Little fundamental analysis here... KMD stands out to me because of its multi-chain architecture. KMD allows its projects to create their own blockchain on the Komodo ecosystem, that allows them from operating truly independently from one another. Along with this, the technology Komodo utilizes allows cross-chain interoperability of blockchains, which can connect...
Komodo is currently at the monthly support, if it can hold the bullish ema cross could be good enough to help it break upwards for roughly 10% gains.
TP1 : 0.0002870 TP2 : Trendline - 0.0002486 SL : 0.0001502
Good time to short TP : 0.0001613 SL : 0.0001941
Let's see how it goes... TP1 : 0.0001888 TP2 : 0.0002022
KMD again in accumulation zone buying some here easy 20-40% profit
Hi Dears, It is recommended to purchase between 1750 and 1830. But remember that nothing in this world is 100% Good Luck
Daily chart posted below. GLGT Original idea by Ribz
It looks good to my eyes, but I'll entry after it breaks the second resistance line. See you soon <3
Technical analysis: . Komodo/USDollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
Technical analysis: . Komodo/USDollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
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Almost entered a breakout position at 0.00022 if momentum looked good, following a nice short term trend line, but it all broke down on the Bitcoin move down. Ranging here, looks primed and ready to go whenever it breaks with confidence, otherwise will be accumulating between the levels.
We have a strongest resistance above current price. We can expect bouncing back to lower level and then again bounce up.
KMD just closed with a nice hammer on daily. After those huge buy orders for KMD on Binance, we should see something nice.