KMDBTC trade ideas
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 - 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.
Komodo Breaking Up Strong (88.8% Target Mapped)KMDBTC (Komodo) is breaking strong out of a falling wedge.
With really good volume coming in, in this slow and relaxed day...
The altcoins market started to heat up last week, now is showing some additional momentum, we are likely to see fireworks by the time this week ends.
Komodo has been profitable to us many times in the past... We believe this time it will be good as well.
KMDBTC now bullish.
Namaste.
KMD/BTC (Potential double bottom?: up to 50% profit)KMD/BTC
KMD may have found support at previous swing low last Oct 2019 trading history.
If this is the potential double bottom and KMD manages to break the downward trendline resistance.
We could expect the price to go higher up to 900 sats and have our stop-loss below 515 sats.
Pacience Time for KomodoHello Traders,
KMD/BTC dont have a profit/loss factor trading,
For us to enter a position we always have one stop loss value, and for that our target have to be at least twice as much as our stop value, that mean for us we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For atom we can see that we can that the price just reverted on important support, but now is close to the long term resistance line, now is time to do nothing and watch the price testing theses two levels.
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Best regards, Sandro and Gustavo