Will KSM USDT PUMP?KSM USDT
On the strong demand zone might pump after the retest can go to the moon,
KSMUSDT trade ideas
KSM.USDT (P21.P2.E2).Uptrend.stalkingHi Traders,
Sorry to get this out late but might as well put it out there as its got a trend that keeps on giving.
I just jumped in with this last candle in the making, just lucky, right place right time.
How to trade this?
Keep an eye on this.
Stalk it on the 4 HRLY and look for the next pullback\cradle setup.
All the best,
S.SAri
KSM: utility and governance goldKUSAMA
KSM, the official test net of Polkadot is one of the most fundamentally strong projects in crypto. (research why yourself)
With the launch of their parachains and full testnet we basically see a roll out of Polkadot v1.0 with numerous clients and partners.
Although it is a testnet; it does offer the full Polkadot feature set and is the first one to launch innovations...
LONG TERM
The governance / utility token KSM is an amazing scarce asset with great token economics (most of them released) and is still undervalued in marketcap.
By the end of the year I expect Kusama to be between a 15 and 20bn marketcap, but even more is possible depending on adoption.
Long term KSM tokens will be like governance gold and I expect Polkadot and Kusama to play a major role in Web 3.0, Defi and intra-chain connectivity.
I definitely see KSM and DOT both respectively push projects like ADA, THETA , DOGE, BCH, LUNA and LTC from the top spots.
TOKEN ECONOMICS
Market Cap: $4,155,693,549
24 Hour Trading Vol: $548,112,535
24h Low / 24h High: $413.74 / $501.87
Circulating Supply: 8,980,098 / 10,000,000
Fully Diluted Valuation: $4,627,670,561
Max Supply: 10,000,000
MID / SHORT TERM
In the mid / short term we can see more growth for KSM and I see Kusama outperfom BTC, ETH and other major alts for the next 4 to 6 weeks - with a price target of 600$ (+30%) in that same time.
KSM long Have a couple of different perspectives here: Fibb or Support Resistance approach. Lets see what happens.
KSMUSD LongTriangle Continuation Trade.
Slightly risky as BTC broke upwards trendline.
Nonetheless, price has consolidated nicely for a breakout.
Kusama $KSM could see some action in about 8 hours timeThis could be a symmetrical triangle pattern emerging here. $KSM is trending because the parachain auctions will be announced any day, so it might be a good investment no matter which way it goes.
Parabolic in CryptoOne of the best pattern found in $KSMUSDT let's HODL until it breaks. Fast scalping here is not recommended, if you haven't had any position just milk the rest of the ride. Follow for more ideas like this
KSM// Ascending ChannelKSM has been in this ascending channel for the past month, and is arguably one of the relatively less correlated tokens in response to previous BTC drops. KSM has also been very popular among the Crypto community. I believe its apart of the Polkadot Ecosystem, dyor.
From a technical standpoint this would be a great time to re-enter or add positions. Price had a strong bullish impulse and high volume candles rejecting the bottom of the trend-line.
Reasons not to enter...yet:
1. In previous TL touches, price has tested the area multiple times before appreciating.
2. Looking at my previously drawn Fibs from the start of the month, Price is between -27 and -61%, a safe area to enter would be after a strong close above and support above -61%. While it may cut potential profits...preservation of capital to trade another day.
3.We had a series of strong bearish high volume candles. Many short term buyers are probably thinking of taking profit.
Let me hear your thoughts, previous Kusama analysis linked.
KSM/USD - Over $450! Can we still go higher?If you check my old KSM chart when we were under $100 I predicted $450 as a key target... now we are here. Impressive run from KSM.
As you can see we also find ourselves in a massive ascending channel (in blue) and if that is to be taken for granted, there is still room to go up until we hit its top resistance at around $800.
For that to happen we need to break this local resistance we find ourselves under right now. If we fail and fall below the yellow parabola, then KSM may take a break and consolidate like it did in late Feb/early March before a renewed push.
KSM is a strong coin and performer. Well played if you entered early.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
$KSM Up The Ladder$KSM is working it's way up the ladder, potentially looking for a breakout move on April 1st
Kusama first. Then move to polkadot. Research Parachain AuctionsYou will probably know it's time to move from Kusama to Polkadot when Kusama hits the top 10 in crypto market cap.
Or dynamically move into polkadot before the polkadot parachain auctions start.
I wanted to go much much deeper than just price here but let me know if a deep dive into KSM value is desired. Thanks
KSM 4h bearish divergenceWhat the chart shows.
*shorting in bull market is always a bad idea*
make sure you manage your risks.
KSM Refueling before Major Pump with DOT PartnershipAnyone else excited for the end of the month with KSM? KSM is currently sitting on the blue support line and looks real tight in my opinion, it may drop to 377 level and consolidate when there's not enough news to pump it up or even catch the another blue support line.
Nevertheless, very bullish on this coin, see you champs at early April:)
