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Komodo

KMD / BTC - Path to breakout of weekly resistanceKMD appears to be approaching a breakout of its weekly resistance. It made yet another attempt overnight and was rejected. A strong bearish divergence provides confluence that we may see a move back down towards the bottom of its channel before we make another breakout attempt on weekly resistance (approx ~330-350) Let's see what happens, this is one of the few relatively well-known alts that hasn't yet broken weekly resistance, and I believe it still has a good chance but may see a bit more consolidation prior to making a big move. Targets are displayed on the chart, bottom and top of channel, and if and when we get a real breakout of the parallel uptrend here, we could see it go parabolic. This idea is invalidated if we fall below the channel and fail re-entering. Short term - Short, bottom of channel Long term - Long, top of channel, and/or much higher if we cleanly break above it Thanks for your support, please comment and share any thoughts or ideas you may have as well, cheers!
Short
by dudebruhwhoa
4
🆓Komodo/USDT Analysis (5/3) #KMD $KMDThe buying force is coming to KMD but it still stuck below 1.4$ zone, if it couldn't conquer this zone, it will fall down with Diamond pattern, which can push KMD down to 1$ zone or even 0.6$ zone in this March. If it conquers 1.4$ zone, it will come back to the ATH at 1.9$ zone or even 2.8$ zone in this March 📈BUY -Buy: 1.4-1.45$ if A. SL B 📉SELL -Sell: 1.85-1.9$. SL A -Sell: 2.75-2.85$. SL A ♻️BACK-UP -Sell: 1.2-1.25$ if B. SL A -Buy: 0.98-1.02$. SL B -Sell: 0.98-1.02$ if B. SL A -Buy: 0.58-0.62$. SL B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
by CryptoStation
KMD/BTC rather bullish 😂Absolutely love the Komodo Bitcoin pair's weekly chart. KMD has been in a falling wedge since 2018 and might be ready to break out and go for a big run up. TA - Falling Wedge --> Bullish pattern - Long term Bullish Divergences on OBV and MACD. More recently Willy and Stochastic joined the bullish div party. 🥳 - Risk to reward (0-ATH) 34:1 <-- that's huge. - Both Stochastic and Willy are Oversold And to top it all off there are W's everywhere. So could you enter now? I'd say yes but just to be sure it's safe to split your investment into 3 parts. 1 part can be used to enter before breakout, 1 part at breakout and 1 part at retest of breakout. I'm going Little Old Lady on this one so no need to set targets. I'll just be counting doubles. The Little Old Lady Technique comes from Brian Beamish and goes as follows: Here you take the average buy price and sell half of the asset every time it doubles. So at 100% sell half, at 200 % sell half of what's left and so on! Let's see how many doubles we can get from this pair. Cheers, W
Long
by WouterNRS
KMD(KOMODO) good opportunityGreetings, I have previously posted ideas with the main trend of the KMD coin, I recommend you get acquainted with it to start with. At the moment, the trend is reversing and we can take another look at this coin. As it has a good chance to grow. Many altcoins have formed a similar concave bottom or bowl formation, this one among them. The price has already tested the 300 sat level (ascending triangle) 3 times. And the next time could be a true breakout. Possible entry points for a trade 1. Breakdown of the triangle 2. pullback after breakdown 3. From the lower boundary of the triangle 4. from concave bottom support and lower channel (pink and green line). Potential profit taking areas 550 Satoshi - breakout of the triangle and lower border of the channel 800 - completion of concave bottom formation and working out of the wedge Further by resistance levels. Always use stop loss, and do not use trading leverage greater than x3. A trader should always have tomorrow. If this information is useful, please like and subscribe, so as not to miss anything.
by Kirill_Gaitan
6
KMD/BTC 12h (Binance Spot) Descending channel breakoutKomodo broke bullish at last, first of the falling wedge then of the parallel channel. And it just pulled back so I believe it's time to re-enter above 50MA! Current Price= 0.0000323 Buy Entry= 0.0000325 - 0.0000295 Take Profit= 0.0000454 | 0.0000596 | 0.0000705 Stop Loss= 0.0000215 Risk/Reward= 1:1.52 | 1:3.01 | 1:4.16 Expected Profit= +46.45% | +92.26% | +127.42% Possible Loss= -30.65% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 840h
Long
by TradingOn
Komodo main trendGreetings, weekly KMD coin chart, the main trend of the instrument is downward, a channel has been formed, the channel width is about 150%. Trading options within the channel: 1. from horizontal support around 300 to rebound, 2. when the price falls to the lower limit of the channel, look for the entry point when the trend channel support is confirmed. The whole last year the price was in the horizontal channel where the largest horizontal volumes passed, which will now act as resistance. Bitcoin dominance should also be taken into account; if it rises, altokines will only grow against the dollar. With a decrease in trading pairs to bitcoin, will again become relevant for the accumulation of bitcoin. This trading idea shows the general picture and the main trend of the instrument, for long-term trading or investment. If you are interested in local work, write about it in the comments, let's consider the daily timeframe. If you find the information useful, take a liking and sign up so that you don't miss anything.
by Kirill_Gaitan
[$KMD] Zoom Out and you will find it sexy really soon !Large accumulation phase , volume kicked it and may announced the end of this phase and the beginning of a new one : mark up phase Volume precedes price Let's see how it goes now . On a 3D view, Lagging Span did not confirm a real buy signal, however , a near twist is by there and may orientate the price up . Nice long term bag for sure ! New releases , announcement , partnership are going on with Komodo, you can have a eye on ! Trade Safe, Stay Safe, PEACE ! Nico Don Crypto
Long
by NicoDCrypto
Easy trade For KMD/BTCKMD is has just made contact with the trendline hovering near the bottom support. It is bouncing up and down, winding and may break out of its triangle. Since it is near support this can be a decent easy trade at least to the top of the triangle. Btc has also likely topped at this time. If it breaks downward, please ensure a stop loss is secured. KMD/usdt has been newly listed on binance within the past couple months and has not seen any major activity just yet. Based on the long term price charts from other exchanges it may fall 15% before launch Time (52 cents is strong support). Monitor all three carefully before deciding to enter a trade. Not financial advice.
by SunnyBha
3
THE RETURN TO GLORY!KMD has broken out of the (861 days) downward trend line and is currently testing support on the 4 hour chart. This thing has been coiling forever and an increase in volume has been occurring at KMD's bottom since October 2019. There is naturally some resistance points (red squares) but as momentum gets going I do not expect they will be to difficult to bust through (except for the ATH). What goes up must come down; the next year should be fun to watch. THIS IS NOT FINANCIAL ADVISE; Y'ALL ARE ADULTS! CRYPTO IS HIGHLY VOLATILE.
Long
by DuubDigital