As you can see, KMDBTC is in 1.27 level in weekly time frame and has made a good support for a long time in this level.
In daily time frame it is in 1.618 Fibonacci which is an anti trend strategy, if it reverses as I predict, it can gives a good profit.
Stochastic in daily is giving a signal as well.
If you feel this is helpful or possible, leave a comment and...
Large accumulation phase , volume kicked it and may announced the end of this phase and the beginning of a new one : mark up phase
Volume precedes price
Let's see how it goes now .
On a 3D view, Lagging Span did not confirm a real buy signal, however , a near twist is by there and may orientate the price up .
Nice long term bag for sure !
New releases ,...
================ BINANCE:KMDBTC ================
KMD BTC in side ways
1.hold in major support now
2. RSI DIVERGENCE
target in chart
potential Long maybe in midterm until longterm
Trading Involves High Risk
this is Not Financial Advice
Please use Risk Management
KMDBTC has been repeating a pattern as we can see in the chart.
It will be most likely repeat itself now since it is at the bottom of price action with volume decreasing, showing a potential bullish divergence.
We could wait for MACD crossing for buy signal.
Kindly like the ideas if it is helping you and leave a comment
no need to say something , chart is speaking it self .
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
This is not financial advice.
Remember to do your own research and build your own plan before you trade
Thank you for seeing idea . please...
KMD is has just made contact with the trendline hovering near the bottom support. It is bouncing up and down, winding and may break out of its triangle. Since it is near support this can be a decent easy trade at least to the top of the triangle. Btc has also likely topped at this time. If it breaks downward, please ensure a stop loss is secured.