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Komodo / Bitcoin
Long
Updated

KMD attempting a bullish breakout

108
KMD created a nice head and shoulders pattern which seems to provide enough momentum for it to breakout. KMD was also one of little alts that had sustained or even gained on btc while it went though a bigger selloff
Trade active
1h candle closed nicely above the resistance. This should provide us with a potential retest and fresh bullish momentum
Trade active
Great opportunity for another entry once the retest is done
Trade closed: stop reached
vaclavkhun
Also on:
Fundamental AnalysisHead and ShouldersSupport and Resistance

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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.
Fundamental AnalysisHead and ShouldersSupport and Resistance
vaclavkhun
Also on:

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.