KSMUSDT Analysis for upcoming week
As per my analysis, KSMUSDT took the support of trend and consolidated enough to retain its previous position above the resistance.
RSI is indicating clear upward trend on 1H chart. Market sentiments are also in favor as in previous days buys tried to maintain their position above the support.
If we talk about entry level then it falls between 430-450, later on if it breaks the resistance of 490+ then its going to touch the level of 600. Put your stop loss below 400 and move to breakeven when it crosses the first resistance level. Do not use too much leverage.
Support my analysis if you think its appropriate and share yours.
Trade on your own risk and Best of luck from my side.
RSI is indicating clear upward trend on 1H chart. Market sentiments are also in favor as in previous days buys tried to maintain their position above the support.
If we talk about entry level then it falls between 430-450, later on if it breaks the resistance of 490+ then its going to touch the level of 600. Put your stop loss below 400 and move to breakeven when it crosses the first resistance level. Do not use too much leverage.
Support my analysis if you think its appropriate and share yours.
Trade on your own risk and Best of luck from my side.