Made by whymepls
#KSM 12H
Cryptovizor data: TREND 🔴🔴🔴🔴🔴 MA 🔴 RSI 🟠 20.05.2023
Volume 1D 938.1 K CD Week 676.08 K
Kusama, created by Parity Technologies, is a testing ground for developers to deploy their own blockchain. It's also a preparatory network before launching on Polkadot.
Currently, KSM is below the MA50/MA200 on the 12-hour chart, making long positions irrelevant. Despite being oversold and forming a bullish divergence, the bounce hasn't reached its targets yet.
Alerts have been set for resistance levels around $27.3 and $28.5, awaiting volume and a potential short entry point.
#trading #crypto2023 #analysis #cryptotrading