KMD
Altcoin TOP 54 - KMD/BTC Altcoin TOP 54, capitalization $ 166 million
The indicators (RSI, AO) are a good bullish diver.
"ACUPULATION zone" on the chart is a favorable price range for recruiting positions.
For the next 3-4 weeks there are interesting events on a coin (in particular, the launch of the Antara framework on July 15).
FCAS rating in the region of 600 is a live project.
Immediate goals indicated on the chart. 0.0001400-1500 - good support.
Looks promising in the middle. You can consider buying at a small% of the deposit.
$KMD Sitting over support at ~17k sats with a double test $KMD Sitting over support at ~17k sats with a double test
Volume looks exhausted on the selling side
I'm waiting for some more confirmation (volume, start to break to the upside) to confirm a potential entry.
Taking a position with a tight SL is also valid.
#KMD
KMDUSD Massive Inverse Head & ShouldersCurrently in a rising channel and at the neckline of a 9+ month inverse head & shoulders . Right shoulder was a bounce off the $0.90 support and the 200-day moving average. A close above $1.55 would be the highest close since 04 Sep '18.
Current price: $1.48
Target: $2.50
Gain: ~69%
Innovative tech + flying under the radar = undervalued
Komodo Looking for a Breakout? ($KMD/$BTC)Looking at it from different perspectives here... From ATH and playing a downward trendline here with recent activity, shows a breakout north. Consequently, it has reached earlier support (now resistance) 12/2017. Whereas also other trendline from candle closes in 12/2017 would place us near the 99 EMA for resistance and better confirmation for me to know if this is heading north around 2100-2200 SAT level.
Komodo Hits Demand Zone: Double Bottom + Bullish DivergenceKomodo (KMDBTC) Chart Analysis
KMDBTC Long term chart:
Here we are looking at a double bottom on the long term weekly chart for Komodo (KMDBTC).
After this demand/support zone was hit last time, back in November 2018, KMDBTC went on a bullish wave that generated 190% profits. We believe that the next wave can be even bigger, we are looking at around 250% profits from the current price to resistance. Up to 720% in profits to ATH.
Bullish divergence on the MACD.
Increasing trading volume.
Let's take a closer look to see the different signals in the making (main chart above):
The bullish divergence on the above chart is marked with a purple arrow and is showing up on both the MACD and RSI.
Now trading above EMA10 (needs a close above it on the daily time frame for signal confirmation).
Komodo (KMDBTC) hit strong support (demand zone) and is very likely to produce a bullish wave within the next 1-3 weeks.
All details are shared on the chart.
Feel free to hit like to show your support.
This is not financial advice.
Namaste.
Komodo (KMD) | +65% PP | FREE TRADING SIGNALPair: KMD/BTC
Exchange: Huobi or Binance
Trade Duration: Medium
Risk: High
Signal Strength: Medium
Introduction
Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is developing technologies at the cutting-edge of the blockchain industry. In reality, most blockchain platforms today are but a single blockchain that offers support for smart contracts and decentralized applications. This model forces all projects to share the same infrastructure, leading to congestion, increased transactions fees, and stifled growth. Whereas other blockchain platforms employ a single, shared-blockchain model, Komodo’s federated multi-chain architecture provides each and every external project with independent infrastructure and a dedicated blockchain.
See attached chart for Technical & Fundamental Analysis
Our Entry Zone
0.0001405 - 0.0001519
Our Targets
1: 0.0001743
2: 0.0002014
3: 0.0002315
Our Stop Loss: 0.0001368
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Axsonex Team
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DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources: binanceinfo
$KMD - LONG - 1D - TRADE IDEAPROS
- Bullish divergence on the RSI Daily
- Currently holding Feb lows
- Price is squeezing in anticipation of a move
- Good R/R for this trade
CONS
- Sill has low volume at this level would like to see a spike in volume
Want to see it hold above its December lows to hold an accumulation and higher lowi if it closes under 1793 I will look to enter again lower
KMDBTC SignalKMDBTC has had a strong bullish engulfing candle off its December trend line and is oversold on the daily time frame. We set four targets up the length of its channel at key resistance points.
Buy:
0.0002128 - 0.0002165
Target 1: 0.0002291
Target 2: 0.0002604
Target 3: 0.0002840
Target 4: 0.0003160
Stoploss: 0.0001978