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MrMartyP
Jul 30, 2020 9:52 AM

Komodo, KMDBTC, 2020 Range play Long

Komodo / BitcoinBinance

Description

Another simple S & R chart showing important 2020 price points in KMDBTC. Buying at the bottom of the range has proven to be an easy way to stack sats all year.

Trade active

Note the tests on the upper resistance and lower support. I expect the next one to be retested will likely break. Position yourself accordingly, should the lower one break KMD effectively enters negative price discovery, something to be aware of. Always use a SL, especially in times of increased BTC volatility.
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