KMDBTC
KMD/BTC 187% pure profit within few weeks and still active#KMD/BTC Profit Update:1
#KMD/BTC currently trading at 600 Satoshi and Went upto 800 Satoshi
Which is 187% pure profit from our entry zone.
Entry:- 290-300 Satoshi ✅
TP1:- 323 Satoshi ✅
TP2:- 541 Satoshi ✅
TP3:- 824 Satoshi ✅
Still waiting for more TPs.
Support:- 550-600 Satoshi
Resistance:- 824/1157/1522/2117 Satoshi
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Komodo $KMD rounded bottom ideaThis is $KMD against $BTC pair. On a zoom out to a 3-day chart what instantly caught my eye were the 2 underlying geometries. The first is a huge shaping of an RB (Rounded Bottom) with an ATH of 126,000 sats starting around the first days of January 2018. Almost 1200 days have passed since then and the current price oscillates around 6,320 sats. making it roughly a 500% drop in price. Within the structure of this shaping RB it is clear that on march 2018 another minor RB was shaped, as it did again on mid-arch 2019 and the smallest RB on the end of august 2020.
That last RB has closed and I'm now waiting to see any further development, be it a parabolic move upwards if able to break the descending upper trend line that starts on December 9th's lower low and ends where the price action is at ATM.
The depth of the RB yields almost 400% profit.
RB Patterns once closed at least go for a measured move equal to its depth.
Fatality📈There are never too many flags.
One more Flag formation on KMD/BTC.
There are two components of a flag:
1. Flag pole
2. Bull flag
The price multiple times bounced from support and resistance zones.
Possible price target zone is 0.0000530 USDT.
Follow the chart and look for the breakout carefully.
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KMD/BTC 35% profit update with week so what next.?#KMD/BTC Profit Update:-
#KMD/BTC currently trading at 383 Satoshi
And our entry was below 300 Satoshi
Entry: 290-300 Satoshi also filled
Now 30% up from our entry.
Hope you all are very happy.
Within week 30% profit.
Still many rooms for upward side as per chart.
This is just beginning.
Support:- 300 Satoshi
Resistance:- 541/841/1157/1522/2117 st
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KMD long on break of key resistance! Komodo (KMD) just broke and closed above a key resistance level that price has been testing since mid-February.
The buy volume at the lows has been very strong, indicating interest from buyers here.
Major resistance lies above in the mid 500's with a Chaos PRZ + Short Reload zone .702 sweet spot lining between 640-660 sats.
With BTC breaking down from range highs we'd expect a good chance that Altcoins outperform here in the mid-term, making a setup like this irresistible for the bulls!
KMD / BTC - Path to breakout of weekly resistanceKMD appears to be approaching a breakout of its weekly resistance. It made yet another attempt overnight and was rejected.
A strong bearish divergence provides confluence that we may see a move back down towards the bottom of its channel before we make another breakout attempt on weekly resistance (approx ~330-350)
Let's see what happens, this is one of the few relatively well-known alts that hasn't yet broken weekly resistance, and I believe it still has a good chance but may see a bit more consolidation prior to making a big move.
Targets are displayed on the chart, bottom and top of channel, and if and when we get a real breakout of the parallel uptrend here, we could see it go parabolic. This idea is invalidated if we fall below the channel and fail re-entering.
Short term - Short, bottom of channel
Long term - Long, top of channel, and/or much higher if we cleanly break above it
Thanks for your support, please comment and share any thoughts or ideas you may have as well, cheers!
KMD/BTC 750% potential from here so read this#KMD/BTC TA Update:-
#KMD currently trading at 315 Satoshi.
I forgot to post chart yesterday when it was 260 Satoshi.
But this is also good price.
Broke out resistance level.
Entry:- 300-320 Satoshi
Targets:-
TP1:- 541 Satoshi
TP2:- 841 Satoshi
TP3:- 1157 Satoshi
TP4:-1522 Satoshi
TP5:- 2117 Satoshi
And above 250 is good to accumulate #KMD/BTC
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KMD/BTC rather bullish 😂Absolutely love the Komodo Bitcoin pair's weekly chart.
KMD has been in a falling wedge since 2018 and might be ready to break out and go for a big run up.
TA
- Falling Wedge --> Bullish pattern
- Long term Bullish Divergences on OBV and MACD. More recently Willy and Stochastic joined the bullish div party. 🥳
- Risk to reward (0-ATH) 34:1 <-- that's huge.
- Both Stochastic and Willy are Oversold
And to top it all off there are W's everywhere.
So could you enter now? I'd say yes but just to be sure it's safe to split your investment into 3 parts. 1 part can be used to enter before breakout, 1 part at breakout and 1 part at retest of breakout.
I'm going Little Old Lady on this one so no need to set targets. I'll just be counting doubles.
The Little Old Lady Technique comes from Brian Beamish and goes as follows:
Here you take the average buy price and sell half of the asset every time it doubles.
So at 100% sell half, at 200 % sell half of what's left and so on!
Let's see how many doubles we can get from this pair.
Cheers,
W
KMD(KOMODO) good opportunityGreetings,
I have previously posted ideas with the main trend of the KMD coin, I recommend you get acquainted with it to start with.
At the moment, the trend is reversing and we can take another look at this coin. As it has a good chance to grow.
Many altcoins have formed a similar concave bottom or bowl formation, this one among them.
The price has already tested the 300 sat level (ascending triangle) 3 times. And the next time could be a true breakout.
Possible entry points for a trade
1. Breakdown of the triangle
2. pullback after breakdown
3. From the lower boundary of the triangle
4. from concave bottom support and lower channel (pink and green line).
Potential profit taking areas 550 Satoshi - breakout of the triangle and lower border of the channel
800 - completion of concave bottom formation and working out of the wedge
Further by resistance levels.
Always use stop loss, and do not use trading leverage greater than x3.
A trader should always have tomorrow.
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