Tilt101

$KMD Consolidating

BINANCE:KMDBTC   Komodo / Bitcoin
$KMD has an increase in volume recently. Bouncing between resistance and support. They're going to a blockchain festival in Vietnam this week but I don't see it as a big price driver. They also have a rebrand coming in the second half of 2018.
That being said, I think we continue to consolidate until a we get a catalyst. I doubt the triangle will play out fully but until money comes into the market we're probably just moving sideways. Good news is that the support shown is pretty solid near bottom support.

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