KMD/BTC 1D (Binance) On strong support & inside falling wedgeKomodo is having a hard time in satoshis like many ALTs right now, but it's facing strong support here.
I'm expecting a breakout sooner or later, patience is the key don't forget about that!
Buy Entry= 0.0000534 - 0.0000488
Take Profit= 0.0000626 | 0.00000681 | 0.00000781
Stop Loss= 0.0000396
Risk/Reward= 1:1 | 1:1.48 | 1:2.35
Expected Profit= 22.50% | 33.27% | 52.84%
Possible Loss= -22.50%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
KMDBTC trade ideas
On a Long Term Support Line ,Good Long Opportunity 📡 KMD / BTC
🌐 Exchange : BINANCE
▶️ Buy : 572
👇 Targets :
✅ Tp 1 : 618 (8%)
✅ Tp 2 : 665 (16%)
✅ Tp 3 : 720 (26%)
🔴 Stop loss zone : 520 ~ 518
KMD Support buyHello Traders
The KMD is close to a strong level of support. It is an excellent level to buy for an oscillation trade due to the good probability of reversal.
How to proceed in this opportunity?
There are 2 strategies.
The first and the simplest is to buy the asset now with a stop below the last lower level. This is the easiest strategy, as there is no need to monitor the asset all the time.
The second and most accurate is to wait for a candlestick reversal pattern. This is the most accurate, as this will ensure that you will buy the asset in the right direction.
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KMD looks interestingKomodo might be gearing up for a push in a few days time....
T/A is simple,,, just getting ready for a breakout..
$KMD - Just a falling wedgeWaiting a break, but amazing chart,
If the wedge breaks up ... it could be an amazing rally
Not a Financial Advice
Easy 77% or 140%+ For Komodo (Falling Wedge Breakout)Komodo (KMDBTC) broke out of a strong falling wedge and tested its trendline as support.
Prices are now bouncing strong and after the above-mentioned action, this tells us that KMDBTC will now start to grow.
The immediate resistance to break for additional growth is sitting at 0.00000732 or MA200. Above this level, KMDBTC can jump and easily print 75%+ in growth.
Additional growth will develop overtime... PATIENCE IS KEY .
More information on the chart.
Thanks a lot for reading.
Namaste.
Previous analysis - Apr 13
Komodo Breaking Up Strong (88.8% Target Mapped)
(This is not financial advice)
KMD/BTC - riding the 5th wavePretty textbook setup, for riding 5th wave. 3rd wave get out of the channel, with strong volume, hitting 1,618 fib extension of 1st wave, so everything fits. Now price MUST NOT get below TOP of the 1st wave, otherwise we are not dealing with 5-wave structure. Target is aproximately at 1050 satoshi, so if you enter trade right now, RRR would be 3, which is good.
KMD BTC LONGLast week price closed above the EMA20 on the weekly timeframe and now we have a tight ranged inside bar which looks like it should close above the EMA20 also with bullish rsi divergence.
On the daily timeframe looks like price has found support at the 61.8% fib level
could be signs of a bullish week ahead
KMD / BTC 4 HOUR SHORT EDITKMD, looks finish the correct around the 0.618 fib level, nice falling wedge, we need volume injection but looking good!
Keep an eye on this one mates!
KMD is about to take off!Great chance to make more satoshi, buy it when it breakouts out from this pennant.
KMD/BTCAfter a nice run, KMD has had time to cool off and have pulled back into my buy zone.. ill be looking for buys in here with expectations of a move to the upside
KMDBTC Short potential 18%Novice trader guys,
But just using basic technical analysis which KMD seems to respect, It looks like we could have an opportunity to short here for 18% potential back to previous support.
Do you think this looks like a viable opportunity ?
If this next candle closes below the sky blue colored support line I would assume it will drop down to next support.
Tell me what you think, Thankyou.
Where to buy KOMODOHello traders,
Komodo had a strong uptrend moviment on this lasts few days, and stopped uptrending at an important Resistance level, so where to buy this asset?
We have two point for long postion in this asset.
1 Is on the pullback to this long term resistance line and also 0,5 Fibonacci Retracement
2 Is above this Important Resistance level after some bullish accumulation pattern.
Until them we have to be pacience and wait for a clearly indication.
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#KMD - Clear Bullish SetupThe setup is clear - breakout of the falling wedge, confirmed. Easy scalp for 10% - 15% profit potential. Mentioned both entered zone and targets on the chart.
KOMODO 1D BULLISHKOMODO PROJECT IS VERY BULLISH FOR THIS MOMENT, LOOK !
ATOMICDEX SOON ! DEX is the future ! :)
KMD - Trendline beak + Wyckoff accumulation Well, KMD is one monster of a chart.
Wyckoff accumulation is sort of a meme in crypto, but this is as close as it gets :)
Long term trendline about to be broken, lovely bullish weekly RSI divergence.
Don't know if KMD has any FA news to support the breakout and rally forward, but from TA standpoint, this looks good.
