KSM Channel with Upper and Lower limitsI have sold my KSM holdings . I know this seems like a bold move, but I prefer to move into another asset that looks more promising for this short period of time. I'm only sharing my action on it, not recommending it per se. I will probably buy back in a future, but not hold it now.
This is a curved projection channel created upon a bounding box. The chart is presented over a log price scale. For its creation we use 3 "moving averages" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
KSMUSDT.PS trade ideas
KSM GRINDS ITS TEETH FOR A PARABOLIC MOVEKSM has broken and retested a crucial level only to confirm an upward move towards the next resistance zone which lies in the region of 340 - 360.
B Bands are expanding along with a cluster of support factors, i.e. EMA50 & EMA 100. The median line is acting as strong support now with all the bullish momentum that the price action showcases.
A golden cross is on the verge of passing between EMA 50 and EMA100. It is not always accompanied by bullish price action; however, recent developments of the price action suggest that this cross might boost KSM's chances of an uptrend.
The move to the next resistance could produce a 29% profit. Plus, trade at this point offers a decent R/R.
KSMIt came out of its oscillating channel
Broken dynamic resistance
Ichimoku cloud conditions will soon improve and a green cloud will form
From the previous analysis, it has reached 30% profit
By passing through its static resistance, it will reach the specified Target
In the case of Pulbek, the purchase range of the channel roof is broken
#KSMUSDT Daily Chart
Price is still failing to break through the resistance level at $246.67 and keeps rejecting it. We had a bearish divergence on RSI and price is trading below the EMA however MACD is still bullish. Once the $246.67 level is broken we will aim at the daily supply zone at nearly $400.
KSM is ready to take offKSM just finished a nice huge cup with target at 340$
Last time bitcoin was at 41k ksm was at 540$, am expecting this beast to be on fire for the next few days
after we retest 240$ successfully and confirm upward price action,
my targets are
304
349
394
449
540
Not financial advice
DYOR
good luck
KSMUSDT is testing the daily resistance 🦐KSMUSDT is testing the daily resistance, if the price is going to satisfy our rules, we can open a new long position
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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.
⚫️ Black structure -> <4h structure.
KSMUSDT - Long - Potential - 34.02%KSMUSDT - Long - Potential - 34.02%
Exchanges: Binance, Bittrex, Huobi.pro, KuCoin
Signal Type: Regular (Long)
Entry Zone:
163.29 - 182.529
Take-Profit Targets:
1) 188.40
2) 206.40
3) 244.02
Stop Targets:
1) 141.23
Entry Triggers- Nice bounce off the EMA 200, solid reversal alongside bullish start for BTC