KMDBTC
KMD buy opportunity - LongKMD has strong fundamentals and is considered as a long-term investment. The previous drop got the price to the support line 26000 sats, which is a good entry point.
Price is getting closer to the end of the flag and is rather unlikely that the price will further drop.
ADX DI gives at the 1h a bullish signal. Yet the volume is missing. MACD is also sending some bullish signal.
If the first target at 28900 breaks further upward trend to the second target is expected.
First target is 28900 sats
Second target is 39000 sats
Third target is 55246 sats
Good luck!
Disclaimer: I'm new to TA and try to contribute some thoughts. I appreciate any feedback very much in order to learn from your experience.
KMDBTC2 Scenarios playing out. One to the upside, one to the downside. Cloud showing future bullishness however further confirmation needed ie. Lagging span to appear above cloud. TK cross over.
Break of the floor means we'll likely see price plunge. I think this will be unlikely. Healthy community backing, minimal shills (with exception of a couple on twitter), pretty low key project, Barter Dex - Overall strong fundamentals.
KMD/BTCSqueezing in the accumulation zone, I expect a great movement.
The movement can be in both directions up & down. But in my opinion
the volume is increasing with the price. Therefore, in my opinion that
tested support line will help KMD to test the upper-primary trend line
one more time.
My middle term target is: 63k sats range
Komodo buyVery promising coin.
1. at the level of 0.00029 we see strong support.
2. The highlighted candles represent the "tweezers" pattern after which the turn must follow.
3. The price is in the lower area of the Bollinger bands. the price can jump up sharply
4. The RSI is below 50 and is directed upward, and the stochastic RSI is in the oversold zone and made the cross up.
Relying on this, I expect growth.
Purchase 0.000295
stop-loss 0.00025
target 0.00036-0.00050 (blue lines)
Fix profit in parts
KMDBTC Symmetrical TriangleKMDBTC looks like it's in a symmetrical triangle.
I used lines to mark impulse & correction waves so that you can see price action pattern easily.
Consolidation zones highlighted by white box.
Watch MACD for upward movement.
Watch RSI for upward movement.
This trade seems like it has favorable Risk:Reward and therefore, I will be putting it on my watchlist & setting alerts.
Just be very careful and use stop-losses no lower than slightly below the symmetrical triangle bottom line, as these are known to have aggressive bearish breakouts.
Let's hope that's not the case & see how it plays out.
KMDBTC - If $2.80-.90s hold then it will go back up towards ATH$4.00 expected if it breaks resistance and then anything past that price is open for conversation