From a fundamental point of view and I QUOTE from their group: " -20k tx/s confirmed - soon more when testing with aws -Hyperdex: decentralized exchange (95% of coins/tokens covered) -Ability to launc icos and dicos (decentralized icos) -You can develop your project on your own chain, even if komodo goes down (which is pretty much impossible) your business will...
5/22/18 - KMD currently bound in this symmetrical triangle and heading to logical support levels at 3350-3100 (entry point) - then we'll need to see a break above the symmetrical triangle to consider a bullish reversal pattern * This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
TRADE IN KMD IS RISKY. KEEP MONEY MANAGEMENT. RISK=REWARD THANK YOU
* One of the few that hasn't had a decent run yet * Reaching end of triangle * About to break RSI-14 downtrend * Volume increasing Targets going in to June: T1: 67580 sats T2: 79500 sats T3: 96490 sats
As you can clearly see kmd forming a double bottom. Buy:40k T1:43K T2:46K T3:50K Potential profits 30%
Our analyzes are based on the Elliotts theory to determine the main trend, the targets of waves based on Fibonacci, Resistance - Support Zone. Also, we use indicators like EWO, MACD, MA50, Ichimoku, BB to confirm the end and start of a trend. 4H: KMD is ending wave 2. It's going to wave 3 soon! TRADE INSTRUCTIONS Buy in: 0.0003715 - 0.0004029 Targets: (1)...
Pretty self descriptive, FA is there for sure, TA is looking sexy af, hidden bullish divergence with a higher low on the chart and a lower low on the RSI plus breaking out of resistance/sym. triangle.
Technical analysis: KOMODO/BITCOIN is in a range bound and Resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone...
Technical analysis: KOMODO/BITCOIN is in a range bound and resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone...
KMD is consolidating on the weekly, if there is a close above the bottom line then I believe we will see some resistance at the top blue line. I don't think KMD is fully done with its last market cycle yet so it may need more time before breaking the long term weekly resistance (red line). Weekly MACD is also close to crossing. Criticisms and feedback are welcome.
Enter Price: After Breaking 4500 Resistance Short Term Target: 4900 Mid Term: Tp1: 5200 Tp2: 5800 Tp3: 6500 StopLoss: 4100 Good Luck!