Komodo Trade Idea 25 January 2018Komodo. Interesting project. Doing some great things and not even marketing it that much.
What do we see on this log scale chart?
Nice movements since last year. Incredible run up. MACD seems to be on a bottom and about to make a positive cross within the next week --> this might indicate we'll break out upwards on the KMD/BTC chart.
200 EMA coming in as extra support as well. RSI coming out of a downtrend, support of this trendline will be in sight pretty soon. Only thing which is lacking is the volume. It did bounce on the horizontal line also, which was resistance earlier and caused the big run up.
Around the support line is a great buy for me, also bullish on this project for long term. So if we break out of this bullflag (or bearish pattern), then we'll see the green box as possible target zone. Target zone is around $30 within 3-4 months.
KMD
$KMD is criminally undervalued...broke descending triangle$KMD has more value to it than most coins out there with Privacy, Barterdex, Jumblr and more on the way...TA shows we broke the descending triangle to the upside and bounced off the old resistance as new support...2018 should be massive for Komodo!
KMD / BTC Binance very bullish - good profits aheadHello my friends, here is a new signal to buy, KMD has a very bullish trend for today and tomorrow, so enjoy.
BUY IN: 0.00056000 - 0.00057000
TARGETS:
1: 0.000609
2: 0.000638
3: 0.000670
4: 0.000703
5: 0.000742
KMD Cup&Handle pattern 30 min BittrexWe detected Cup and Handle pattern, volume is also rising, demand is higher than supply.
Safe buy price is around 0.000575
Next targets will be
0.000598
0.000635
Stop loss: below 0.000550
$KMD #Komodo - Taking this for a short term bull swingIm going to take KMD for a spin right here for the following reasons.
1. Daily triangle popped to the upside.
2. Daily cloud support with triple bottom.
3. Daily bull fractal
4. Daily MACD bullish cross coming
5. Daily upward OBV trend commencing
1. Hourly bottoming out at the SMA (median)
2. Hourly bull fractal
3. Hourly upward trend in BBWidth
4. Hourly change in squeeze momentum incoming
Going to look to hold for a few days and set my limit sell for around 70000 sats for a swing trade. Setting Stop around 55000 sats.
KMD breaking out of falling wedge.Komodo breaking out of falling wedge, MACD about to cross. It is ready to make its run!
KMD Narrowly Escapes Short-BearKMD recently had a TK cross that created a bullish opportunity leading up to the right circle.
The right circle indicated a "K over T" Cross that DIDN'T happen, therefore, no bearish moments for at least a few hours. The volume indicator shows a large uptick recently.
We'll see where it goes from here, I'm suspecting down since the RSI indicates that its at its upper threshold (double topped).
KMD - Buy OpportunityKomodo broke out of its downtrend and my targets are the highlighted fibonnaci levels!
KMD receiving dark forces!Did i hear coin swap? BTCD (bitcoindark) will be swapped for KMD lets fly...
Komodo showing bullish falling wedge. Looking great!Komodo showing falling wedge pattern. Needs more volume to explode.
RSI showing oversold, time to take position again.
KMD bull flag on 1 day chartAdding another chart to my first few charts on a TA. This one is a bull flag confirmation on 1 day chart for KMD. Let's see how this plays out.
KMD FALLING WEDGE 4HR CHARTFirst time publishing a chart, for my own reference only. Charted a basic descending wedge on 4hr chart. Curious to see if drawing wedges correctly or need to adjust strategy.
KMD 4 HOUR BULLISH CONTINUATIONKMD is on a bullish continuation. Los Angeles 4:42 AM.
KMD is consolidating for a break to the upside.
$KMD.X H4 Technical AnalysisBUY at 0.00061498 with TP 1 - 0.0008 BTC and TP 2 - 0.00098 BTC #Komodo $KMDBTC
$KMD.X D1 Technical AnalysisWaiting for D1 price (CLOSE) breakout at 0.00078503 BTC, then Target 0.0013 #kmdbtc $kmdbtc
KMDBTC ThoughtsAs i'm sure you've noticed, all "fundamentals" as we know it has left the station for the crypto markets. Technical analysis coupled with information that pump the markets is now the "fundamentals". It is truly the wild west.
Good luck and happy trading everyone.
Late entry into Komodo - Approx 60% discountSorry I've been busy team as per twitter, been creating an alt tracking spreadsheet.
Don't know too much about this coin so keep stop close, suggest 4500-4600ish range. MacD, RSI, storch RSI overlay and even ADX all looking good for a rebound.
Only thing to be wary of is relatively low volume.
Komodo Uptrend To ContinueFollowing the previous idea on Komodo , it has reached the upside target at $7 and broke higher reaching the $14.4 high. The corrective wave down followed while price rejected the support 727.2% Fibonacci, that is $7.1.
Currently, it seems that the uptrend is likely to continue to test next Fibonacci resistance level at $1727.2% retracement level, that is $14.7. While the support is holding, uptrend should remain valid pushing Komodo to new all-time highs. Break and close below could invalidate bullish outlook.
Komodo Consolidating and soon Moving UPWARDSLove the fundamentals of Komodo.
Bounding between strong support and strong resistance.
My guess is it breaks out of this triangle and creates a whole new leg and wave up.
If you spot the break out of the triangle with a strong green bar and strong volume...BUY!
