KMD BTC buy chance
Updated
s EMA 20-50-100-200 coming closer to each other, we'll probably see bullish crossovers. MACD is giving buy signals, also volume is rising with the price. I will buy from green zone, and yellow zones are my target prices. Also you can see flag formation at 4hour chart getting squeezed so probably it is better to see if it can break out. If not, as long as the price can stays above the resistence at fibo 0.236 (0.000434 BTC 3.35% ) until the RSI or Stoch show oversold it can reach the targets and may be go beyond them.
Comment
Price didn't make the break out so it is in our lower buy zone. I'm still waiting for it to leave the over-bought zone.
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.