It's been a while since price in Komodo has broken above the long term corrective structure after a massive impulse to the upside. We are in a bullish context at the moment although price is retracing to lower levels. If it will continue falling to the down, very soon we will have the completion of a bullish bat pattern which has great potential to the upside. In the chart I ve highlighted potential tp based on previous structure.
Pattern completes at 0.00032 Stoploss: Below X point at 0.00028 Tp: As discussed above
Komodo is a great project on its own and definately should be in any trader's portfolio :)