$KMD Sitting over support at ~17k sats with a double test Volume looks exhausted on the selling side I'm waiting for some more confirmation (volume, start to break to the upside) to confirm a potential entry. Taking a position with a tight SL is also valid. #KMD
Buy Zone: 2037-2091, 1983-2037, Take Profit: 1 >> 2167-2213, 2 >> 2265-2295, 3 >> 2390-2455, 4 >> Above 2547
Currently in a rising channel and at the neckline of a 9+ month inverse head & shoulders . Right shoulder was a bounce off the $0.90 support and the 200-day moving average. A close above $1.55 would be the highest close since 04 Sep '18. Current price: $1.48 Target: $2.50 Gain: ~69% Innovative tech + flying under the radar = undervalued
KMD weekly play 361.8% is the fibo to reach all day long, just like the previous move and set another higher high. For this we need to find support above 61.8% fibo.
$KMD Looks ready to make some movements... UCTS Buy signal on the daily chart since yesterday Volume rising (remember volume preceeds price) MACD Bullcross and RSI rising (divergences also visible) Breaking from descending channel... #KMD
Looking at it from different perspectives here... From ATH and playing a downward trendline here with recent activity, shows a breakout north. Consequently, it has reached earlier support (now resistance) 12/2017. Whereas also other trendline from candle closes in 12/2017 would place us near the 99 EMA for resistance and better confirmation for me to know if this...
If KMD could get above this resistance level we could see a very quick move up back to the POC MFI is trending higher as well, which bodes well for a potential move up in the coming days/weeks
Komodo (KMDBTC) Chart Analysis KMDBTC Long term chart: Here we are looking at a double bottom on the long term weekly chart for Komodo (KMDBTC). After this demand/support zone was hit last time, back in November 2018, KMDBTC went on a bullish wave that generated 190% profits. We believe that the next wave can be even bigger, we are looking at around...
Pair: KMD/BTC Exchange: Huobi or Binance Trade Duration: Medium Risk: High Signal Strength: Medium Introduction Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is developing technologies at the cutting-edge of the blockchain industry. In...
OBV looking extremely bullish. MACD bull cross in next few days. At strong support. Tons of FA related news coming this summer.
KMD Quite the brutal sell-off over the last few weeks. Recently dipped past the range-low and bounced. I think R1 will act as a tough resistance to break on the first try, so I'd be comfortable taking profit and trying to buy lower once price reaches. If I'm wrong, R2 is next.
KMD BULLISH! Dangerous time for alts, though! BTC Could break the lower support of her ascending channel and dummmmmp! Or push it's current pennant and push 9k. Good time to buy long term. Dangerous for weak hands.
PROS - Bullish divergence on the RSI Daily - Currently holding Feb lows - Price is squeezing in anticipation of a move - Good R/R for this trade CONS - Sill has low volume at this level would like to see a spike in volume Want to see it hold above its December lows to hold an accumulation and higher lowi if it closes under 1793 I will look to enter again lower
$KMD Falling wedge + clear bullish div on the 12H, I think we'll see a bounce here shortly, I'd look at R1, maybe R2 as potential targets/TP's.