Made by whymepls #KSM 12H
Cryptovizor: TREND đŽđŽđŽđŽđŽ MA đŽ RSI đŽ 00:01 12.05.2023
Volume 1D 2.22M CD Week -361.38K
#Kusama the sibling of Polkadot, serves as a test network for blockchain developers. The asset is currently below the MA50/MA200 on the 12H timeframe, so a long position is not relevant. The RSI at 25 on the 12H timeframe suggests oversold conditions, with a forming bullish divergence hinting a potential rebound.
However, counter-trend scenarios aren't considered due to the daily volume of ~3M on the spot market, which could increase slippage.
Alerts are set for the resistance level around $28.5, awaiting volume and an entry point for a short position. #trading #analysis #cryptotrading