KMD/BTC could be pushing higher soon#KMD / BTC ( Binance )
Buy Range : 0.0000708
Stop Loss : Daily close candle below 0.0000660
Target 1 : 0.0000890
Target 2 : 0.0001100-1250 area
After almost a year of consolidation, many of the altcoins are starting to outperform Bitcoin.
We have already seen how ADA, DOGE or LUMEN among many others have provided many benefits.
I think Komodo is a currency that has historically increased its price very well in periods when altcoins have dominated
In the technical section, the price action has resisted the support of 500 sats. Now it appears to be forming an ascending triangle pattern.
The first logical objective to take profit is resistance that has already been tested several times. From there, we could see how it reaches the next FIBO point after testing the support if this coin is able to maintain strong pressure.
As for the technical indicators and the price, just to say that they are Bullish in all the timeframes, and that there should be no major problems while the price holds the support.
Good luck !
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KMDBTC trade ideas
Consolidation period is over for KMDHello, traders.
KMD/BTC seems to finish the consolidation period. This movement is a sideways trend on the daily chart. Between these two important support and resistance points, it is a no trend zone, but after yesterday's movement, we believe the price is heading up to test the next important resistance level on the uptrend direction.
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Komodo buy pointHello Traders,
KOMODO seems that is going to test the important support level of 0.0000540.
That is a great place to go long in this asset, we must watch the price behavior on this support test
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KMD\BTCThe red line that has been drawn and the price is fluctuating slightly above that, the trend will be clear soon, and if the red line and support is broken, there will be a sharp drop. Also, if the specified circle is preserved in red, the shareholders' patience will increase.
The average one hundred days is ready to change the price.
Shopping time: marked red circle
Sales: 990 - 1130
KMD/BTCKMD/BTC broke a 3 years bearish trendline, and now is retesting it.
Horizontal Resistance already tested 3 times.
Volumes supporting this microuptrend, and an entry here is reasonable as a risk/reward proportion.
Just pay attention to the resistances in black.
TP for short/medium/long term are in red.
Good luck!
KMDBTC | ANALYSIS
KMDBTC (Komodo) has been in accumulation since the breakout of the triangle shown in the chart.
If you look closely It seems to be forming a cup and handle pattern right now, implying a bullish future for the coin.
The Stoch RSI bottomed out on the daily and might reverse any moment which is again only adding to the bullishness of Komodo Coin.
KMD/BTC booked 51% Profit and now time to Re entry#KMD/BTC TA Update:-
After Booked 51% Profit from #KMD now again i am trying to Buy as re entry.
Good Re entry would be 650-730 Satoshi.
Re entry:-650-730 Satoshi
I am still Bullish on #KMDBTC
Support:- 650/550 Satoshi
Resistance:- 1159/2111/2754 Satoshi
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$KMD, Crossed and now retesting ~8500 sats resistance$KMD
Crossed and now retesting ~8500 sats resistance level w/ increasing volume..
UCTS showing buy signals across all timeframes..
Willing to see a potential bounce/ R/S as signal of continuation to the upside...
If happens, then 10/12k as targets
#KMD
KMD/BTC 50% profit within few days still more rooms for Upward KMD / BTC 50% Profit TA Overview:
#KMDBTC now 50% up from our Entry. and now current price is 900 satoshi.
Our 1st Entry was 570-610 Satoshi.
2nd Entry: 670-710 Satoshi
both entry now in profit guys.
Support: 750/650/560 Satoshi
Resistance: 750 ( broke out) /1350/2210/2820/4400 Satoshi
** ( value in 0.0000560 BTC )
According to TA still Looks Very Good.
Guys you can take profit in short term because if dump or retracement then you never regret.
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