The title of the article said "Kusama Parachain Auctions", and that was enough for me to jump onboard. I hereby quote from the article:
"The first real-world functional parachain Statemine, began processing permissionless transactions after an on-chain upgrade last week. After some smooth running over the weekend, the time is coming to move to the next stage: slot...
Weekly Elliot wave is my prediction. Wave 0-1 completed.
Wave 2 -3 pullback was right on a good fib level and now it seems we're on the way to Wave 3.
I have to 2 potential targets for wave 3 so I will take profit on the 1st wave 3 target indicated on the chart. If it continues to climb, I will re-enter my position and carry to the 2nd wave 3.
UCTS showed a new 1D Buy a few days ago (usually strong)
Currently crossing above ~824k sats level w/ increasing volume on a ~20% daily candle
Just 10% away from ATH
Looks good if it can hold above the breakout level
KSMBTC has recently started a small trend, if we can continue increasing momentum and volume this might prove to be the beginning of a strong move up.
We just recently closed above the 180 EMA, we need to flip this as support, before the move up can be fully established.
Meanwhile we have a strong increase in volume and the start of a new trend, as shown by the...
Starting to DCA my way into KSM with BTC, in the purple zone I will buy more agressively.
First Target for KSM is 0.025 BTC, 2nd is 0.05. Dollar Potential is multi 4 figures.
Fundamentals are strong, Pumpamentals even better. Only 10M supply, Staking Demand. Polkadot explosion.
The price bounced on 0.382 Fibonacci level and now the price is testing 4h resistance. IF the price will have a breakout According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
KUSAMA recently had a very strong rally (check my last update) but was overextended very quickly and as said almost fell off my chart.
Now we just came out of a 26% correction and consolidation and we saw strong support coming and quickly pushing KSM out of the traingle.
Currently KSM is retesting support to blast off potentially to a new ATH against BTC but at...
the purpose of this post is to support my previous trading Idea, if haven't seen it I recommend you have a look at it first(link attached). first let me briefly describe what you are seeing on the chart. In white you can see the price of KSMBTC , while in black that's the set of technical indicators that I'm using. this set is composed of simple...