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.
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#KMD/BTC Profit Update:1
#KMD/BTC currently trading at 600 Satoshi and Went upto 800 Satoshi
Which is 187% pure profit from our entry zone.
Entry:- 290-300 Satoshi ✅
TP1:- 323 Satoshi ✅
TP2:- 541 Satoshi ✅
TP3:- 824 Satoshi ✅
Still waiting for more TPs.
Support:- 550-600 Satoshi
Resistance:- 824/1157/1522/2117 Satoshi
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This is $KMD against $BTC pair. On a zoom out to a 3-day chart what instantly caught my eye were the 2 underlying geometries. The first is a huge shaping of an RB (Rounded Bottom) with an ATH of 126,000 sats starting around the first days of January 2018. Almost 1200 days have passed since then and the current price oscillates around 6,320 sats. making it roughly...
There are never too many flags.
One more Flag formation on KMD/BTC.
There are two components of a flag:
1. Flag pole
2. Bull flag
The price multiple times bounced from support and resistance zones.
Possible price target zone is 0.0000530 USDT.
Follow the chart and look for the breakout carefully.
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If you...
* Classic inverted head and shoulders pattern on KMDBTC pair
* Neckline breakout - Check!
* Neckline throwback - Check!
* Pattern valid as long as 0.000032 holds
#KMD/BTC Profit Update:-
#KMD/BTC currently trading at 383 Satoshi
And our entry was below 300 Satoshi
Entry: 290-300 Satoshi also filled
Now 30% up from our entry.
Hope you all are very happy.
Within week 30% profit.
Still many rooms for upward side as per chart.
This is just beginning.
Support:- 300 Satoshi
Resistance:- 541/841/1157/1522/2117...
Komodo (KMD) just broke and closed above a key resistance level that price has been testing since mid-February.
The buy volume at the lows has been very strong, indicating interest from buyers here.
Major resistance lies above in the mid 500's with a Chaos PRZ + Short Reload zone .702 sweet spot lining between 640-660 sats.
With BTC breaking down from range...
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...
KMD/BTC
Current Price = 0.0000309
Exits price already mentioned in the above chart
Pump Potential = 250%
Period = 30 to 60 Days
Technical Analysis
1. KMDBTC breaks its falling wedge
2. Golden cross (50EMA Cross up 200EMA at 4H Chart)
3. Trading above 200EMA at 4H Chart
4. Bullish divergence at RSI
5. Bullish Triangle Breakout
You can take entry in it and enjoy...
