KMDBTC
$KMD, Flipping into support the ~10.2k sats level$KMD
Flipping into support the ~10.2k sats level with UCTS indicator showing buy signals across the board..
Golden cross can be spotted on the 8H (EMA50/200)
RSI at overbought
If volume keeps flowing in from here, then we can aim for higher targets at ~11700/ 13470 sats
#KMD
There is a possibility for the beginning of an uptrend in KMDBTCTechnical analysis:
. KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007270)
Ending of entry zone (0.00005355)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00009675
TP2= @ 0.00012365
TP3= @ 0.00015580
TP4= @ 0.00019600
TP5= @ 0.00025100
TP6= @ 0.00037300
TP7= @ 0.00047200
TP8= @ 0.00057050
TP9= @ 0.00088000
TP10= Free
There is a possibility for the beginning of an uptrend in KMDBTCTechnical analysis:
. KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007270)
Ending of entry zone (0.00005355)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00009675
TP2= @ 0.00012365
TP3= @ 0.00015580
TP4= @ 0.00019600
TP5= @ 0.00025100
TP6= @ 0.00037300
TP7= @ 0.00047200
TP8= @ 0.00057050
TP9= @ 0.00088000
TP10= Free
Komodo Next In Line | Decisive Break Above Resistance (65%)Komodo (KMDBTC) had a strong bounce recently and just moved above EMA50 on high volume.
This signal tells us that this pair is ready to move up and grow.
The RSI is now at 60. A few months back, we would see the RSI sitting at 10, 15, 20 and such for most altcoins even if they were moving up.
Now we are seeing strong RSI across the board even while these pairs are hitting new ATLs.
Now that KMDBTC is back above EMA50, we can expect more bullish action.
The next and main target is marked on the chart with a bold dashed magenta line.
I marked two additional targets for short-term gains.
Remember to have a plan and use a stop-loss if you decide to trade.
Thanks a lot for reading.
Namaste.
$KMD, ~6390 sats level was crossed & flipped into support...$KMD
~6390 sats level was crossed & flipped into support the over the last 24hs
Aiming for ~7230 sats w/ UCTS showing buy signals across the board
Crossing above EMA50 on the 12H
handling this position through @3commas_io Smart trade platform
#KMD
Komodo Recovers | Strong Move Ahead | Easy 66%+ PossibleKomodo (KMDBTC) is printing a very strong bullish candle today.
After hitting a peak on the 7-Oct., KMDBTC retraced and produced good volume to break below EMA50 and EMA10... Today, a strong bullish candle regained those levels back, meaning, KMDBTC is now back above EMA10 and EMA50... This is a strong bullish signal.
This move is also supported by big volume, above-average, and the biggest volume bar since the 6-Sept. bounce after the ATL was hit, confirming that this is a strong and solid move.
The RSI is strong and the MACD on the bullish side.
Komodo can easily continue growing.
Conditions for chnage
If KMDBTC moves down and closes below EMA10 or the green trendline, the above signals are invalidated and we switch our view from bullish to bearish until a new analysis is published.
Thanks a lot for your continued support.
Namaste.
Komodo Prepares For A 111.1% Profits Wave @alanmastersI love Komodo (KMDBTC) as a cryptocurrency project as well as a crypto-trading pair.
The first being because it is a solid project and the second because it always generates great profits for us. I am mostly called to this chart at the right time...
Let's take a look at Komodo differently for entertainment. We will ignore our classic, highly effective, signals for something different.
Let me call your attention to the yellow (EMA200) and grey (EMA300) lines. These are moving average lines, an indicator.
Notice how bearishness starts after the price moves below these lines/level... But after a low is hit and bullish divergence shows up on the MACD, basically the price gravitates back towards these same lines (green arrow).
Right now we are seeing KMDBTC trading far below EMA200 and EMA300. Bullish divergence is already showing on the MACD. So as we've seen before, KMDBTC price is now expected to move towards these lines and break pass above them.
If this isn't enough to convince you that Komodo is now bullish and will soon move up, then we still have all of the classic signals that are also active on this call.
SPOILER ALERT . Komodo (KMDBTC) is about to move up!
Namaste.
KMD/BTC LONG opportunityHey everyone!
The alts market is starting to recover, and there are many opportunities present to earn some money!
Here is one of them: KMD/BTC
1) On a 4H chart, looking at the moments we can see that BULLISH moves are getting stronger (steeper slope), while BEARISH moves are getting weaker (slighter slope), that is good indicator of potential growth!
2)We are approaching the resistance with an accumulation with some relatively high volumes.
Based on the arguments above, I would recommend to place BUY orders at 690-710 levels with a STOP-LOSS at 664. And then SELL at 820-850.
This is a great trade with 15-20% profit opportunity and high R/R ration of 4.2!!!
P.s If you'd like some more signals, please leave a feedback and check my "location" on TraidingView!)
KMD-BTC Trade IdeaKMD seems to be forming ascending triangle on 4 hrs chart.
RSI is rising and needs to be breakout of the resistance line (dotted line)
MACD is rising steadily
SBS indicator signaled BUY
BUY at the close above the trend line (dotted line)
Target 1 is ascending triangle resistance breakout line. If breaks out with volume then Target 2 and 3 are achievable
SL is below the last support or Swing low.
Komodo: Playing the ProbabilitiesIn this case, KMDBTC has rallied to the 38% retracement of its last thrust lower over the previous month. The 38% retracement level is at 714. There is additional horizontal resistance at 725.
Where KMDBTC is different from other altcoins we have looked at, is there is a scenario where you FOMO into a long. If KMDBTC closes a 4H bar above the 50% retracement level at 740, a much bigger rally could unfold.
Bottom Line: There's promise here. In the meantime, respect resistance.