Looking at our highest timeframe we see KMD has been in aggressive downtrend since December 2017, lower high recently formed back in April 2018. showing us momentum is heading towards the downside. Potential formation at 35000.
Shifting over to our pattern timeframe we see price has broke out of its descending , only to find resistance at 45000. Lower highs were formed at 44000 and slightly above 40000. showing sun momentum looking . A daily close above 35000 activates our trade.
After daily close above 35000