through these market shifts, equipping you with the necessary knowledge for making strategic trading decisions.

Trade closed: target reached

β‹…
Bingo! #KSM is dancing to our tune, up 122.89% just like we predicted.

Comment

β‹…
Comments
Mia1990
β‹…
USTC/USDT analyze pleaseπŸ™
More