Love the fundamentals of Komodo.
Bounding between strong support and strong resistance.
My guess is it breaks out of this triangle and creates a whole new leg and wave up.
If you spot the break out of the triangle with a strong green bar and strong volume...BUY!
Komodo's already netted us significant gains since purchasing at the dip but this star is looking bullish after consolidation once again.
Indicators:
- MACD crossover,
- Continuation flag
Fundamentals:
-Clif High Linguistic Analysis - "The Komodo coin is surfacing in the data with indications of a 'good' year over 2018. Some sets are focusing on 'platform' and...
KOMODO is located in a triangle that connects to one of the 2 strong resistance that is the last ATH.
If we break this resistance to the next and the previous largest ATH, we have 17k sat increases (~ 19.5%)
We must stick to attention because currently the price is very low in this triangle and there is a chance that it will come out at the bottom :)
Although in...
Yes, I think KMD can go up because in 2 hours chart RSI show KMD is over sold. SO I think short term it will go up.
NOTE- This is only my opinion. If you use this chart to trade you can trade your own risk.
Happy Trading!
I got into Komodo before the recent run-up. My thoughts are on the chart.
I believe Komodo to be slightly undervalued with a lot of upward potential in 2018.
Trade this coin on Binance instead of Bittrex.
Binance is less shady, more reliable, and fees are 0.05% if you use Binance coin. Bittrex fees are 0.25%. This is significant to your bottom line as a trader.
Please use the link in my signature below to sign up.
I still haven't had a ton of time to do research on Komodo, but I've done some, and they're looking...
Komodo allows for building your own block chain. " Komodo focuses on providing complete end-to-end blockchain solutions for developers of any level and any industry. It is simple yet powerful, offering customized blockchain solutions that are easy to deploy, and configurable to meet your needs. Our vision is to build a robust ecosystem of partners and developers,...
KMD looks NEUTRAL compared to BTC performance. Los Angeles 2:52PM.
What to look for:
Rising wedge in the price action is a warning number 1.
RSI bearish divergence is a warning number 2.
Macd bearish divergence is a warning number 3.
KMD was slightly bullish enough to enter the clouds where it finds some support.
The price bounced from 0.000175 level and moved upward. The price broke SMA100 and it confirms that the downtrend is over. Pending orders for buy should be placed at 0.00022 level with stop orders at 0.000177 level.
KMD has been consolidating in demand zone, will re-test upper channel and if we break that resistance, its likely to retrace to 50% level on fib. The Phoenix shows us we are going to re-test barrier at a different level this time, which is why I am taking a position.
KOMODO is one of our fauvorite picks for 2018. With more advanced features than its competitors ZCash, Monero and Dash, it still has a marketcap under 1k USD millions. Keep the previously mentioned targets.
the price moves in the downcanal. The increase in volume and the cross MACD up can talk about future growth.
Purchase - 0.00017-0.00026
target is 0.0004-0.00055-0.00075
Frankly the only reason I paid any attention to this coin is because they achieved an atomic swap with Bitcoin Cash.
Bitcoin Cash is an exceedingly big deal and a sleeping giant. 2018 will show that, and so I started to take a look into this coin.
I know virtually nothing of its fundamentals besides that it's a d0x exchange protocol/token.
This is a 12 hour...
