KMD
Komodo (KMD) Inverse H&S 1D, buying on pullback! Upto 70% gainBINANCE:KMDBTC
BITTREX:KMDBTC
KMD finally seems to have found a bottom and formed a beautiful Inverse H&S.
RSI and MACD confirm the expectation of upwards move, both holding on the positive side and with a strong uptrend formed.
At the break of the Inverse H&S there was a large candle accompanied by a large volume confirming the strength of the movement.
20MA crossed up over 200MA and now both are pointed up.
Ichimoku is in a green cloud, Chikou is above the current price and Tenkan crossed up from Kijun.
I am making the first buy right now in the pullback and for protection of the position I will leave another buy order below.
In the next comment I will send the complete instructions for this call.
If you can please help me by hitting LIKE, GOD BLESS!
KMDBTC Latest Technical Analysis 110% target projection.You can see the Chart of NEOBTC on Weekly Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
Upcoming action?We may see some action in the following days Currently showing a structure that looks like a descending triangle but upcoming events turn me to think that this will break to the upside.
MACD bullcross and RSI rising, EMA50-100-200 almost all together #KMD
Targets both to the upside and downside are on the chart. The alert from the UCTS bring me to this chart since a buy signal is flashing time to time, that is one way that the tool can help you to filter noise from markets and check only that charts where something is happening
Long STRATIS ticks all the boxesLooking at Strat on a 1 day chart
MACD looking for form a nice bullish divergence (Not confirmed yet)
Willy is stupid and trying to form a W
In the buy zone between the 786 and 618
OBV healthy and formed a W
Volume picking up
Price sitting right on top of Below value
Would like to see it break the down ward trend line to confirm breakout
Double bottom in price
Just need some bulls to take over and drive this bus.
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
KMDBTC Breakout Is Imminent According to Tom Demark CountKMDBTC gave a green 2 on the daily chart and broke the daily MA20. This a clear buy signal according to Tom Demark Count. Stoch RSI is oversold on the daily.
Also there is a bull flag formation on the 1H chart.
Here is my trading idea:
Long at: 1865-1875
TP1: 1918 TP2: 1970
Stop loss: 1740
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Long first retest on $KMDBTCLooking for a long at around 1.8k on $KMDBTC.
I was originally look to enter at around 1.9k but after looking at the Daily chart it looks like 1.8k could provide a much better entry.
No need to rush it, id rather wait for a better setup than risking getting stopped out.
Patience is key.
Komodo ($KMD) Wyckoff Accumulation AnalysisHi friends! Welcome to Poop's Wyckoff Analysis on Komodo.
Ever since I learned about Wyckoff Method, I began to include it in my trend trading strategy for the simple reason that it is among the best tools a trend trade could use to spot bottoms and top formation. Today I'm showing you how it looks on $KMD Chart and hopefully aid you in your trading.
$KMD is on a slight variation Wyckoff Schematic -2, That looks like a broadening wedge bottom, specifically its already at its Phase D on Wyckoff Events and Phases.
It of began to show signs of forming accumulation on an broadening wedge bottom on Aug 22 last year specifically on the Secondary Test on wyckoff events after a correction from the point of Automatic Rally . This is the point where I began to follow its progress.
Currently, it is sitting at the Back UP or the Last Point of Supply after it has corrected from its recent top which was a Sign of Strength in the Wychoff Events. This point is coincides with the end of wave 2 (Elliot Wave Count) a buy opportunity to take advantage of the trend reversal which could potentially give us a 70% mark up . After this target it will likely have a correction that could likely bounce at a resistance turned support (Upper blue line). This will be our second buy opportunity that can give us a target of 65% move .
The entire projected move is around 150% from its current price level.
That's it friends, I looking forward for your comments on this analysis.
A definition of terms on the labels included in the chart is at the bottom, for your appreciation.
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Wychoff Poop Trader
Definition of Terms Included in the chart label:
PS—preliminary support , where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end.
SC—selling climax , the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests.
AR—automatic rally , which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR.
ST—secondary test , in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC.
Test— Large operators always test the market for supply throughout a TR and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume.
SOS —sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action.
LPS —last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term.
BU—”back-up” . This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level.
KMD - 73%+ Potential Profits! [FREE TRADING SIGNAL]Pair: KMD/BTC
Exchange: Binance
Trade Duration: Medium
Introduction
Komodo (KMD) began trending upwards moments prior to the beginning of December, showing strength throughout the move. Komodo is one of the top Cryptocurrencies with regards to the public development repositories.
Technical Analysis
- Good Volume
- SQZ Signalling Mid-Term Bullish Momentum
- Higher Highs/Higher Lows (LTF)
- MA Cross
- Limited Resistance
Fundamental Analysis
- Rebrand
- Good Tech
- Frequent Updates
Our Entry Zone
0.0001870 - 0.0001960
Our Targets
1: 0.0002360
2: 0.0003240+
Our Stop Loss: 0.0009600
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Have a great day,
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.