DeBaas
Long

Komodo trending up

BITTREX:KMDBTC   Komodo / Bitcoin
Seems Komodo has reached it's bottom and is slowly trending up. Looking good for the past few days, on the 4H chart as well. Should hit the 50.000 sats (25% growth) within a week or so. Volume is a bit low but normal considering market conditions. Seems like a perfect buying opportunity right now.
Trend continued after 3 not so great days, it did indeed bounce of the BB and went up again. Not making waves but slowly creeping up with RSI still looking good, price has higher lows and higher highs. Today it has a nice breakout, might signal a small test pump. On the FA side we should expect lots of great updates with software launching and the new marketing people starting to make some first moves. 40k sats incoming in the next few days it seems.
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Seems the trend did not held up. 3 bearish days followed after this day. Bollinger bands squeezing though and today is breaking the bottom band so expecting to see at least a slight uptrend. RSI still mildy positive on the daily and stoch rsi is coming up for a uptrend as well. 1 or maybe 2 days should for slight uptrend. Volume still low, ichi, EMA and support not very positive.

Personally think we see it rise 10% within the next 2 days. If that is not the case, it should go down 10% and hit it's support at 30000 sats

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