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KMDBTC

[KMD/BTC] REVERSAL COULD START HERE [100-200% POTENTIAL PROFIT]#KMD / BTC ( Binance, Bittrex ) Buy Range : 0.00017-18 Stop Loss : Not recommend Target 1 : 0.000286 Target 2 : 0.00037 Target 3 : 0.00049 WEEKLY CHART - RSI near oversold zone ( Positive ) - MACD turning from very negative zone to negative ( positive ) - Downtrend trendline not broken yet ( Negative ) - Moving averages above candle ( negative ) DAILY CHART - RSI has turned from downtrend pattern to uptrend ( positive ) - If daily candle closes above EMA20 it will be a good signal ( positive ) - Double bottom spotted at 15.7k sats ( positive ) - MACD showing some good action ( Positive ) - Ichimoku cloud still above candles ( negative ) - Main descending trendline remains ( negative ) 4H CHART - EMA20 and MA50 crossed and below candles ( positive ) - MA200 has been broken and retested giving some support for now ( positive ) - Ichimoku cloud has been broken and candles stay above it ( positive ) - RSI shows overbought acton , which need to reset before continue up ( neutral ) CONCLUSION KMD is a very nice coin which got lot of potential. On the short timeframes its looking good as other altcoins. It can be bought on pullbacks or when trendline get broken and retested if you want a safe entry. I think this coin could reach higher positions if market turns to bull, so, i wil be updating as other ones if we reach our targets. Good luck
Long
by MikeCryptoSignals