Komodo (KMDBTC) just hit a new All-Time Low and this is accompanied by a very strong, classic, simple signal... Bullish divergence.
Komodo's weekly RSI bottomed December 2020, while KMDBTC hit bottom January 2024 —A very strong bullish divergence.
Here is the RSI:
We have very low volume as new lows are hit, bear volume that is while bull volume is strong for the past few years... This signal supports a trend reversal as well.
There can still be lower prices and the reversal can happen within weeks or days, just as it can take months... But if we focus on the long-term, this is an easy win.
Namaste.
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Bullish breakout confirmed. Just hit "play" on the chart to see that this is only the start.