TradingView
tradinggrey
Jul 13, 2022 2:21 PM

KMDUSDT Analysis July 13, 2022 Long

Komodo / TetherUSBinance

Description

An update on our analysis from exactly one-week ago, we are very Bullish on Komodo, KMD, and think maybe it has found a bottom. Utilizing the Engineer is such a game changer!

We will sell for BTC at the ($0.40) and ($0.525) Resistance areas. KMD is down 96% from its high in April of 2021, and over 83% from the Sell indicators back in December of 2021. The Horizontal Support Line at ($0.177) has been established and we are bouncing off in a big fashion today. The Weekly Downtrend Line was broken and we retested the ($0.177) Support Line.

We have numerous Buy signals and waiting on that Super Buy, we will confirm if the Moon signal sticks around before closing bell.

Not Financial Advice...Trade with Confidence and Control.
More