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KinaStar
Mar 20, 2024 4:18 AM

KOMODO ⭐ Long Term Spot Plan Long

Komodo / TetherUSBinance

Description

Hey guys!!

Well this is a coin request and I'm glad to be able to share my views on this project. As I've marked in the chart, I placed icons to help notice important areas to take actions from.

Reality is that this coin is under a ranging market at the moment but based on ALL TIME flow, this is still bullish as its structure has never been broken (0.14 - 0.13) -> BEST possible prices to have ever bought this coin at.


1) BUY icon for the buy zones displayed in yellow rectangles. I believe these areas are great to take a spot position. You can also buy the breakout of the range if you want to secure the bullish reversal bias OR if you like it hard, take a risk and buy support hoping that it would eventually break the range.

2) If the purple line gets crossed that would mean a strong bull market may just be taking place by that moment and if that happens HOLD for the ultimate target the ALL TIME HIGH.

3) Long term targets to take partial profits as price gets there:
1 dollar
4 dollars
12 dollars

It could take months and a really long time but when the bull run begins this is going to fly to targets marked above and could even go BEYOND.

Tip of the day: Have a plan to manage assets and money properly. If you got stuck in the wrong side of the trade, don't worry, it happens to the best of us. There's always a chance you could still get a chance to buy lower, just be alert and patient.

Keep it shiny ⭐
Kina, The Girly Trader

Comment

Still in the ranging zone, good to enter!

Comment

It faked out the resistance and went back into the range so still giving entry opportunities
Comments
okiaditia46
any update of this?
KinaStar
@okiaditia46, well price entered back into the range so for the long term I consider the buy areas marked in the chart. Either the breakout or the lower band support

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