The price bounced from 0.000175 level and moved upward. The price broke SMA100 and it confirms that the downtrend is over. Pending orders for buy should be placed at 0.00022 level with stop orders at 0.000177 level.
KMD has been consolidating in demand zone, will re-test upper channel and if we break that resistance, its likely to retrace to 50% level on fib. The Phoenix shows us we are going to re-test barrier at a different level this time, which is why I am taking a position.
KOMODO is one of our fauvorite picks for 2018. With more advanced features than its competitors ZCash, Monero and Dash, it still has a marketcap under 1k USD millions. Keep the previously mentioned targets.
Frankly the only reason I paid any attention to this coin is because they achieved an atomic swap with Bitcoin Cash. Bitcoin Cash is an exceedingly big deal and a sleeping giant. 2018 will show that, and so I started to take a look into this coin. I know virtually nothing of its fundamentals besides that it's a d0x exchange protocol/token. This is a 12 hour...
Komodo is slowly climbing up very slowly.
Komodo found the support at 17k satoshi, that is 261.8% Fibonacci retracement level applied to the corrective wave after the ascending channel breakout. The rejection was very clean, followed but the wave up which resulted in break above the descending channel. Current price action suggests that KMD/BTC could be correcting upwards or even reversing for a longer...
KMD has strong fundamentals and is considered as a long-term investment. The previous drop got the price to the support line 26000 sats, which is a good entry point. Price is getting closer to the end of the flag and is rather unlikely that the price will further drop. ADX DI gives at the 1h a bullish signal. Yet the volume is missing. MACD is also sending some...
will 2018 be the year of kmd ?? chart is pure speculation, not trading advise. based on elliot waves, market cycles and its dates, FA.
After Bitcoin rally it pushed a lot of alt coins lower than it needed to go. However, that let us buy these coin at a cheaper price. It is going to be the alt coin turn to shine soon. What are your thoughts? Trade with care.
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.
Looking on the hourly time frame, Komodo broken the resistance and currently holding the support well. This is usually indication of the next impulse move up to the next major resistance. What are your thoughts? Trade with care.
Very promising coin. 1. at the level of 0.00029 we see strong support. 2. The highlighted candles represent the "tweezers" pattern after which the turn must follow. 3. The price is in the lower area of the Bollinger bands. the price can jump up sharply 4. The RSI is below 50 and is directed upward, and the stochastic RSI is in the oversold zone and made the cross...
$KMD is in a tightening ascending wedge and should rip soon! It looks like over 60% potential before significant resistance at the next fib level.