Komodo (KMDBTC) is an altcoin pair we have been trading for years, many years now and it tends to produce good results.
The main chart above gives a longer view, the one below is short-term:
On the long-term chart, we can see that the bullish wave that started in January went on for 520%+ of growth...
This time it will be...
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I haven't seen the bullish signal yet! But all of us know, how KMD behave!! It's completely wild. Maybe we can buy some, but after that, we should wait for the breakout. I think we can get at least 100% out of it.
P.S: Weekly RSI is showing a bullish pattern however, we should wait for the price and actual candle
$KMD has several large improvements coming by EOY and should be a catalyst for a move upward.
Anticipating bitcoin and the majority of other alts to top in DEC/JAN.
Komodo will likely have a delayed impulse up, after the other blue chip alts/bitcoin have cooled off.
Hello Traders, I have one more gem for you guys. This trade is 56 to 1 risk to reward against btc. If you hold btc maybe you should take a look at this chart, this can be an amazing move. On usd pair this chart is looking nice to, if drops a little more you can buy at lower prices, don t miss it!