will 2018 be the year of kmd ?? chart is pure speculation, not trading advise. based on elliot waves, market cycles and its dates, FA.
With BTC going nuts, I don't think we should look at X/BTC prices for the time being, at least until everything is settled. Still it has influence, and we could see more KMD/BTC drop before any rise Everything is on the chart, fundamentals looks good, even if maybe subpar to concurence according to some. Great ideas, doubtful marketing/volatility Risky trade,...
The overall trend of Komodo remains upwards since it doesn't stop producing higher highs and higher lows. While the trend is bullish the support was formed at $1.5, which has been rejected for a number of times. Since then KMD/USD has shown new higher highs two times not to mention it stays above the 200 Moving Average. Fibonacci retracement applied to the latest...
Short Komodo !!!, Price is hovering around the supply zone for sometime. Arc is perfectly fitted feels like it will form a Cup and handle. Half of the cup is done, remaining has to be done. Break above the Supply zone makes this trade void. Trade based on your risk appetite. Always have your own sl.
white line area could be strong support line in the near future if price goes up more. target 1 : getting to basecamp target 2 : x5 from basecamp target 3 : x10 from basecamp
$4.00 expected if it breaks resistance and then anything past that price is open for conversation
If the price closes above the cup, buy it.
Komodo had a large selloff after its announced partnership with Monaize. The dump appears to have caesed for the time being, support has been established at the 0.5 level. May be a buying opportunity for those whom have not entered. Keep an eye on this one
Rally will continue and reach 1.618 level if KMD gets support at 1.0. watch for platform announcements and volume.