Komodo / Bitcoin
Long
Updated

KMD-BTC Trade Idea

337
KMD seems to be forming ascending triangle on 4 hrs chart.

RSI is rising and needs to be breakout of the resistance line (dotted line)

MACD is rising steadily

SBS indicator signaled BUY

BUY at the close above the trend line (dotted line)

Target 1 is ascending triangle resistance breakout line. If breaks out with volume then Target 2 and 3 are achievable

SL is below the last support or Swing low.

Note
Target 1 hit
Note
Target 2 hit
Trade closed: target reached

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