KSMUSDT.PS trade ideas
KSMUSDT | APPROACHED TO SUPPORTKSMUSDT is at horizontal support where bulls once again can show some momentum, while having a double bottom too. The falling trend line is a hurdle for bullish trend continuation. There is a bullish divergence on RSI too.
The break above falling trend-line will give complete control to bulls. While break below double bottom will give strength to bears.
Trade your levels accordingly.
KSM/USDT. 💰 #KSM/USDT Daily Timeframe
🐃Bullish structure on Kusama:
- Breakout of the Double Bottom on Daily
- Bullish Flag below the resistance confluence of 37.70 Supply Zone + Descending Resistance
One thing we need to do now is to break through the mentioned resistance conflunce☝️ Full Send if we do so ✈️
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KSM Buy the breakoutHello Traders!
Welcome back to another trade with Analyst Aadil1000x.
Today we are preparing to buy the KSM after a breakout. We are aiming minimum of 3.2% move. We are setting a buy limit at the reversal point.
KSM Buy Limit @ 34.90
Stoploss 34.22(-1.95%)
Target 1, 36.02(+3.18%)
Final Target 37.92(+8.65%)
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Go go//@version=4
study(title="OBV Divergence Indicator")
pivot_right = 5
pivot_left = 5
max_range=50
min_range=5
obv_value=obv
plot(obv_value, title="OBV", linewidth=2, color=color.black)
//check if we have pivot low in obv
pivot_low_true = na(pivotlow(obv_value, pivot_left, pivot_right)) ? false : true //returns price of the pivot low point. It returns 'NaN', if there was no pivot low point.
//Create a function that returns true/false
confirm_range(x) =>
bars = barssince(x == true) //Counts the number of bars since the last time the condition was true
min_range <= bars and bars <= max_range // makes ure bars is less than 60 and less than 5 and returns true
//------------------------------------------------------------------------------
// obv higher low check
OBV_HL_check = obv_value > valuewhen(pivot_low_true, obv_value , 1) and confirm_range(pivot_low_true )
// Price Lower Low check
price_ll_check = low < valuewhen(pivot_low_true, low , 1)
bullCond = price_ll_check and OBV_HL_check and pivot_low_true
//Plot the areas, terneary conditional operator
plot(
pivot_low_true ? obv_value : na,
offset=-pivot_right,
linewidth=3,
color=(bullCond ? color.green : color.new(color.white, 100)))//colornew applies the specified transparency to the given color
)
plotshape(
bullCond ? obv_value : na,
offset=-pivot_right,
text=" BUY ",
style=shape.labelup,
location=location.absolute,
color=color.green,
textcolor=color.white
)
2//@version=4
study(title="OBV Divergence Indicator")
pivot_right = 5
pivot_left = 5
max_range=50
min_range=5
obv_value=obv
plot(obv_value, title="OBV", linewidth=2, color=color.black)
//check if we have pivot low in obv
pivot_low_true = na(pivotlow(obv_value, pivot_left, pivot_right)) ? false : true //returns price of the pivot low point. It returns 'NaN', if there was no pivot low point.
//Create a function that returns true/false
confirm_range(x) =>
bars = barssince(x == true) //Counts the number of bars since the last time the condition was true
min_range <= bars and bars <= max_range // makes ure bars is less than 60 and less than 5 and returns true
//------------------------------------------------------------------------------
// obv higher low check
OBV_HL_check = obv_value > valuewhen(pivot_low_true, obv_value , 1) and confirm_range(pivot_low_true )
// Price Lower Low check
price_ll_check = low < valuewhen(pivot_low_true, low , 1)
bullCond = price_ll_check and OBV_HL_check and pivot_low_true
//Plot the areas, terneary conditional operator
plot(
pivot_low_true ? obv_value : na,
offset=-pivot_right,
linewidth=3,
color=(bullCond ? color.green : color.new(color.white, 100)))//colornew applies the specified transparency to the given color
)
plotshape(
bullCond ? obv_value : na,
offset=-pivot_right,
text=" BUY ",
style=shape.labelup,
location=location.absolute,
color=color.green,
textcolor=color.white
)