I'm just a beginner, I wanna try to share some idea more to be corrected really....
If you check the graph at 1h timeframe the cup and handle is pretty clear and I tried to draw the elliot waves that might be in the second wave phase (retracement) basing them on resistances and supports. Plus BTCD recently was swapped into KMD after they released the atomic swap, the coin price didn't rise much because of the BTC bull run. KMD is slowly rising, if BTC stays quiet in the next days the price of KMD can continue its rise.
If you check the graph at 1h timeframe the cup and handle is pretty clear and I tried to draw the elliot waves that might be in the second wave phase (retracement) basing them on resistances and supports. Plus BTCD recently was swapped into KMD after they released the atomic swap, the coin price didn't rise much because of the BTC bull run. KMD is slowly rising, if BTC stays quiet in the next days the price of KMD can continue its rise.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.