$KMD, Showing really nice volume levels as it flips ~6300sats$KMD
Showing really nice volume levels as it flips ~6300sats back to support w/ UCTS indicator showing a Buy signal on the 12H Timeframe
Aim for an entry as close as possible to support or wait for another Flip/retest to minimize your risk.
Targets: ~7200/8000/8800sats
#KMD
KMDBTC trade ideas
KMD/BTC long Potential Bullish MACD cross (4h)
Currently 20ma/poc acting as support and monthly acting as resistance
Recently broken through HTF-VAH/Daily/Pivot in confluence with a 4h MacD buy signal
moving 200 & fib div & ichimokuHello friends
Good time
I came up with my own strategy.
For several days now, many currencies have broken their 200 moving average upwards. My choice now is kmd. Have fun
KMDBTC will riseAs you can see, KMDBTC is in 1.27 level in weekly time frame and has made a good support for a long time in this level.
In daily time frame it is in 1.618 Fibonacci which is an anti trend strategy, if it reverses as I predict, it can gives a good profit.
Stochastic in daily is giving a signal as well.
If you feel this is helpful or possible, leave a comment and like it.
RISK/REWARD IS WITH YOU
#KMDBTC (Long Term) 8/20 #KMDBTC (Long Term)
Buy : 0.00005800 - 0.00005368 - 0.00004968
Target 1: 0.00006380
Target 2: 0.00007830
Target 3: 0.00010150
Target 4: 0.00014500
Stoploss: 0.00004841
Signal R/R: 10% / 150%
Net ROI : 50%
Invest: 3%
Duration: 15-90 days
Confidence in Trade : Medium
we ask Allah reconcile and repay.
What is Komodo?
Komodo was born from the Zcash platform which came forth from the bitcoin network. The major focus of the platform is the provision of top-notch privacy and a better security of a decentralized network.
Komodo categories
Digital currency, Privacy, Anonymity
KMD/BTC 12h (Binance) Descending channel & triangle breakoutTA: Komodo just broke-out that ascending triangle and got rejected on upper-line channel.
I'm expecting a pull-back to retest support then a new attempt to break higher, better wait for entry.
Current Price= 0.0000665
Buy Entry= 0.0000636 - 0.0000612
Take Profit= 0.0000680 | 0.0000771 | 0.0000839
Stop Loss= 0.0000568
Risk/Reward= 1:1 | 1:2.63 | 1:3.84
Expected Profit= +8.97% | +23.56% | +34.46%
Possible Loss= -8.97%
Fib. Retracement= 0.382 | 0.5 | 0.786 |
Margin Leverage= 1x
Estimated Gain-time= 480h
Nice Long Opportunity ,Buy And Hold ❕ Bottom of The Horizontal Channel ,Have a Great R/R ,Nice Long Opportunity ,Buy And Hold
✅ Target On The Chart
🔴 Stop loss zone : 520 ~ 515
KMDBTCPRICE ABOVE WEEKLY SUPPORT 590
MAYBE PRICE GO DOWN AGAIN & RETEST THE AREA AND GAIN SOME LIQUIDITY
IN GENERAL PRICE MAKING WELL IN THE DAILY & WEEKLY TIME FRAME
LONG KMD/BTCStrong support is getting touched and a nice risk/reward trade is possible here.
Let me know if you've got feedback! Always eager to learn!
Thank you.
KMD/BTC | Key Level | Range Support | Trade Setup Today's chart – KMD BTC – consolidating at range/structural support. Price holding support validates a long trade to technical targets above.
Points to consider:
- Key level
- 21 EMA visual guide
- Oscillators oversold
Trading at its long-term range support; proceeding a stark correction. Price needs to hold support to form a bullish bias.
Further price action and trend continuation will allow the 21 EMA to act as a visual guide; a trade management tool assisting in defining risk. An S/R flip of the 21 EMA will further support the bullish bias.
The RSI is trading near oversold conditions indicating weakness in the immediate market. Stochastics are reaching oversold conditions and may remain oversold for some time, however, a valid buy cross will indicate momentum shifting on the macro time frame with stored momentum to the upside.
Overall, in my opinion, KMDBTC needs to hold support at this level for a long trade to technical targets above and risk defined below support.
What are your thoughts?
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
KMD/BTC (3rd Retest Key Support?)KMD/BTC
-The key support at 520 range is about to retest for the 3rd time
-If that level will hold for at least 5-10 days
-There is a high chance of potential bounce reaction up to 700 sat range
-Bearish scenario, a close below the key green support area
-Will send the price to ATL and new price discovery
Komodo, KMDBTC, 2020 Range playAnother simple S & R chart showing important 2020 price points in KMDBTC. Buying at the bottom of the range has proven to be an easy way to stack sats all year.
KMD/BTC is in a BIG BULLISH TRIANGLE!!KMD/BTC is in a BIG BULLISH TRIANGLE!!
There is also news coming up:
Komodo (KMD)
30 September 2020
LibnSPV Upgrade
A good entry would be inside the green target if there is a pullback or retest of the lower trend line of the triangle..
This may be a mid term hold - give it a month or two.
Please keep an eye on BTC, an irrational move from Bitcoin could change this chart dramatically.
Trade safe my friends....
BINANCE:KMDBTC
