Komodo
Komodo would probably resume its uptrend again...Technical analysis:
KOMODO/BITCOIN is in a range bound and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.000326 to 0.000278), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000326)
Ending of entry zone (0.000278)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00040
TP2= @ 0.00045
TP3= @ 0.00052
TP4= @ 0.00059
TP5= @ 0.00066
TP6= @ 0.00088
TP7= Free
Komodo would probably resume its uptrend again...Technical analysis:
KOMODO/BITCOIN is in a range bound and resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.000326 to 0.000278), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000326)
Ending of entry zone (0.000278)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00040
TP2= @ 0.00045
TP3= @ 0.00052
TP4= @ 0.00059
TP5= @ 0.00066
TP6= @ 0.00088
TP7= Free
CoinLoop AI Signal: Komodo (KMD) - BUYNew A.I. Signal
Komodo (KMD) · Loop A.I.
Indicator: Positive market sentiment. Positive signal from MACD & RSI analysis.
Signal: Likelihood of price increase: 64%
It's risky to play with KOMODO dragons but...I once saw Steve Irwin do it and I was convinced one day I would too; today is that day.
I'm setting my buy-ins for this coin in my buy in zone on the chart, it may be too late but if BTC decides to dip I'm sure I'll have zero issues getting into this coin.
I like Komodo because it's a great project, with a great team behind it. They are constantly improving and updating their code with commits to GitHub.
The unique thing about KMD is that the blockchain will create clones of itself for asset chains (think ERC20 tokens). This already solves one of the biggest issues with ETH's bloat, each token will be on it's own chain which will talk to the main KMD chain. Another great thing about KMD is that it's language agnostic; code in any language you want and it will work on KMD, this would bring lots of smart contract coders over.
It's still really early in KMD's life, they are only at 400Million MarketCap, this project is easily worth more than EOS,TRX and many other projects with no product as of yet.
Hype is real and it hasn't even touched this coin yet; when hype hits KMD it will skyrocket. This will be a long hold for me.
$KMD looks primed for a pumpClear Cup and handle formation on daily, Monaize and Blocnation dICO that will happen on early May could be a good catalyst for this pump.
Retrying the Edge to Edge trade on KomodoI recently had a loss on a stopped out E to E trade on KMD and a few of my others. Nearing the end of the day KMD is closing above the Kijun, in the cloud, and with a TK cross on the Daily. All these considered I will enter the trade with the close fulfilling all the above conditions. Just because a trade failed once doesn't mean you shouldn't try it again (with good conditions of course).
So Many Edge to Edge Trades available with great R:RThere are many great edge to edge trading opportunities here with good Risk to Reward Ratios.
Most involve big possible percentage gains, but range from 10 to 20 percent possible losses. Make sure to only risk what you can afford to lose. For me that is about 1% of my account on every trade, but with all these opportunities I have decreased that to .5%. This gives me more opportunities to trade in the long run, but fewer gains in the short run.
Komodo (KMD) easy 5-10% tradeBullish symmetrical triangle.
Great fundamentals.
Bullish divergence on RSI.
If price fails to break triangle then 4200 is there as a support level which would mean a great buy.
A $KMD bag holder charting $KMDtargets are fibs, no target timeframe
you'd want to have gotten in before .00038 but hindsight bias a b*tch
I'm not gonna tell you where to put your stop loss or give R:R because I think you should be able to do that according to your balance/capital/equity
anyways DYOR, leave a follow, a comment, some hate, whatever
always willing to learn more so if you feel like you can open up opportunities for a pleb like me feel free to reach out
Komodo cup handle poised for breakoutKMD having formed a giant parabolic cup in the last few weeks is coming up to a handle formation.
It is now moving downwards in a channel forming the handle and possibly nearing the bottom and ready to break out to the upside,
target (in green)
0.0005695 or Fib 1, whichever first
Points of resistance:
Fib 0.5 (0.0004952)
Fib 0.618 (0.0005122)
Fib 0.786 (0.0005363) to 0.0005506
Entry: you can wait for confirmation on the breakout before buying in to be sure.
Stop loss would be bottom of the channel, where it exits to the break out.
Profits: Take profits along the way, I typical sell portions of my position to secure profits along the wya, before each points of resistance.
Goodluck!
Komodo VS Bitcoin Slow ReversalKomodo has established support and resistance areas, around 30k and 90k satoshis. Price continues to range between those levels, and currently is at the bottom of the range. 76.4% Fibonacci retracement level is being rejected, confirming the potential bottom of the current wave down.
From the 30k satoshis area, the price is likely to start moving upwards, although it could be a very slow reversal that could take another month. First of all KMD/BTC has to break above the downtrend trendline, with a daily close above 45k satoshis. And secondly break above 60k satoshis should confirm a strong move up, that should take price up to 88k, 100k or 122k satoshis levels. In the unlikely event, when the 30k support is broken, Komodo could get back to 17k satoshis level.
