coia.aidan

Komodo Pennant potential

Long
BINANCE:KMDBTC   Komodo / Bitcoin
Komodo has formed a pennant after a large spike on August 3rd. There are 4 touchpoints along the top trendline and 3 along the bottom, so I expect the breakout to follow the next touch of the bottom trendline. Keeping stop-loss relatively close in case of negative breakout.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.