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Kusama / Bitcoin

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KSMBTC trade ideas

KSM possible entryPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ KSM has fallen the past week due to uncertainty in the market. As Bitcoin price drops today we see altcoins following, however we also notice several which are holding up quite nicely in comparison. RSI is almost in the oversold region. Last two times it was here, we saw a very nice run up. During both those times price was trading below the 50 & 200 EMA. Today we're still above the 200 EMA, which is a bullish sign. What do I expect to happen? Either we get a bounce here on the .382 FIB level, or we fall further down towards either the 200 EMA or the golden pocket. Entry points: 2515 - 2400 - 2300 SL: 2199 TP: 3000 - 3500 - 4299
Long
by Coinathlon
KSM healthy retracementPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ Kusama has seen a nice run since the beginning of the month. We have now experienced a healthy correction in which we see it break the channel and fall below the 50EMA. You can see my trade on the chart. Very tight stop loss because if we don't hold the @ 2647 sats, we will set a lower low and break the uptrend entirely.
Long
by Coinathlon
KSMBTC bounce on daily support 🦐KSMBTC bounce on daily support and now the price is forming a bull flag IF the price will break the bull flag According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
14
Kusama (KSM) dropping but for how long? Big things coming!For those looking for a solid data interoperability project I highly suggest you look at KSM and eventually DOT (Polkadot) when token are open to trading. Kusama is A Canary Network based on Polkadot By now you would have seen Polkadot starting to get some serious attention from a select few in the Crypto space. Kusama was founded by the founder of Polkadot, Gavin Wood. Gavin was also a co-founder and CTO of Ethereum. The official Kusama website states that it is a "Polkadot experiment" and to "expect chaos". Kusama is a scalable, multichain network designed for innovation and shares an almost identical codebase and infrastructure to Polkadot. The network is an experiment for blockchain developers who want to accelerate and innovate on Kusama. Despite KSM being a "Canary" for Polkadot (DOT), it is still a solid project and is one of the best data interoperability projects out there. Buy the dip (assuming it goes that low), this one is a good long term long play and worth holding for an extended period. Either that of make some quick profits and sell at resistance levels.
Long
by TheWolfOfBlockchain
1