KMDBTC - STARTING WAVE 3Our analyzes are based on the Elliotts theory to determine the main trend, the targets of waves based on Fibonacci, Resistance - Support Zone. Also, we use indicators like EWO, MACD, MA50, Ichimoku, BB to confirm the end and start of a trend.
4H: KMD is starting wave 3.
TRADE INSTRUCTIONS
Buy in: 0.00042739 - 0.00045961
Targets:
(1) 0.00067716
(2) 0.00075120
(3) 0.00083294
(4) 0.00096519
(5) 0.00117917
Stop loss: (Stop loss will be updated in detail when happening)
At present, we recommend that you sell in short-term to turn around the capital to another altcoin to maximize profits.
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KMDBTC trade ideas
KMD pump looks imminentChart pretty much speaks for itself. KMD tends to go up a lot in a short amount of time. If you want to buy KMD this may be a good time considering that crypto market looks healthy at the moment.
Target is its ATH at 100k. However, if you want to be on the safer side consider selling at 75-85k sats.
This is not a trading advice and I am not responsible for any losses may occur from following this idea.Always DYOR.
Retrying the Edge to Edge trade on KomodoI recently had a loss on a stopped out E to E trade on KMD and a few of my others. Nearing the end of the day KMD is closing above the Kijun, in the cloud, and with a TK cross on the Daily. All these considered I will enter the trade with the close fulfilling all the above conditions. Just because a trade failed once doesn't mean you shouldn't try it again (with good conditions of course).
So Many Edge to Edge Trades available with great R:RThere are many great edge to edge trading opportunities here with good Risk to Reward Ratios.
Most involve big possible percentage gains, but range from 10 to 20 percent possible losses. Make sure to only risk what you can afford to lose. For me that is about 1% of my account on every trade, but with all these opportunities I have decreased that to .5%. This gives me more opportunities to trade in the long run, but fewer gains in the short run.
KMD C&H to to .00053KMD broke out of downtrend a bit ago and has since pushed a first leg up into a correction. That correction has landed right on the 0.618 fib level which is a bullish bounce off from there and now has formed a handle to make a cup and handle. The handle retraced to the 0.5 fib level which both fib retraces are normal cup and handle retraces. Volume profile is right as left of the cup has most volume and it has decreased since and the handle has a decreasing volume profile as well. The handle also retraced right into the strong VPVR order block and has bounced. The pattern will be verified on a break of the cup neckline with significant localized volume.
Target: 0.00053 which is about 15% from price now however the safest way to play this is to enter upon cup break especially with the left side of the cup having a large wick we must have a real volume breakout to know it has broken that resistance.
KMD Bullish running into oversold zoneKMD has broken out of its bearish trend at the vertical blue line. KMD is looking to establish new support after it runs into oversold RSI and ADX. KMD is a legit project with the first decentralized exchange BARTARDEX to offer atomic swap. A very underrated project with strong developers, lots of github commits, and read this medium.com
KMD will blow your mind and they are definitely going to disrupt the crypto space. One of my high recommended buy coins.
A $KMD bag holder charting $KMDtargets are fibs, no target timeframe
you'd want to have gotten in before .00038 but hindsight bias a b*tch
I'm not gonna tell you where to put your stop loss or give R:R because I think you should be able to do that according to your balance/capital/equity
anyways DYOR, leave a follow, a comment, some hate, whatever
always willing to learn more so if you feel like you can open up opportunities for a pleb like me feel free to reach out