There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis:
. Komodo/USDollar 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 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.284)
Ending of entry zone (1.159)
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 the 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= @ 1.583
TP2= @ 1.828
TP3= @ 2.280
TP4= @ 2.719
TP5= @ 3.545
TP6= @ 4.639
TP7= @ 5.887
TP8= @ 7.428
TP9= @ 7.428
TP10= @ 11.162
TP11= @ 13.957
TP12= Free
Komodo
There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis:
. Komodo/USDollar 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 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.284)
Ending of entry zone (1.159)
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 the 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= @ 1.583
TP2= @ 1.828
TP3= @ 2.280
TP4= @ 2.719
TP5= @ 3.545
TP6= @ 4.639
TP7= @ 5.887
TP8= @ 7.428
TP9= @ 7.428
TP10= @ 11.162
TP11= @ 13.957
TP12= Free
One of the Most aggressive PA on Alts out there.Hi guys, this is my view on Komodo. Recently the price action has started to show aggressive intentions heading north.
The volume is the biggest and most indicative element that this coin wants to go for a moonshot.
Other indicators are extremely bullish, with DMI showing an upside trend formation and ADX line supporting it strongly.
Considering potential rewards that await on this one, I would say the risk is relatively low.
The final confirmation that I am waiting on this one is the break and retest of the 22000 sat horizontal resistence.
Good luck,
AGON
Komodo (KMD) – What makes it great and different?Komodo is a blockchain platform for creating decentralized applications. Some call it a “Blockchain 3.0”, while Bitcoin considered 1.0 version and Ethereum is 2.0.
KMD is referred to as the next generation blockchain as its’ capabilities are far beyond of those offered by BTC and ETH.
Comparing to the Bitcoin, Komodo should be able to handle a lot more transactions and comparing to Ethereum, where tokens remain tied to the platform, it allows tokens to remain independently with their specific set of laws. This makes Komodo unique, as it offers a new way of freedom in the industry, freedom that has never been given previously.
At the time of writing KMD is trading at 18k satoshis, which is 15% higher than just a few days ago. It looks like price is reversing slowly and first indication of a potential trend reversal could be the very high volume over the past 3 days. Additionally, KMD/BTC rejected the 76.8% Fibonacci support level and RSI oscillator rejected the uptrend trendline after which broke above the downtrend trendline.
As the trend might be turning bullish, yet price has to start to produce higher highs and higher lows first, which is not the case now. In addition to that, Komodo is facing a strong resistance, formed between the 21k and 23k satoshis (23.6% Fibonacci levels).
When/if the resistance is broken, price might start exponential growth, reaching either 31k or 37k satoshis resistance level, that is 100% growth potential over the Bitcoin. However, while KMD remains below the 23k, more consolidation to be expected. And finally, daily break and close below the 14350 satoshis level will likely result in a drop towards the 10k psychological support.
To summarize, it could be a very early stage of the Komodo uptrend, although currently, price action does not completely support that assumption. Considering the fact of the increasing trade volume, more volatility yet to come, potentially resulting in a breakout.
Support:
1. 0.0001554
2. 0.0001435
3. 0.0001000
Resistance:
1. 0.0002086
2. 0.0002310
3. 0.0003140
4. 0.0003725
A trading opportunity to buy in KMDETHTechnical analysis:
. KOMODO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004940 to 0.004070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004940)
Ending of entry zone (0.004070)
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 the 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= @ 0.005660
TP2= @ 0.006200
TP3= @ 0.007140
TP4= @ 0.009770
TP5= @ 0.011890
TP6= @ 0.014000
TP7= @ 0.017000
TP8= Free
A trading opportunity to buy in KMDETHTechnical analysis:
. KOMODO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004940 to 0.004070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004940)
Ending of entry zone (0.004070)
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 the 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= @ 0.005660
TP2= @ 0.006200
TP3= @ 0.007140
TP4= @ 0.009770
TP5= @ 0.011890
TP6= @ 0.014000
TP7= @ 0.017000
TP8= Free
[KMDBTC] Komodo Before The Action [500% PP]Komodo (KMDBTC) is showing many of the signals that we have been spotting on the other altcoins charts. We have patterns and formations showing us that a huge down wave has been completed, and an up wave is on its way.
Komodo (KMD) by Alan Masters Trades
- We have a bullish crossover on the MACD.
- Indicators curving up. STOCH and RSI coming out of oversold with a reversal candle (Doji) when the lowest point was hit on 10th September.
- The daily candle show signals where KMDBTC is trying to breakout.
- Volume is yet to build up. Action yet to start.
- Great potential to catch the action before it starts.
- Available on both Binance and Bittrex to trade plus many other exchanges.
Trade instructions by Alan Masters Trades
Buy in: 0.000170 – 0.000183
Next support: 0.000153 – 0.000163
Note: “Next support” is equivalent to a second entry point.
Targets KMDBTC by Alan Masters:
(1) 0.000207
(2) 0.000224
(3) 0.000258
(4) 0.000280
(5) 0.000312
Stop loss: Close below 0.000144 on the weekly candle.
THE NEW JOURNEY STARTS
Engines ready, heart on top of my head.
The new journey starts, I am ready to launch ahead.
Clouds won’t stop me, I can even enjoy the rain.
Bring in the work…
I am ready…
My new journey starts today.
Namaste.
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 55.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000170 to 0.000156). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000170)
Ending of entry zone (0.000156)
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 the 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= @ 0.000188
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000329
TP5= @ 0.000415
TP6= @ 0.000523
TP7= @ 0.000643
TP8= @ 0.000880
TP9= 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 55.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000170 to 0.000156). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000170)
Ending of entry zone (0.000156)
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 the 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= @ 0.000188
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000329
TP5= @ 0.000415
TP6= @ 0.000523
TP7= @ 0.000643
TP8= @ 0.000880
TP9= Free
$KMD, 93% OFF…
Weekly
Looking at our trend timeframe we see price has formed a lower high at 19000, and is now looking for a lower low near our dynamic and horizontal support at 7000 satoshis. Stochastic RSI showing momentum remains in favor of bears with no signs of reversal.
Daily
Shifting over to or pattern timeframe we see price has found support at 15000, stochastic rsi showing momentum in favor of bears. A daily close above 16200 activates our trade, however if rejected at this level expect a sell off towards 12000 support. Expecting price to fall towards our historic lows at 7000.
Analytics KMD/BTCThis asset is characterized by very low liquidity, the daily turnover, on average, is 50 BTC. After the fall, which lasted from May to August, the historic minimum of 0.00017 was broken, after that the coin went into a sideways trend.
At the moment, a strong support level is 0.0001541. This asset shows that it descends after the market, but does not grow behind it. The rate can reach 0, 00024 if a stable upward trend will appear, and the price will break 0.00020. After this it is necessary to conduct additional analysis. In DOM we see that the coins are being purchased, but by single and large volumes relative to the daily turnover.
When investing, pay special attention to low liquidity and the potential for manipulation consequently.