KMDBTC
KMDBTC2 Scenarios playing out. One to the upside, one to the downside. Cloud showing future bullishness however further confirmation needed ie. Lagging span to appear above cloud. TK cross over.
Break of the floor means we'll likely see price plunge. I think this will be unlikely. Healthy community backing, minimal shills (with exception of a couple on twitter), pretty low key project, Barter Dex - Overall strong fundamentals.
KMD/BTCSqueezing in the accumulation zone, I expect a great movement.
The movement can be in both directions up & down. But in my opinion
the volume is increasing with the price. Therefore, in my opinion that
tested support line will help KMD to test the upper-primary trend line
one more time.
My middle term target is: 63k sats range
Komodo buyVery promising coin.
1. at the level of 0.00029 we see strong support.
2. The highlighted candles represent the "tweezers" pattern after which the turn must follow.
3. The price is in the lower area of the Bollinger bands. the price can jump up sharply
4. The RSI is below 50 and is directed upward, and the stochastic RSI is in the oversold zone and made the cross up.
Relying on this, I expect growth.
Purchase 0.000295
stop-loss 0.00025
target 0.00036-0.00050 (blue lines)
Fix profit in parts
KMDBTC Symmetrical TriangleKMDBTC looks like it's in a symmetrical triangle.
I used lines to mark impulse & correction waves so that you can see price action pattern easily.
Consolidation zones highlighted by white box.
Watch MACD for upward movement.
Watch RSI for upward movement.
This trade seems like it has favorable Risk:Reward and therefore, I will be putting it on my watchlist & setting alerts.
Just be very careful and use stop-losses no lower than slightly below the symmetrical triangle bottom line, as these are known to have aggressive bearish breakouts.
Let's hope that's not the case & see how it plays out.
KMDBTC - If $2.80-.90s hold then it will go back up towards ATH$4.00 expected if it breaks resistance and then anything past that price is open for conversation