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$KMD/USDT 1D (Binance Spot) Ascending trendline on support

Long
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BINANCE:KMDUSDT   Komodo / TetherUS
Komodo is accumulating above 50MA for two months now, it is very likely to pump in the coming weeks!
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Risk/Reward= 1:2 | 1:3.86 | 1:7.47
Expected Profit= +44.75% | +86.57% | +167.56%
Possible Loss= -22.42%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months

Current Price: 1.0111

Entry Zone: 1.096 - 0.986

Take-Profit Targets:
1) 1.414
2) 1.822
3) 2.613

Stop Targets:
1) 0.828
Trade active:
All entries filled

Komodo just regained 200MA support, finally showing some strenght after a long time of ranging, time to look back up!

Trade closed: target reached:
TP1 reached with +44.75% and +2R

Komodo pumped hard almost hitting 2nd target with up to +71.30% from average entry!
200MA is regained and is about to golden cross with 50MA, bullish continuation is in play.


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