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KMDBTC

KMD buy opportunity - LongKMD has strong fundamentals and is considered as a long-term investment. The previous drop got the price to the support line 26000 sats, which is a good entry point. Price is getting closer to the end of the flag and is rather unlikely that the price will further drop. ADX DI gives at the 1h a bullish signal. Yet the volume is missing. MACD is also sending some bullish signal. If the first target at 28900 breaks further upward trend to the second target is expected. First target is 28900 sats Second target is 39000 sats Third target is 55246 sats Good luck! Disclaimer: I'm new to TA and try to contribute some thoughts. I appreciate any feedback very much in order to learn from your experience.
Long
by Crystalball0x
2
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
Long
by Eugen14
1
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.
Education
by JCBCrypto