KSMUSDT trade ideas
KSMUSDT is testing the daily resistanceThe market created a round bottom exactly on our support around 158$.
As you can see on the upper chart, the price bounced several times in that area, which means that this support is very strong.
On 4h timeframe, we can see a round bottom and a breakout from the 4h resistance, and now the price is testing the 0.5 Fibonacci level on the 206$
How to approach?
The price needs to have another breakout from the descending channel and retest the daily resistance as new support. IF the price is going to satisfy our rules, we could see a retest of the weekly resistance around 255$
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
KSM Big SupportKSM is testing the Neckline of a massive Double Top from a year ago, which makes it a very strong Support channel.
A few targets within the weak descending channel:
Target #1 = 165
Target #2 = 161
Target #3 = 158
Target #4 = 156
SUPPORT DAILY = 156 to 141
Once KSM reaches the Support Daily/Neckline, watch out for turbulence. I'll consider entering after it breaks down the Neckline. If this thesis holds, KSM will be in freefall.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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HUOBI:KSMUSDT
BINANCE:KSMUSDT
FTX:KSMPERP
BYBIT:KSMUSDT
KSM, keep an eye on this trend line.A trend line can be identified on the KSM chart. At the moment it is resistance. In case of squeezing and breakout, there could be a good buying opportunity. I would also like to note that there is high volume on the bottom, which is a positive signal.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Kusama (KSM) formed big bullish Shark for upto 322% rallyHi dear friends, hope you are well and welcome to the new trade setup of Kusama ( KSM ) coin.
During the previous market crash, KSM formed a bullish Shark pattern, which I shared as below:
Now during the current drop, on the weekly time frame chart, KSM has formed a bullish harmonic Shark pattern for a big bullish reversal move.
KSMUSDT Wave Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
The zone of confirmation or cancellation of this or that scenario, fixing or not fixing above the 250$ zone,
if we fix, then we will follow the yellow scenario,
if not, we can complicate our correction to a double zigzag (wxy) and then we will fall to the 100$ area, where we will need to buy.
Entry: market and lower
MAIN TARGET ZONE AT THE END OF BULL RUN: 750-1000$
Stop: (depending of ur risk). ALWAYS follow ur RM .
Risk is justified.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Kusama - long term tradeI am optimistic on the market in this area, not because this coin gave me profits in the past, but the daily graph is an solid uptrend, despite overall dark atmosphere at the moment... I Love the project, I like what I see on socials and definitely it's my top3 pair in next bull run. Very low Volume, watch out it's going to a bumpy ride!
My strategy: I'm going big on every trade consequently putting very tight stop loss so I can execute that setup again with better numbers instead of being stuck with red bags. Sometimes I might catch stoplosses 2, 4, 6 times before reaching TP.
KSM USDT |+80% Potential Profits#KSM-USDT
Entre from 260 to 250✅
The recommended capital is no more than 5%
Total Risk is 1% from the wallet
Targets:
- 287 USDT
- 330 USDT (sell at least 50% on this Huge Resistance may stop bulls from climping up more)
- 298 USDT
- 277 USDT(assign very small amount for this target)
Stop-loss:
Close Weekly candle under 212
🌹Don't trade without risk/capital management and Stay Safe 🌹
🌹 Thank you 🌹
See available trades to enter on Related Idea section