KMDBTC
$KMD, Crossed above resistance at ~7k sats with volume$KMD
Crossed above resistance at ~7k sats with volume, currently retesting it
If hodls and shows continuation(volume) to the upside (Flip Resistance into support), then aiming for a long position with target at ~8.4k sats
HL HH sequence
UCTS Buy signal on the 12H
#KMD
KMDBTC - Kickflip to the Moon****This is not financial advice!
So i was looking for some good charts to place a position seeming as the whole BTCUSD volatility certainly did its work on ALT's and i came across KMDBTC. This project has good fundamentals and better yet, a great chart setup!
In this short term at least it looks to be forming at symmetrical triangle on the hourly. With that tied with the bullish MACD crossover that could occur, we could be in for some north-side action.
Looking further afield in the 4hr chart, it appears to have bottomed, broken out, in addition with another bullish crossover on the MACD!
There is resistance around the 4500 Satoshi range so this would be a good place to take some profit.
[KMDBTC] Komodo chart analysis We have Komodo, a strong cryptocurrency project, for a long-term trade. Let's take a look at the chart, we will look at our signals for bottomed out altcoins:
*Here we have the bullish divergence on the MFI .
*MACD bullish crossover.
*we have strong support-line in 0.0000696.
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ENTRY: 0.0000695 - 0.0000720
TARGET:
(1) 0.0000865
(2) 0.0001100
(3) 0.0001364
(4) 0.0001735
(5) 0.0002263
(6) 0.0003500
(7) 0.0004585
STOP: Close weekly below 0.0000670.
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Visit my Telegram channel:
t.me
KMDBTC Long IdeaHolding uptrend nicely, currently testing downtrend resistance at 0.0001162. Volume still pretty low, but looks like a solid entry if we can keep this trend going.
Entry: 0.0001130~0.0001160
Target:
1: 0.0001193 (untested downtrend)
2: 0.0001309 (untested downtrend)
3: 0.0001710 (tested downtrend, this is the top of the move up two weeks ago)
Stop: 0.0001085 (below uptrend)
$KMD, Pushing against 13.5k sats resistance once again$KMD / $BTC Pushing against 13.5k sats resistance once again (acumulation under resistance )..
If crossed, we can aim again for a 16.7k sats as first target/zone of trouble..
Volume has been very good over the last week..
UCTS Buy signal on the 4H
MACD bullcrossed
#KMD
$KMD This setup looks really good..$KMD This setup looks really good as rebrand on July 15th is coming..
Flipping resistance into support at 13.5k sats level
Volume flowing in over the last days (Volume preceeds price)
RSI entering overbought
HL & HH sequence since end June bottom
UCTS Buy signal on the 6H
#KMD
Komodo Prepares For Bullish Action, 187% to 710% Profits PotentiKomodo (KMDBTC) closed last week with a bullish Doji, which is marked with a purple circle.
We can also notice from the chart above how KMDBTC touched the support level back from March 2017. We can also see that a strong bullish wave followed the bounce from this support.
We can notice bullish divergence on the MACD, with strong hidden bullish divergence on the RSI.
Important resistance levels (targets) are marked on the chart with grey and blue/orange dashed lines.
Conditions for change: Komodo (KMDBTC) is highly bullish after last weekly candle close, but, if KMDBTC moves down and closes below 0.00009000, the above signals become invalidated and KMDBTC con continue going lower and test the next support.
Anything above this level and we remain bullish.
Thanks a lot for reading... Feel free to hit like to show your support.
This is Alan Masters.
Namaste.
Previous Komodo (KMDBTC) analysis:
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THIS IS NOT FINANCIAL ADVICE.
KMD printed strong weekly doji 282% profit. Decent volume Komodo is showing underlying strength on the weekly chart.
1. Buyer printed a strong doji candle, which is an good indicator for a reversal
2. Volume is slowly but steady increasing since October 2018 with some decent green spikes
3. RSI low was August 2018 and is crawling its way up 50.0 threshold where it has been rejected last time about 2 weeks ago
We see the price fall slowed down and buyer made a strong doji. All in all it seems KMD is heading up to 2270. A retrace is expected.\u2028
What do guy and girls say? Did I miss anything?