#KMD/BTC 1D (Binance) Descending wedge breakout and retest

Komodo bounced back on 50MA support printed two morning stars in a row, seems to be ready for another leg-up.

⚡️⚡️ #KMD/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 6.2%

Current Price:
0.00000835

Entry Targets:
1) 0.00000831

Take-Profit Targets:
1) 0.00001097

Stop Targets:
1) 0.00000698

Published By: @TradingOn

KMD KMDBTC #Komodo #PoW komodoplatform.com

Risk/Reward= 1:2
Expected Profit= +32%
Possible Loss= -16%
Estimated Gaintime= 3-6 weeks

Trade active:

Binance
#KMD/BTC All entry targets achieved
Average Entry Price: 0.00000831 💵

Comment:

KMDBTC is still accumulating above 50MA support, preparing for its next move, hopefully upwards!

Trade closed: stop reached:

Binance
KMDBTC Stoploss ⛔️
Loss: 16.0048% 📉

KMD lost 50MA support as well, printing a new ATL in satoshi.