$KSM$KSM havent moved much after BTC recovery, can see a nice good run to cross 300$ giving near 30% from CMP.
But try buying bellow 230$ market can show some pull back.
but I am buying here.
KSMUSDT.P trade ideas
KSMUSDT analysis in 1H time frameAfter a rally of almost 45% Kusama now forms a bullish flag pattern in 1H time frame. Breakout of the flag pattern with bullish candle can give a healthy move towards the above resistance.
INDECISIVE MARKET Both Long and Short signals mentioned. Bearish divergence supports the SHORT signal. $216 is acting as pretty strong resistance level.
Swinging KSM CoinFor a daily trader, who wants to make quick profit in short span.
i have marked trend lines, resistance suport on hourly time period, and candle interpretation from 3 minute char
Please set the time frame of chart to 3 mins. Here we can observe in Sl no. 2 That the Volume of Coin has increased drastically and price has increased the candle stick pattern formed is a Marubozhu Candle pattern with a slight wick on top. The next candle stick is bearish in nature with a small volume. Price increase with volume decrease means the decreasing down trend .
Significant downtrend in next few minutes , price falls from 421 to 412
💡Don't miss the great buy opportunity in KSMUSDT @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (380.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50
Take Profits:
TP1= @ 452.78
TP2= @ 487.25
TP3= @ 553.50
TP4= @ 624.76
TP5= @ 660.56
SL= Break below S2
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💡Don't miss the great buy opportunity in KSMUSD @kusamanetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (482.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KSMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 569.90
TP2= @ 628.41
TP3= @ 711.50
TP4= @ 790.00
TP5= @ 911.63
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
