Komodo is a real Gem on the market right now, one of the very best buys there is I figure.
The project is still active, developing, and on many top exchanges.
Komodo has hit a bit Double Bottom on the 3 day chart
There is a bullish divergence in the RSI
MacD has stabilized around mid
Buy Komodo ASAP
1st Target 3000
2nd Target 8000
3rd Target 34000
♻️Condition : If 1-Day closes ABOVE 0.7$ zone
🔴Buy : 0.7
🔴Sell : 0.85 - 1 - 1.15
♻️Condition : If 1-Day closes BELOW 0.7$ zone
🔵Sell : 0.7
🔵Buy : 0.55
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY...
💎 KMDUSDT has broken above the descending channel. After the rejection from the major resistance the price is back to previous support. If we get rejected here it is expected that the price pumps from the support zone.
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.9513- 0.9078
☕️ TP1 1.0084
🍺 TP2 1.0987
$KMD broke out from daily descending resistance line and confirmed it as support also price hold above weekly ascending support. a weekly break out from descending resistance can lead price to touch resistance zone around $1.5 . and break above that can cause more increase to $2.
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
$KMD has several large improvements coming by EOY and should be a catalyst for a move upward.
Anticipating bitcoin and the majority of other alts to top in DEC/JAN.
Komodo will likely have a delayed impulse up, after the other blue chip alts/bitcoin have cooled off.
komodoplatform.com is up-trending for a few months now and is very likely to continue bullish!
Komodo features AtomicDEX, a non-custodial wallet and atomic swap DEX rolled into one application.
Risk/Reward= 1:1.75 | 1:3.67 | 1:7.38
Expected Profit= +35.83% | +75.02% | +151.01%
Possible Loss= -20.46%
Fib. Retracement= 0.5 | 0.618 | 0.786
The price push that had place on 06/09/21 failed to break the resistance and bounced off the upper trendline which seems to be respected on both on arithmetic and logarithmic scale.
The key level to break & hold here is 1.62
I started to accumulate this coin last month, although I'm not making no bigger entries for now. But I'll be keeping an eye on it.
KMD has been in a nice uptrend but is currently pulling back. It has approached a strong support level and could provide a good buying opportunity. If we see price consolidating and stays supported here, I will take a buy position once bullish price action is confirmed.
Please note these are my own notes, by no means trading advice. Please do your own research...