There is possibility for the beginning of uptrend in KOMODO/USDTechnical analysis:
KOMODO/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 38.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (2.11 to 1.55), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.11)
Ending of entry zone (1.55)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 3.38
TP2= @ 5.02
TP3= @ 5.97
TP4= @ 7.20
TP5= @ 8.61
TP6= Free
KMDUSD , weekly update:Total profit 539422095 in 16 days.!KOMODO/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (2.11 to 1.55), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.11)
Ending of entry zone (1.55)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 2.65577905(day close price) based on the reversal candle (Trough) & (the Bullish Exit in Daily RSI ) at 04.02.2018.
Total Profit: 539422095
Closed trade(s): 72422095 Profit
Open trade(s): 467000000 Profit
Closed Profit:
TP1 @ 3.38 touched at 04.12.2018 with 72422095 Profit.
Open Profit:
Profit for one trade is 3.58977905(current price) - 2.65577905(open price) = 93400000
5 trade(s) still open, therefore total profit for open trade(s) is 93400000 x 5 = 467000000
All SLs moved to Break-even point.
Take Profits:
TP2= @ 5.02
TP3= @ 5.97
TP4= @ 7.20
TP5= @ 8.61
TP6= Free
Technical analysis:
Komodo/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 61.
DIGITAL ALPHA UPDATE - KMD Fans, We Did Not Forget YOU!Komodo Klan! Good day to you all.
This is DA Bull giving one of the best communities out there a quick update. KMD/BTC is hitting a fib level at the moment. We are showing a RSI level of "overbought" on the 1 day charts. There is some sideways movement here, which is great. It was not a hard rejection at the resistance level. Once the price breaks out of this current level, next resistance is around 0.00052050. Depending on how much momentum there is during the breakout, some prices of 0.000583 might get touched. Some Atomic Swap news might push this price over the edge, but slow and steady wins the race. Volume is not quite there yet, but volume is not quite there all across crypto. We won't see altcoins really party until we cross $12,500. Read this article for details on why $12,500.
Komodo is a great project and Digital Alpha plans to look for entries into KMD within its Large-Cap portfolio soon, but not quite yet.
Take care everyone, thank you for reading. Subscribe to our Telegram by clicking on our link below. We will provide updates to our portfolios so you can track them live, conducting raffles, LTC giveaways, hardware wallet giveaways, and ICO airdrops soon. So stay tuned!
DA Bull
#kmd
KOMODOBTC: BREAKOUT?Hello friends,
Komodo is about to breakout if we are able to break the trendline. As you can see, last two days the breakout failed because the daily candle closed below it. In my opinion we are going to see a succesful breakout soon.
- THIS IS NOT FINANCIAL ADVICE -
CoinLoop AI Signal: Komodo (KMD) - BUYKomodo ( KMD ) · Loop A.I.
Indicator: Price resting on long term support. Long term buy signalled. Price beginning to move up.
Signal: Likelihood of price increase: 70%
KMD / BTC: Possible trend reversal soon?Seems to have found a bottom. Higher lows, higher highs.
Expect some nice fireworks if the grey zone/resistance level at 40k sats gets broken. Good luck.
komodo breaking? x2 kmd been accumulating for a while
falling wedge channel broken on the 4h possible 2x within next month
Komodo - Fundamentally Great and Bargain Buy!Komodo, great coin with a great team and a great month ahead.
Not a particular marketing wise great team, but what I've seen from them development wise, they have a bright future coming.
For this I've the Komodo / BTC chart. Let's first discuss the Komodo / USD chart a bit.
Conclusion: the same as Stratis. Retraced all the way back towards the support box around $2.30-2.70, which it has been in at the beginning of Q4 2018 and which is a pretty big support area. Falling wedge scenario, small bullish divergences on the daily can be seen too. Bollinger Bands squeezing, so there's some volatility coming.
Then we've the Komodo / BTC chart, a chart I've discussed earlier with Elliott Waves, which I won't be using now.
Again a falling wedge, after the same falling wedge from September towards December. Pretty massive breakout afterwards.
Right now, pure technical:
- Bullish divergence on the rSI
- Bullish divergence on the Stoch RSI
- Bullish divergence on the CCI
- Bullish divergence on the MACD
All on the daily --> gives confidence.
Red flag: no real volume yet, which is slowly building up.
Fundamental wise it's a big month for Komodo with ICO's and an airdrop. And I'm expecting a lot from this project, probably one of the few platforms being a real concurrent for Ethereum.
Conclusion: we're in a bargain buy area for Komodo. Expecting a little sideways pattern for the coming days awaiting what Bitcoin wants to do. When BTC breaks the $7.300 downtrend zone on the logtrend scale I'm expecting that this one will make a significant upwards movement just like we've seen earlier.
