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KMD

KOMODO MAJOR LEVELS & TARGETS!!Cryptocurrency has suffered a large decrease over the past day or so due to the bad market news. Most of the time we always see our self back in the bull market within the same week or so. Therefore, everything should regain strength as FUD settles unless more bad news gets released. Follow the Support and resistance shown on the graph, Komodo is expected to break out soon unless we fall through the support which is unlikely. However, since markets have been pretty rough lately always set your stop losses. Since this seems strong, I currently have mind approx 8% - 10% of the price I bought at.
Long
by thomasfar6
BIG announcement: Komodo + Monaize partnership TodayToday #KMD finally announced their BIG announcement. Partnership with Monaize www.monaize.com keep an eye on the price. It broke the support zone and could have a bigger pull back before another rise up. Disclaimer The information is not intended as and does not constitute investment advice to any person. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or crypto. There are inherent risks in relying on, using or retrieving any information found here, and I urges you to make sure you understand these risks before relying on, using or retrieving any information on my posts. You should evaluate the information, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, other information. If you find this it useful, appreciate if you donate your BTC to 18Juo1Wn6ydx5U9wExNUMzruYZFATjT2Db
by Piraiee
KMD/BTC Trade IdeaAfter pumping really well, Komodo has retraced and started to accumulate again. With little historical data, TA is quite difficult, and can not always be relied on. But we can only work with what we have. The price is approaching a solid support line, which has been successfully tested a few time making it quite reliable. As for the Fib levels, we can see that the 0.5 level (~0.00050, not sure why the level numbers aren't there) has been consistently used, so we can expect to see some resistance there. I'm hoping we see a major pump off the support line, so it's looking like we may get some more accumulation for the next few days as it gets closer to the support line. Expecting this to be the first wave of an elliot wave cycle so if it does turn out to be, I'll update the thread once we have more information as it is quite hard to predict a price from just one leg Set stop just under the support line, so around 0.000260 As for entry price I fell now is a good time to enter. If you zoom into the 1H chart you can see the price is in a ranging bullish channel, so if you are after an exact time to enter I would say once it has broken the resistance line of the channel
Long
by blakeren