Kmdbitcoin
Komodo looking really really good!RSI oversold, MACD blue line just surpassed the orange one, falling wedge and a double bottom formation. I think this is enough, isn't it?
If everything goes as TA shows open a very strong position when it's time and expect huge profits.
$KMD Looking to find douple bottom - waiting confirmation$KMD Ttrying find douple bottom at 41,000 satoshi level. Looking for confirmation and a possible buy zone at 42,000 - 43,000 satoshis.
Short term BB tightening and bullish RSI divergence building suggest possible price action soon to descending trend line.
Waiting for confirmation before getting position. Remember, not investment advice! Always do your own research - just going through my own ideas.
KMDBTC Symmetrical TriangleKMDBTC looks like it's in a symmetrical triangle.
I used lines to mark impulse & correction waves so that you can see price action pattern easily.
Consolidation zones highlighted by white box.
Watch MACD for upward movement.
Watch RSI for upward movement.
This trade seems like it has favorable Risk:Reward and therefore, I will be putting it on my watchlist & setting alerts.
Just be very careful and use stop-losses no lower than slightly below the symmetrical triangle bottom line, as these are known to have aggressive bearish breakouts.
Let's hope that's not the case & see how it plays out.
KMDBTC - If $2.80-.90s hold then it will go back up towards ATH$4.00 expected if it breaks resistance and then anything past that price is open for conversation
