MyCryptoParadise_Simon

KSM/USDT upward momentum from demand zone? πŸ‘€KSM Analysis

Long
BINANCE:KSMUSDT   KSM / TetherUS
πŸ’Ž Paradisers, focus on #KSMUSDT, as it's currently exhibiting indications of a significant movement from an essential demand level.

πŸ’Ž #Kusama is on a rising trajectory, suggesting a possible bullish break from its present demand zone. The expectation is for a retest of the demand level at $40.56 before it continues its upward journey. If #KSM successfully sustains above this level, it could pave the way for a climb towards the major supply zone at $63.04.

πŸ’Ž However, if #KSM faces challenges in maintaining its stance above the $40.56 mark, we might need to rethink our trading strategy. Under such circumstances, our attention would shift to potentially starting a bullish movement from a lower bullish Order Block (OB) level at $33.52.

πŸ’Ž It's crucial to keep a close watch on this level, as a breach below it could lead to a significant downward trend.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

GO FREEπŸ‘‰ t.me/+BPd2gjl6OHZjYmQ0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
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.