As you see, Komodo is within a regular flat pattern (at least). It needs to complete wave C (ending diagonal) of a larger degree of wave B and wave C of the pattern. Then if there would be no scenario for the correction, new impulsive wave will be started!
There is nothing like the smell of cannon fire in the morning! We went long Pirate Chain (ARRR) last November as word had filtered out about this crypto's superior privacy features. As a long term fan of Monero, I have been always been on the look out for other privacy coins which may challenge Monero as the King of Privacy in the crypto sphere. Enter Pirate...
tp1=0.78 A=$7.2 tp2=1.6 C=$8.1 tp3=0.88 A=$10 tp4=2 C=$20 tp5=1.13 A=$23 tp6=2.24 C=$34
Hello Traders, Komodo did a pullback to a very important support level. It is perfect for a swing trade with a low profit/risk rate. Please push the like button a follow us on trading view.
crab harmonic pattern: AB=0.61 XA BC=0.88 AB CD=3.6 BC
shark harmonic pattern: AB=0.38 XA BC=1.6 AB CD=1.6 BC=$7.3 or CD=0.88 XA=$8 or CD=1.13 XA=$17 or CD=2.24 BC=$27
Komodo looks like its getting rejected at its horizontal resistance cluster at around $2.25 (red margin). Entry at horizontal support at around $1.63 would be perfect buy in zone.
KMD appears to be approaching a breakout of its weekly resistance. It made yet another attempt overnight and was rejected. A strong bearish divergence provides confluence that we may see a move back down towards the bottom of its channel before we make another breakout attempt on weekly resistance (approx ~330-350) Let's see what happens, this is one of the...
Komodo has bumped into resistance of the old all-time highs and this means a perfect bowl-shape has appeared. Once we break out of the resistance, we could pretty rapidly advance to 3.22.
As predicted on previous analysis, the path is on the track, if the trend is strong enough it will be reach ATH and pulledback to retest BINANCE:SUSHIUSDT
The buying force is coming to KMD but it still stuck below 1.4$ zone, if it couldn't conquer this zone, it will fall down with Diamond pattern, which can push KMD down to 1$ zone or even 0.6$ zone in this March. If it conquers 1.4$ zone, it will come back to the ATH at 1.9$ zone or even 2.8$ zone in this March 📈BUY -Buy: 1.4-1.45$ if A. SL B 📉SELL -Sell:...
Absolutely love the Komodo Bitcoin pair's weekly chart. KMD has been in a falling wedge since 2018 and might be ready to break out and go for a big run up. TA - Falling Wedge --> Bullish pattern - Long term Bullish Divergences on OBV and MACD. More recently Willy and Stochastic joined the bullish div party. 🥳 - Risk to reward (0-ATH) 34:1 <-- that's huge. -...