There is nothing like the smell of cannon fire in the morning!
We went long Pirate Chain (ARRR) last November as word had filtered out about this crypto's superior privacy features. As a long term fan of Monero, I have been always been on the look out for other privacy coins which may challenge Monero as the King of Privacy in the crypto sphere. Enter Pirate...
KMD appears to be approaching a breakout of its weekly resistance. It made yet another attempt overnight and was rejected.
A strong bearish divergence provides confluence that we may see a move back down towards the bottom of its channel before we make another breakout attempt on weekly resistance (approx ~330-350)
Let's see what happens, this is one of the...
The buying force is coming to KMD but it still stuck below 1.4$ zone, if it couldn't conquer this zone, it will fall down with Diamond pattern, which can push KMD down to 1$ zone or even 0.6$ zone in this March.
If it conquers 1.4$ zone, it will come back to the ATH at 1.9$ zone or even 2.8$ zone in this March
-Buy: 1.4-1.45$ if A. SL B
Absolutely love the Komodo Bitcoin pair's weekly chart.
KMD has been in a falling wedge since 2018 and might be ready to break out and go for a big run up.
- Falling Wedge --> Bullish pattern
- Long term Bullish Divergences on OBV and MACD. More recently Willy and Stochastic joined the bullish div party. 🥳
- Risk to reward (0-ATH) 34:1 <-- that's huge.
I have previously posted ideas with the main trend of the KMD coin, I recommend you get acquainted with it to start with.
At the moment, the trend is reversing and we can take another look at this coin. As it has a good chance to grow.
Many altcoins have formed a similar concave...
Good Morning to All Respected Investors and Traders,
I made a simple analysis for KMD/USDT
I reckon you guys to entry at my sign! BUY AT THE DIP !!
And TP at my sign "POTENTIAL TARGET"
Critiques and Comments are really appreciated
Happy Trading y'all !!
PS: This is not financial advisor or even education. PLEASE DYOR !!
Komodo time is coming, after such downtrend next move up will be massive in my opinion!
Current Price= 0.0000155
Buy Entry= 0.0000155 - 0.0000135
Take Profit= 0.0000238 | 0.0000308 | 0.0000361
Stop Loss= 0.0000361
Risk/Reward= 1:2.02 | 1:3.54 | 1:4.7
Expected Profit= +64.14% | +112.41% | +148.97%
Possible Loss= -31.72%
Fib. Retracement= 0.382 | 0.618 | 0.786...
Komodo broke bullish at last, first of the falling wedge then of the parallel channel.
And it just pulled back so I believe it's time to re-enter above 50MA!
Current Price= 0.0000323
Buy Entry= 0.0000325 - 0.0000295
Take Profit= 0.0000454 | 0.0000596 | 0.0000705
Stop Loss= 0.0000215
Risk/Reward= 1:1.52 | 1:3.01 | 1:4.16
Expected Profit= +46.45% | +92.26% |...