We can also notice from the chart above how KMDBTC touched the back from March 2017. We can also see that a strong wave followed the bounce from this support.
We can notice on the , with strong hidden on the .
Important resistance levels (targets) are marked on the chart with grey and blue/orange dashed lines.
Conditions for change: Komodo ( KMDBTC ) is highly after last weekly candle close, but, if KMDBTC moves down and closes below 0.00009000, the above signals become invalidated and KMDBTC con continue going lower and test the next support.
Anything above this level and we remain .
Thanks a lot for reading... Feel free to hit like to show your support.
This is Alan Masters.
Previous Komodo ( KMDBTC ) analysis:
THIS IS NOT FINANCIAL ADVICE.
(1) 0.0001590 -Reached 5-July (+27%)
(2) 0.0001840 -Next target.