HiTech
Long

Komodo vs Bitcoin - Great Timing?

BITTREX:KMDBTC   Komodo / Bitcoin
Komodo found the support at 17k satoshi, that is 261.8% Fibonacci retracement level applied to the corrective wave after the ascending channel breakout. The rejection was very clean, followed but the wave up which resulted in break above the descending channel .

Current price action suggests that KMD/BTC could be correcting upwards or even reversing for a longer term. Price could rise up to 40k satoshi, where previously Komodo formed a double top . Break above that resistance could result in a continuation of the upwards momentum but it is yet to be seen. Only a daily break and close below the 17k satoshi could invalidate bullish outlook.
Comment: I'd love to hear what you guys think... but this is one of the best coins right now...
Comment: likes would be nice
Trade closed: target reached
Wow great call HiTech, feel so FOMO i didn't buy in :(
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would you advise to take a position for Komodo, or is it too late ?
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Your predictions are real great, I give as many likes as you need :)
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KMD is severely undervalued however I think it's a little too good at passing undetected (something you want in a privacy coin). Unless some serious heavy hitters come along and blast it to high heaven, I'm not sure how the masses will get the epiphany that Komodo is what they've been missing all along.
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Likes, the last 2 you gave me were great. Verg is crushing it...
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HiTech crankycrypto
@crankycrypto, hopefully will continue that way :)
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Just bought. Let´s try it!
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expected time for 40k ? 2 weeks maybe ?
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HiTech krakowiakwojciech
@krakowiakwojciech, yes about 2 weeks I'd say, but could be less
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Thank you very much for your work! I appreciate what you are doing, TA takes time and nothing force you to share them. Keep up the good work
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