Forming Descending Channel In DAily tf incase Of Breakout Expecting Massive bulish wave
Price is currently breaking below the support around $24. I expect price to move down to fill the imbalance around $23 then tap into the 3h demand at $22.3 before moving up again.
Hello my Fellow TraderZ, Finally we see here #KUSAMA $KSM is breaking out of the FALLING WEDGE Pattern on the DTF. Volume for the Breakout candle is quite good. However, seems like #CRYPTO is seeking for some sort of pullback here, so I've mentioned two of the ways $KSM can follow here. Keep your eyes at this one. Happy Trading. CHEERS!!!
You can long KSM from here it buy it in spot. It is looking very bullish. Buy signal
***What is the Falling Wedge? .................................. The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a...
KSM is approaching the descending trendline on the 4H timeframe. If the trendline is broken we might expect some bullish movements upward. Opening a LONG position at these prices.
If there was a race amongst the alts for who fills their October CPI dip wicks from last week, KSM could easily lay claim to the finish banner easily. I expect a total mitigation of that wick, where a 6hr support and a demand zone is nestled, and a hopeful burst of energy towards June 2022's high around $89. I expect this to be a swing that would surely have its...
Hello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for KSMUSDT In this chart, we have R2 and R1 as the resistance areas which both represent the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas at the bottom in which the support of price at several points is obvious. Hence, we...
When observing the Weekly and Daily we see that the RSI has reached oversold regions and is diverging showing possible strength coming in soon. I am waiting for one more low to form around $37 to complete my wave count before a long position. Everyone still bearish but the charts are showing a strong market for the rest of the year. Trade safe God Bless
Looking at the daily, you can see the formation of an accumulation triangle with a higher probability of a rise, which can raise KSM to values, at first, around $48.62. Which would be awesome and there's also a magnetic force from the ichimoku cloud which makes KSM make an upward move. From the top (05/17/2021) to today, it corrected about 93.46% which gives us...
KSM is moving in a symmetrical triangle and trying to break out. The point of control is also acting as strong support inside the triangle.
KSM 1H Supports and Resistances: S- $42.25 S- $42.46 S- $42.06 ===================== R- $43.23 R-$43.48 R- $43.03
Hello my Fellow TraderZ, Lets catch the #KUSAMA $KSM before it fly. $KSM is ranging inside the SYMMETRICAL TRIANGLE Pattern and trying to break it. Buy only after the candle closing above $44. Orange lines are TP Points. CHEERS!!!
Quick position for short This is not financial advice. Trade at your own risk.
On the 1D chart, it has formed a downtrend line, which it is currently trying to overcome, its RSI shows a cooling off from buyers, making such a breakout difficult. In the Keltner Channel indicator, KSM is positioned at the channel's median, if it looks for the upper line that coincides with the Ichimoku cloud, we can witness the breakout of the downtrend line.
Focus on chart. I think it will dump and then test the trendline Support. Then we may a huge pump.
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and higher Target zone: 34-28 after first target reached move ur stop to breakeven Stop: ~60 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to risk is justified Good luck...
What Is Kusama (KSM)? - Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains. - By deploying on Kusama, fast-paced projects gain...