KMD long on break of key resistance!
Komodo (KMD) just broke and closed above a key resistance level that price has been testing since mid-February.
The buy volume at the lows has been very strong, indicating interest from buyers here.
Major resistance lies above in the mid 500's with a Chaos PRZ + Short Reload zone .702 sweet spot lining between 640-660 sats.
With BTC breaking down from range highs we'd expect a good chance that Altcoins outperform here in the mid-term, making a setup like this irresistible for the bulls!
The buy volume at the lows has been very strong, indicating interest from buyers here.
Major resistance lies above in the mid 500's with a Chaos PRZ + Short Reload zone .702 sweet spot lining between 640-660 sats.
With BTC breaking down from range highs we'd expect a good chance that Altcoins outperform here in the mid-term, making a setup like this irresistible for the bulls!
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