As one of the older Binance coins, Komodo takes a bit more time to rock and roll than some of the newer listings. However, don't let that deter you at these levels! We know from previous rises in price that when this one goes, it really flies. My reasoning: Location: Reload zone Structure: Double bottom off the 786 fib. Divergence: Confirmed histogram...
Priceline of world's 66th ranked cryptocurrency Komodo (KMD) has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the move of price action to see how perfect this pattern is driven: After initial leg (X to A) the A to B leg...
Technical analysis: . KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on...
Technical analysis: . KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on...
taking this, a lot of alts seem smart to scoop up here, not much risk to the downside anyways
Technical analysis: . KOMODO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00350 to 0.00290). if so, traders can set orders based on Price...
Technical analysis: . KOMODO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00350 to 0.00290). if so, traders can set orders based on Price...
Monthly: 1)Huge expectation from early 2018 never fulfilled. 2)Resistance drop was stronger than support drop. 3)Different green Setups - 2nd initiated a Countdown(bearish). 4)Price drop below the expectation last month(Nov). 5)This month(Dec) we have another support drop and in case of red 1 a potential to test resistance(0.0002833). 6)In case of trap will fail...
#KMD $KMD #BINANCE #BITTREX #HUOBI #KMD/BTC (Binance) Entry Zone: 920 Take Profits: 1000 - 1100 - 1200 - 1300 - 1400 - 1500 Stop Loss: 830
If you see it, you see it. This is a ticket out, I'm buying one, hope to see you.
With Komodo (KMD) up big recently, it gives us a moment to reflect on an earlier bullish idea in this coin. KMD was the coin that convinced us to change our view on altcoins. We were fortunate to see the breakout here. That led us to believe that a range in Bitcoin (BTC) was an opportunity for altcoins to rally. Bottom Line: Right now, KMD is at significant...
Technical analysis: . KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price...
Technical analysis: . KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price...
Komodo (KMDBTC) had a strong bounce recently and just moved above EMA50 on high volume. This signal tells us that this pair is ready to move up and grow. The RSI is now at 60. A few months back, we would see the RSI sitting at 10, 15, 20 and such for most altcoins even if they were moving up. Now we are seeing strong RSI across the board even while these pairs...
$KMD Some volume coming in over the last days; currently at resistance with minor bearish divergences on lower TF's; I think we might be able to squeeze another +18% out of this run, however taking profit at resistance is usually smarter than holding on to a prayer.
You may have noticed that we are done telling people not to chase altcoins. That's one thing. It's another thing to say to people to buy an altcoin at resistance. That seems crazy, and it does not always work. In the case of Komodo (KMD), it might. We are noticing that Komodo (KMD) has already taken out its previous 4th. That means it has moved past the point...
Komodo; H&S pattern and rising triangle breaking the falling channel.. good luck!