If this POS Type coin behaves like NAV and Other POS that I've been looking at, then we might be due for a run up!
RSI oversold, MACD blue line just surpassed the orange one, falling wedge and a double bottom formation. I think this is enough, isn't it? If everything goes as TA shows open a very strong position when it's time and expect huge profits.
Hey guys, lets directly get into it shall we? As you can see on the chart, a nice falling wedge has formed and as textbook trading as it is, falling wedge is a continuation pattern that usually bullish, still, i hate the wick on 1-4 and 1-6 im still waiting for it to reach the above resistance line and waiting for its breakout and using my 90 and 100ma as support line
KMDBTC analyze: - RSI bulish; - MACD bullish; - broke downtrend for second time.
KMDBTC analyze: - stable on the last week; - MACD & RSI bullish; - broke the down trend some days ago; - now broke the trend again.
It's possible that KMD is turning around it's bearish trend. This is based off the 123 Bottom that appears to be forming. While not concrete, the stop loss, (red box) is relatively tight so presents a moderately low risk trade. Buy zone is blue box with take profit in the green box.
Komodo is approaching is buy zone in the 33.2-28.2 range. The traders EMA are starting to compress but the inverstors EMA are still expand. So I expect consolidation in that range and I'll wait for the contractions of the Investors EMA before taking any kind of positions to see if the dip is nearing the end or another dip to the other box can be in play. I expect...
Komodo, one of my favourites, I’d say. What do we see on the TA from this one? Well, it seemingly can’t break the 90-100K barrier, as that’s a very strong resistance line over there. Retracing all the way down right now. Made a small jump in the past days, but I'd say we'll be seeing some more retracement towards the indicated box before we'll be heading...
Possible bounce from 3775levels 1d MACD crossed and we are close to top of the channel, its a good signal.