KOMODO - (KMD/BTC) Breakout Confirmed - Long Opportunity
- This is a 4hour chart of KOMODO/BTC
- I see complete 5 wave structure with corrective pattern finished. Allows us to open new long position.
-MACD supports upward movement
-moving average confirms breakout
-targets are high confluence of i-ii of 3 fib ext & 1-2 ext
- Two stoplosses. The lower one will invalidate our wave count. Must be placed.
Good luck
- I see complete 5 wave structure with corrective pattern finished. Allows us to open new long position.
-MACD supports upward movement
-moving average confirms breakout
-targets are high confluence of i-ii of 3 fib ext & 1-2 ext
- Two stoplosses. The lower one will invalidate our wave count. Must be placed.
Good luck
Comment:
steemit.com/komodo/@...-kmd-buy-opportunity
Comment:
raise sl to 5440