KMDBTC trade ideas
KMD/BTC LONG opportunityHey everyone!
The alts market is starting to recover, and there are many opportunities present to earn some money!
Here is one of them: KMD/BTC
1) On a 4H chart, looking at the moments we can see that BULLISH moves are getting stronger (steeper slope), while BEARISH moves are getting weaker (slighter slope), that is good indicator of potential growth!
2)We are approaching the resistance with an accumulation with some relatively high volumes.
Based on the arguments above, I would recommend to place BUY orders at 690-710 levels with a STOP-LOSS at 664. And then SELL at 820-850.
This is a great trade with 15-20% profit opportunity and high R/R ration of 4.2!!!
P.s If you'd like some more signals, please leave a feedback and check my "location" on TraidingView!)
KMD-BTC Trade IdeaKMD seems to be forming ascending triangle on 4 hrs chart.
RSI is rising and needs to be breakout of the resistance line (dotted line)
MACD is rising steadily
SBS indicator signaled BUY
BUY at the close above the trend line (dotted line)
Target 1 is ascending triangle resistance breakout line. If breaks out with volume then Target 2 and 3 are achievable
SL is below the last support or Swing low.
Komodo: Playing the ProbabilitiesIn this case, KMDBTC has rallied to the 38% retracement of its last thrust lower over the previous month. The 38% retracement level is at 714. There is additional horizontal resistance at 725.
Where KMDBTC is different from other altcoins we have looked at, is there is a scenario where you FOMO into a long. If KMDBTC closes a 4H bar above the 50% retracement level at 740, a much bigger rally could unfold.
Bottom Line: There's promise here. In the meantime, respect resistance.
Today`s ALT!!! KMDBTCBINANCE:KMDBTC
Exchange : Binance
Coin: KMDBTC
Buy Zone: 0.000067~0.000066
Target Point: 0.0000705/ 0.000075/ 0.000081/ 0.000086
S/L: 0.0000645
Risk: HIGH
Term: Middle
It`s making Symmetrical Triangle !!
It`s time to pump!!!!
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Investment is your responsibility.
I'm just providing about coin`s information
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Komodo can go upIf Komodo can stay above 0.00006617 in the next few days we might see some going up and first resistance around 0.00007294 where I suggest to sell part of the profit or if we go trough it we move our SL. Target is 0,00008465 and Stop Loss is at 0,000060000. For all this we need BTC dominance to stay beneath 72.80 or alts will dump.
$KMD, Crossed above resistance at ~7k sats with volume$KMD
Crossed above resistance at ~7k sats with volume, currently retesting it
If hodls and shows continuation(volume) to the upside (Flip Resistance into support), then aiming for a long position with target at ~8.4k sats
HL HH sequence
UCTS Buy signal on the 12H
#KMD
KMDBTC - Kickflip to the Moon****This is not financial advice!
So i was looking for some good charts to place a position seeming as the whole BTCUSD volatility certainly did its work on ALT's and i came across KMDBTC. This project has good fundamentals and better yet, a great chart setup!
In this short term at least it looks to be forming at symmetrical triangle on the hourly. With that tied with the bullish MACD crossover that could occur, we could be in for some north-side action.
Looking further afield in the 4hr chart, it appears to have bottomed, broken out, in addition with another bullish crossover on the MACD!
There is resistance around the 4500 Satoshi range so this would be a good place to take some profit.