Time frame - Daily
Suppose, the candle closes above that 20 period moving average, we can assume that the BOOLS are back y'all!
MACD looks beautiful and is about to do the bullish crossover.
RSI pointing upwards as well.
I just need it to have more volume.
Targets:
1st - 9650
2nd - 11794
3rd - 17984
Good luck!
KMD recently had a TK cross that created a bullish opportunity leading up to the right circle.
The right circle indicated a "K over T" Cross that DIDN'T happen, therefore, no bearish moments for at least a few hours. The volume indicator shows a large uptick recently.
We'll see where it goes from here, I'm suspecting down since the RSI indicates that its at...
I'm really interested in Komodo because I think the fundamentals are strong. Active working group, working decentralized exchange, and upcoming ICO. However, it underperformed compared to other assets in the last several weeks.
Today I was looking at the chart and wondering if this could represent a bull flag. Would love to know your thoughts.
BINANCE:KMDBTC (Komodo) is in the end of long triangle. Now is the best time to buy in because the price has dropped to it's strongest support that never has broken even in market panics. the fib. extension says that KMD will go up to new all-time high. the candle wicks to up, show that big fishes and whales have received the signal.
As the MA 50 catches up to the MA 200 (we want the green line to go above orange and red, in that order), we could see a miniature bull run up. However, the order book is looking more on the sell side than the buy side, so I'm going to be setting progressive sells as it could go up or down. The consensus is that over time, the average price for KMD will continue...
