Komodo is showing underlying strength on the weekly chart. 1. Buyer printed a strong doji candle, which is an good indicator for a reversal 2. Volume is slowly but steady increasing since October 2018 with some decent green spikes 3. RSI low was August 2018 and is crawling its way up 50.0 threshold where it has been rejected last time about 2 weeks ago We see...
With most alts making new lows and showing weakness with this BTC move, KMD continues to show strength despite dropping back down near lows If we hold its Nov lows, we could be set to return to local highs as this remains a very strong project Thanks!
Altcoin TOP 54, capitalization $ 166 million The indicators (RSI, AO) are a good bullish diver. "ACUPULATION zone" on the chart is a favorable price range for recruiting positions. For the next 3-4 weeks there are interesting events on a coin (in particular, the launch of the Antara framework on July 15). FCAS rating in the region of 600 is a live...
Currently in a rising channel and at the neckline of a 9+ month inverse head & shoulders . Right shoulder was a bounce off the $0.90 support and the 200-day moving average. A close above $1.55 would be the highest close since 04 Sep '18. Current price: $1.48 Target: $2.50 Gain: ~69% Innovative tech + flying under the radar = undervalued
KMD weekly play 361.8% is the fibo to reach all day long, just like the previous move and set another higher high. For this we need to find support above 61.8% fibo.
If KMD could get above this resistance level we could see a very quick move up back to the POC MFI is trending higher as well, which bodes well for a potential move up in the coming days/weeks
Komodo (KMDBTC) Chart Analysis KMDBTC Long term chart: Here we are looking at a double bottom on the long term weekly chart for Komodo (KMDBTC). After this demand/support zone was hit last time, back in November 2018, KMDBTC went on a bullish wave that generated 190% profits. We believe that the next wave can be even bigger, we are looking at around...
Pair: KMD/BTC Exchange: Huobi or Binance Trade Duration: Medium Risk: High Signal Strength: Medium Introduction Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is developing technologies at the cutting-edge of the blockchain industry. In...
KMD Quite the brutal sell-off over the last few weeks. Recently dipped past the range-low and bounced. I think R1 will act as a tough resistance to break on the first try, so I'd be comfortable taking profit and trying to buy lower once price reaches. If I'm wrong, R2 is next.
KMD BULLISH! Dangerous time for alts, though! BTC Could break the lower support of her ascending channel and dummmmmp! Or push it's current pennant and push 9k. Good time to buy long term. Dangerous for weak hands.
PROS - Bullish divergence on the RSI Daily - Currently holding Feb lows - Price is squeezing in anticipation of a move - Good R/R for this trade CONS - Sill has low volume at this level would like to see a spike in volume Want to see it hold above its December lows to hold an accumulation and higher lowi if it closes under 1793 I will look to enter again lower
$KMD Falling wedge + clear bullish div on the 12H, I think we'll see a bounce here shortly, I'd look at R1, maybe R2 as potential targets/TP's.
Presenting a nice buy opportunity. Plenty of room to run. RSI reset. Should provide good r/r but might get better price on next pull back.
- Triangle with descending volume looking to break out - ran stops below support and now coming back over - could target previous highs but trying to be conservative and lock profits
#KMD / BTC ( Binance, Bittrex ) Buy Range : 0.00017-18 Stop Loss : Not recommend Target 1 : 0.000286 Target 2 : 0.00037 Target 3 : 0.00049 WEEKLY CHART - RSI near oversold zone ( Positive ) - MACD turning from very negative zone to negative ( positive ) - Downtrend trendline not broken yet ( Negative ) - Moving averages above candle ( negative ) ...