well well. we rarely see a golden cross on KSM on daily, guess when it happened last? this week only :)
KSM is an exception in Alt coins, it has limited supply and most of it is locked in parachains or in staking, So once it picks momentum, it is really hard to stop it!
If bitcoin is all good, i mean it doesnt decide to end this bull run, You can expect stable...
". There is a possibility of temporary retracement to the suggested support line (482.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. KSMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
KSM looks primed here. Downtrend Break out followed with a retest. Support seems to have been clearly established and I am expecting its next leg up to happen very soon providing bitcoin doesnt take us out. RR is very good with this one. Small Stop as we are close to structure.
Good Luck and happy trading.
KUSAMA is printing a price action within a falling wedge. It got rejected 2 times from 200 SMA but this time it might be different. It is the holidays and there is not enough volume on the market so the pattern might change in a second.
KSM / BTC
Buy partially not once 👇
2760-2750 sat current price (20%)
2650 sat (30%)
Stoploss daily candel close below 2500 sat
4000+ sat (long term)
Risky because btc on move
But if you buy partially the risk will be very small
KSM / BTC
🌟 Techincal Analysis🌟
After breakout the decending channel
Ksm retested it and did nice jump today
The next resistance on chart
If it hold above the channel
Expecting it reach resistance area soon
This is not financial advice
You should have a plan before trading
Never trade blindly and use stoploss
Good luck and happy trading 🌹
Lets look at Kusama (KSM/USDT)
After huge bull run it needs good correction. First key level for short position is around $16.5.
The last strong movement began from this numbers.
This trade has an excellent risk / reward ratio 11/1
Script settings for 4H timeframe:
· Signal calculation type - "hl2"
*Based on new beta version ATS
The release will be next week