Get started

KMD

KMDBTC - Kickflip to the Moon****This is not financial advice! So i was looking for some good charts to place a position seeming as the whole BTCUSD volatility certainly did its work on ALT's and i came across KMDBTC. This project has good fundamentals and better yet, a great chart setup! In this short term at least it looks to be forming at symmetrical triangle on the hourly. With that tied with the bullish MACD crossover that could occur, we could be in for some north-side action. Looking further afield in the 4hr chart, it appears to have bottomed, broken out, in addition with another bullish crossover on the MACD! There is resistance around the 4500 Satoshi range so this would be a good place to take some profit.
by JeskoTrading
[KMDBTC] Komodo chart analysis We have Komodo, a strong cryptocurrency project, for a long-term trade. Let's take a look at the chart, we will look at our signals for bottomed out altcoins: *Here we have the bullish divergence on the MFI . *MACD bullish crossover. *we have strong support-line in 0.0000696. ------------------------- ENTRY: 0.0000695 - 0.0000720 TARGET: (1) 0.0000865 (2) 0.0001100 (3) 0.0001364 (4) 0.0001735 (5) 0.0002263 (6) 0.0003500 (7) 0.0004585 STOP: Close weekly below 0.0000670. ------------------------- Visit my Telegram channel: t.me
Long
by atams
1
Komodo Price Analysis KMD / USD: Insufficient EnergyFundamental Analysis Komodo is starting to gain bullish momentum after the project released AtomicDEX v.0.1.6. The project has been successfully developing its decentralized exchange and currently accepts applications for the public-beta of its asset-agnostic atomic swap DEX. Komodo / USD Short-term price analysis Komodo has a bearish short-term bias, with the cryptocurrency still trading below its key 200-period moving average on the four-hour time frame. The four-hour time frame is showing that KMD / USD bears have invalidated a large inverted head and shoulders pattern. The cryptocurrency is vulnerable to further losses while trading below the invalidated pattern. Technical indicators are bullish on the four-hour time frame and continue to generate a buy signal. Pattern Watch Traders should note that an even larger inverted head and shoulders pattern could start to form on the four-hour time frame if the KMD / USD pair continues to rally. Relative Strength Index The RSI indicator has turned bullish on the four-hour time frame and continues to issue a buy signal. MACD Indicator The MACD indicator is bullish on the four-hour time frame and continues to generate a strong buy signal. Komodo / USD Medium-term price analysis Komodo has a bearish medium-term outlook, with the cryptocurrency still trading below its trend defining 200-day moving average. The daily time frame is showing that the KMD / USD pair is trading below key technical resistance. The recent decline has also failed to invalidate the huge inverted head and shoulders pattern on the daily time frame. Technical indicators across the daily time frame are attempting to move higher, although they remain technically bearish. KMD / USD Daily Chart by TradingView Pattern Watch Traders should note that the large inverted head and shoulders pattern on the daily time frame has huge upside potential. Relative Strength Index The RSI indicator is attempting to move higher on the daily time frame, although it is still trading below neutral. MACD Indicator The MACD indicator on the daily time is attempting to move higher, although it remains technically bearish. Conclusion Komodo is vulnerable to more short-term losses while trading below the invalidated inverted head and shoulders pattern on the four-hour time frame. The KMD / USD pair still warrants close monitoring over the medium-term, due to the huge bullish pattern on the daily time frame remaining valid.
BINANCE:KMDUSD
by CryptoBriefingTA
Komodo Prepares For Bullish Action, 187% to 710% Profits PotentiKomodo (KMDBTC) closed last week with a bullish Doji, which is marked with a purple circle. We can also notice from the chart above how KMDBTC touched the support level back from March 2017. We can also see that a strong bullish wave followed the bounce from this support. We can notice bullish divergence on the MACD, with strong hidden bullish divergence on the RSI. Important resistance levels (targets) are marked on the chart with grey and blue/orange dashed lines. Conditions for change: Komodo (KMDBTC) is highly bullish after last weekly candle close, but, if KMDBTC moves down and closes below 0.00009000, the above signals become invalidated and KMDBTC con continue going lower and test the next support. Anything above this level and we remain bullish. Thanks a lot for reading... Feel free to hit like to show your support. This is Alan Masters. Namaste. Previous Komodo (KMDBTC) analysis: ---------------- THIS IS NOT FINANCIAL ADVICE.
Long
by AlanSantana