Komodo (watchlist)The price push that had place on 06/09/21 failed to break the resistance and bounced off the upper trendline which seems to be respected on both on arithmetic and logarithmic scale.
The key level to break & hold here is 1.62
I started to accumulate this coin last month, although I'm not making no bigger entries for now. But I'll be keeping an eye on it.
KMD
KMD - Trade PlanKMD has been in a nice uptrend but is currently pulling back. It has approached a strong support level and could provide a good buying opportunity. If we see price consolidating and stays supported here, I will take a buy position once bullish price action is confirmed.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
kmdusd support forming at 1$ with 60% gain potential Komodo forming a support at 1$
Potentially it would go 60% up if 1$ will hold.
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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KMD/BTC 35% profit update with week so what next.?#KMD/BTC Profit Update:-
#KMD/BTC currently trading at 383 Satoshi
And our entry was below 300 Satoshi
Entry: 290-300 Satoshi also filled
Now 30% up from our entry.
Hope you all are very happy.
Within week 30% profit.
Still many rooms for upward side as per chart.
This is just beginning.
Support:- 300 Satoshi
Resistance:- 541/841/1157/1522/2117 st
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KMD / BTC - Path to breakout of weekly resistanceKMD appears to be approaching a breakout of its weekly resistance. It made yet another attempt overnight and was rejected.
A strong bearish divergence provides confluence that we may see a move back down towards the bottom of its channel before we make another breakout attempt on weekly resistance (approx ~330-350)
Let's see what happens, this is one of the few relatively well-known alts that hasn't yet broken weekly resistance, and I believe it still has a good chance but may see a bit more consolidation prior to making a big move.
Targets are displayed on the chart, bottom and top of channel, and if and when we get a real breakout of the parallel uptrend here, we could see it go parabolic. This idea is invalidated if we fall below the channel and fail re-entering.
Short term - Short, bottom of channel
Long term - Long, top of channel, and/or much higher if we cleanly break above it
Thanks for your support, please comment and share any thoughts or ideas you may have as well, cheers!