$KMD Consolidating$KMD has an increase in volume recently. Bouncing between resistance and support. They're going to a blockchain festival in Vietnam this week but I don't see it as a big price driver. They also have a rebrand coming in the second half of 2018.
That being said, I think we continue to consolidate until a we get a catalyst. I doubt the triangle will play out fully but until money comes into the market we're probably just moving sideways. Good news is that the support shown is pretty solid near bottom support.
KMDBTC trade ideas
KMD - Ongoing Study(Private idea made public, linked below) KMD -1.23% is a phenomenal platform/ecosystem that is currently functioning. Currently, on the one day chart, our indicators suggest a change in momentum. The Williams R show that it broke above the 13 EMA and found support on top soon after. OBV shows to be hugging closely, or stitching the 13 EMA , with its current trajectory going up through the 13 EMA . Once the OBV finds support atop the 13 EMA and the Williams R stay above it as well, we might expect some significant upward movement. The most recent RSI low has only been surpassed one time, in March 2017, before the start of a very impressive rally. Price action is working to push its way up through the 13 EMA and would potentially push the 13 and 30 EMA much closer together, which would allow for the strong likelihood of a bullish crossover that would coincide with the other indications mentioned. All things considered, Komodo looks very strong from a TA and FA perspective. I expect huge things for this one in the near future. Thanks you all for reading, I hope this has added value to your current perspectives!
Best regards,
T. Savant
KMD NEW OUTLOOK WOWFinishing its 5 wave downward pattern, kmd is looking good. Firstly forming an inverted hammer candlestick suggesting a bullish reversal. On the other hand we also have the abc upwards correction pointing to even a short term reversal. I also expect a 5 wave impulse wave up after the candlestick.
The abc isnt really a target, just a rough draft.
Cheers and let me know what you think! Thank you! :)
KOMODO: NEW DEVELOPMENTS 24 HOURS = 42.15% PROFIT!!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of May 2018.
Using this buy in point and selling at today's peak price, you would have expected to net 42.15% PROFIT!!! IN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
March 8: Komodo announces first dICO with it's partner BlocNation.
March 16: Komodo announces that its Atomic Swaps cover 95% of All Coins in Existence.
March 27: Komodo Platform enters into a strategic partnership agreement with ValueNet Capital, a Chinese venture capital fund.
May 4: Komodo announces first batch of the swaps made with the web dICO app have been processed.
May 6: CryptoLark reviews Blocnation a token distributed on the Komodo Platform.
May 7: Komodo announces the World's first Atomic Swap between RLTYtoken (RLTY) and Komodo Platform (KMD) completed and added on BarterDex
May 9: Komodo Platform announces release of BarterDEX. It has added the following coins: $CIX $RLTY $PCL $GAME.
May 9: GameCredits (GAME) has officially been added to Komodo Platform's BarterDex.
May 10: Komodo announces that BarterDEX (their decentralised exchange) has hit 100,000 atomic swaps.
May 11: AltcoinBuzz (Youtube Personality) publicises Komodo Platform's use for ICOs and DICOs.
May 12: GameCredits ($GAME) has officially been added to BarterDEX.
May 12: Utrum Raises 12% of ICO Soft Cap in First 24 Hours using the BarterDEX.
May 12: Announcement of imminent release of HyperDEX which useses the underlying Komodo Platform BarterDEX protocol.
May 12: China announces that the Komodo Platform will be among 28 projects to be rated by China's new rating system.
Analysis reveals that a combination of these developments together a broader recovery in the broader cryptocurrency markets has led to increase in the price of Komodo.
Komodo Dragon Awakens From it's Slumber!Komodo, a valuation that has stayed in constant harmony with it's usd counterpart.
The BTC ratio has been on a steady growth since the launch of this coin.
An actual company with a longstanding history.
Targets are blue.
As always risk only what you are comfortable and good luck!
Komodo: Pending Bat Pattern With Great PotentialIt's been a while since price in Komodo has broken above the long term corrective structure after a massive impulse to the upside. We are in a bullish context at the moment although price is retracing to lower levels. If it will continue falling to the down, very soon we will have the completion of a bullish bat pattern which has great potential to the upside. In the chart I ve highlighted potential tp based on previous structure.
Pattern completes at 0.00032
Stoploss: Below X point at 0.00028
Tp: As discussed above
Komodo is a great project on its own and definately should be in any trader's portfolio :)
KMDBTCOur analyzes are based on the Elliotts theory to determine the main trend, the targets of waves based on Fibonacci, Resistance - Support Zone. Also, we use indicators like EWO, MACD, MA50, Ichimoku, BB to confirm the end and start of a trend.
4H: KMD is ending wave 2. It's going to wave 3 soon!
TRADE INSTRUCTIONS
Buy in: 0.0003715 - 0.0004029
Targets:
(1) 0.0006289
(2) 0.0006650
(3) 0.0007326
(4) 0.0007807
(5) 0.0008420
Stop loss: (Stop loss will be updated in detail when happening)
At present, we recommend that you sell in short-term to turn around the capital to another altcoin to maximize profits.
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