Pair: KMD/BTC Exchange: Binance Trade Duration: Medium Introduction Komodo (KMD) began trending upwards moments prior to the beginning of December, showing strength throughout the move. Komodo is one of the top Cryptocurrencies with regards to the public development repositories. Technical Analysis - Good Volume - SQZ Signalling Mid-Term...
Technical analysis: . KOMODO/BITCOIN 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 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017200 to 0.00015600). if so, traders can set orders based on Price...
-Broadening bottom formation -Imminent Fanchart Breakout Aggressive Entry at the break above Yellow line Conservative Entry at the break above Blue line Not a financial advise
Kmd looks good here Full Rebrand on st Dec expecting nice breakout here
-quick long -looking for trend line to hold -either breaks here or falls below OB -looking for s sharp pop -currently retesting triangle
Kmd breaking out volume increasing also full rebranding on 31st Dec expecting 50%-100% profit
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
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
Daily chart posted below in comment section. GLGT