KMDBTC trade ideas
Komodo risk to reward 1 to 56, absolutely amazing!Hello Traders, I have one more gem for you guys. This trade is 56 to 1 risk to reward against btc. If you hold btc maybe you should take a look at this chart, this can be an amazing move. On usd pair this chart is looking nice to, if drops a little more you can buy at lower prices, don t miss it!
KMD/BTC 187% pure profit within few weeks and still active#KMD/BTC Profit Update:1
#KMD/BTC currently trading at 600 Satoshi and Went upto 800 Satoshi
Which is 187% pure profit from our entry zone.
Entry:- 290-300 Satoshi ✅
TP1:- 323 Satoshi ✅
TP2:- 541 Satoshi ✅
TP3:- 824 Satoshi ✅
Still waiting for more TPs.
Support:- 550-600 Satoshi
Resistance:- 824/1157/1522/2117 Satoshi
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Komodo $KMD rounded bottom ideaThis is $KMD against $BTC pair. On a zoom out to a 3-day chart what instantly caught my eye were the 2 underlying geometries. The first is a huge shaping of an RB (Rounded Bottom) with an ATH of 126,000 sats starting around the first days of January 2018. Almost 1200 days have passed since then and the current price oscillates around 6,320 sats. making it roughly a 500% drop in price. Within the structure of this shaping RB it is clear that on march 2018 another minor RB was shaped, as it did again on mid-arch 2019 and the smallest RB on the end of august 2020.
That last RB has closed and I'm now waiting to see any further development, be it a parabolic move upwards if able to break the descending upper trend line that starts on December 9th's lower low and ends where the price action is at ATM.
The depth of the RB yields almost 400% profit.
RB Patterns once closed at least go for a measured move equal to its depth.
Fatality📈There are never too many flags.
One more Flag formation on KMD/BTC.
There are two components of a flag:
1. Flag pole
2. Bull flag
The price multiple times bounced from support and resistance zones.
Possible price target zone is 0.0000530 USDT.
Follow the chart and look for the breakout carefully.
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