KMD short Target !
Updated
Hello World !
The price of the initialization at Komodo is a retest of 40K following the decline witnessed in the previous sessions, noting that the SMA 50 is a strong negative pressure against the price, in conjunction with the stochastic reaching the levels of overbought now.
Therefore, these factors encourage us to continue with the bearishness in the coming period, noting that our next target is at 29K to 27K, while the breach of 40K will push the price to test the 45K to 50K level initially before any new attempt to decline.
The trading range for today is expected among the support at 27K to 29K and the resistance at 30K
The general trend for today is bearish
Best regards
The price of the initialization at Komodo is a retest of 40K following the decline witnessed in the previous sessions, noting that the SMA 50 is a strong negative pressure against the price, in conjunction with the stochastic reaching the levels of overbought now.
Therefore, these factors encourage us to continue with the bearishness in the coming period, noting that our next target is at 29K to 27K, while the breach of 40K will push the price to test the 45K to 50K level initially before any new attempt to decline.
The trading range for today is expected among the support at 27K to 29K and the resistance at 30K
The general trend for today is bearish
Best regards
Note
After Breakout 40K maybe can hit 62K fast !keep eyes at 35K
Good luck
Note
Atheros is trading below 35K, maintaining negative pressure so far, supported by SMA 50 which protects the intraday descending channel, as well as Stochastic moving within the overbought areas.Therefore, we are waiting for negative trading during the coming sessions provided that the price remains stable below 35K, noting that our next main target is at 27K.
The trading range for today is expected between 29K support and 30K resistance
The general trend for today is : bearish
Trade closed: target reached
Target Reached, i will make a new short target idea today ^^keep it up
Best regards
Trade closed: stop reached
Hello world, Komodo in Manipulation Scandal !!
Komodo team was stop desktop wallet working without any maintenance date or announcement, of course after big player move there kmd 0.41% to exchanges ;)
that effect many exchanges around this fatal error.
Bittrex and Binance wallet not working !
HitBtc and Upbit not working too !!
we can say the komodo is unprofessional project !
we saw big player pump and dump today in Binance and Bittrex with huge volume of trading and this is not normal at all !!
i advise any investor that never buy kmd 0.41% ,
i advise my self to sell and out from this manipulation game
everyone ==> stay safe komodo is manipulated
Good Luck ...
Best regards
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