PreSager

KMD Narrowly Escapes Short-Bear

BITTREX:KMDBTC   Komodo / Bitcoin
KMD recently had a TK cross that created a bullish opportunity leading up to the right circle.
The right circle indicated a "K over T" Cross that DIDN'T happen, therefore, no bearish moments for at least a few hours. The volume indicator shows a large uptick recently.

We'll see where it goes from here, I'm suspecting down since the RSI indicates that its at its upper threshold (double topped).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.