Hi dear friends, hope you are well and welcome to the new trade seutp of Kusama ( KSM ) coin.
On a monthly time frame chart, KSM has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
- i made this chart in Euro because the trend seems more clear than USD.
- Just convert € to $ if u want to play it in Dollars.
- will post in comments older analysis.
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Trading Plan
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Buy Zone : Now ( 140 - 145 €)
TP1 : 260 €...
There are 2 possible scenarios for Kusama ($KSM) that could play out:
1) KSM has formed a Head and Shoulders pattern on the daily timeframe. A confirmation of this would be a breakdown below the neckline level of ~$290. This would mean KSM would slump further. Note: The head and shoulders pattern on the OBV has already played out.
2) KSM could find support...
Hi everyone,
Last month we had presented Kusama as one of our picks and we did well.
Price has now corrected and technically looks like a good new entry price.
Fundamentally you can read about Kusama here , it is Polkadot's Canary Network and given that Polkadot has a limited number of projects/tokens that it can take under it's roof, Kusama will be taking...
Technical analysis regarding the price of KUSMANA in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price moving upward, within that bullish channel. It is respecting several levels of the Up Trend Line (we can even design a channel, with parallel lines)
RSI> 60 and gaining momentum, along with MACD with large buying mass driving the...
Kusama is breaking a bullish continuation formation. We will look for a profit related to the previous impulse. At a minimum we will look for a 1 to 1 in our risk to reward ratio.
The Kusama network is Polkadot's experimental, community-focused R&D network. If you held the DOT indicator token at the time of the genesis block of Kusama, you are entitled to claim an equivalent amount of KSM on the Kusama network.
As stated on Google, 'Kusama is a scalable multi-chain network for radical innovation and early stage Polkadot deployments. ...
Kusama rallied to highs of $73.85 on Wednesday but failed to sustain the gains, leading to a reversal to $40.
KSM/USD could remain pivotal at $50 following a shallow recovery supported by the Ichimoku cloud.
Kusama is among the best-performing cryptocurrency in the market, especially if August is taken into consideration. Moreover, the massive bullish action...
