KMDBTC trade ideas
Altcoin TOP 54 - KMD/BTC Altcoin TOP 54, capitalization $ 166 million
The indicators (RSI, AO) are a good bullish diver.
"ACUPULATION zone" on the chart is a favorable price range for recruiting positions.
For the next 3-4 weeks there are interesting events on a coin (in particular, the launch of the Antara framework on July 15).
FCAS rating in the region of 600 is a live project.
Immediate goals indicated on the chart. 0.0001400-1500 - good support.
Looks promising in the middle. You can consider buying at a small% of the deposit.
$KMD Sitting over support at ~17k sats with a double test $KMD Sitting over support at ~17k sats with a double test
Volume looks exhausted on the selling side
I'm waiting for some more confirmation (volume, start to break to the upside) to confirm a potential entry.
Taking a position with a tight SL is also valid.
#KMD
Komodo Looking for a Breakout? ($KMD/$BTC)Looking at it from different perspectives here... From ATH and playing a downward trendline here with recent activity, shows a breakout north. Consequently, it has reached earlier support (now resistance) 12/2017. Whereas also other trendline from candle closes in 12/2017 would place us near the 99 EMA for resistance and better confirmation for me to know if this is heading north around 2100-2200 SAT level.