We see cup & handle on daily chart of #KMDUSD..
Moving averages and curve T3 are in positive outlook.. We can see a sharp rally in #KMDUSD if 0.84 major resistance breaks..
Ive noticed that when :
1The RSI hits below 30 on the 30min sometimes 1hr time frame
2Then goes up to just before 70 ...say 67 on the RSI
3Then drops again to 25-29
THAT'S A BUY
I think that would indicate a breakout to the upside.
The RSI will go up and down in wave patterns. This doesn't mean the price will follow. BE CAREFUL. So, if it has to hit 70 on the...
Komodo is located at a new low against the dollar, so a great opportunity for shopping! (Who hesitates has nothing!)
I buy this coin for a long throw and what you?
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Fundamental Analysis
Komodo is starting to gain bullish momentum after the project released AtomicDEX v.0.1.6. The project has been successfully developing its decentralized exchange and currently accepts applications for the public-beta of its asset-agnostic atomic swap DEX.
Komodo / USD Short-term price analysis
Komodo has a bearish short-term bias, with the...
Fundamental Analysis
Komodo spiked after the company announced the public beta phase of the AtomicDEX platform on Android. This will allow users to make atomic swaps directly from their phones. According to the project, the app is the “industry’s only mobile-native decentralized exchange built on anything-to-anything, asset-agnostic atomic swaps” and it...
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
Komodo has a recent golden cross with an average (15 MA) volume higher than ever before on Binance, even more so than the height (and great fall) of the market around 20k USD. Like all golden disbelief rallies, a lot of sheep will sell (out of disbelief) causing a retrace to a *higher* low, which will finally inspire smart money to start pouring in, exciting the...
Komodo came out from the Zecash platform which came forth from the bitcoin network with major focus on providing standard privacy and a better security of a decentralised network.
Komodo coin has seen a recent surge in USD with 100%+ in the month of February 2019.It is one of the most promising cryptocurrencies 2019.
Bullish Case:
Komodo pair has seen a...
