Komodo (KMDBTC) had a strong bounce recently and just moved above EMA50 on high volume.
This signal tells us that this pair is ready to move up and grow.
The RSI is now at 60. A few months back, we would see the RSI sitting at 10, 15, 20 and such for most altcoins even if they were moving up.
Now we are seeing strong RSI across the board even while these pairs are hitting new ATLs.
Now that KMDBTC is back above EMA50, we can expect more bullish action.
The next and main target is marked on the chart with a bold dashed magenta line.
I marked two additional targets for short-term gains.
Remember to have a plan and use a stop-loss if you decide to trade.
Thanks a lot for reading.
Namaste.
This signal tells us that this pair is ready to move up and grow.
The RSI is now at 60. A few months back, we would see the RSI sitting at 10, 15, 20 and such for most altcoins even if they were moving up.
Now we are seeing strong RSI across the board even while these pairs are hitting new ATLs.
Now that KMDBTC is back above EMA50, we can expect more bullish action.
The next and main target is marked on the chart with a bold dashed magenta line.
I marked two additional targets for short-term gains.
Remember to have a plan and use a stop-loss if you decide to trade.
Thanks a lot for reading.
Namaste.
Note
+36%
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.