KMDBTC
$KMD/BTC 1D (Binance Spot) Descending channel breakout & retestKomodo time is coming, after such downtrend next move up will be massive in my opinion!
Current Price= 0.0000155
Buy Entry= 0.0000155 - 0.0000135
Take Profit= 0.0000238 | 0.0000308 | 0.0000361
Stop Loss= 0.0000361
Risk/Reward= 1:2.02 | 1:3.54 | 1:4.7
Expected Profit= +64.14% | +112.41% | +148.97%
Possible Loss= -31.72%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1080h
KMD/BTC 12h (Binance Spot) Descending channel breakoutKomodo broke bullish at last, first of the falling wedge then of the parallel channel.
And it just pulled back so I believe it's time to re-enter above 50MA!
Current Price= 0.0000323
Buy Entry= 0.0000325 - 0.0000295
Take Profit= 0.0000454 | 0.0000596 | 0.0000705
Stop Loss= 0.0000215
Risk/Reward= 1:1.52 | 1:3.01 | 1:4.16
Expected Profit= +46.45% | +92.26% | +127.42%
Possible Loss= -30.65%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 840h
KMD/BTCVery similar idea to my STEEM/BTC chart.
Trading at the bottom of the channel, may take some time, cut if it breaks and closes below the channel. Otherwise this could move up to 800 sat area. There might be better opportunities with trending coins, but if you want to buy low and wait, this is where you do it.
Komodo main trendGreetings,
weekly KMD coin chart, the main trend of the instrument is downward, a channel has been formed, the channel width is about 150%.
Trading options within the channel: 1. from horizontal support around 300 to rebound, 2. when the price falls to the lower limit of the channel, look for the entry point when the trend channel support is confirmed. The whole last year the price was in the horizontal channel where the largest horizontal volumes passed, which will now act as resistance.
Bitcoin dominance should also be taken into account; if it rises, altokines will only grow against the dollar. With a decrease in trading pairs to bitcoin, will again become relevant for the accumulation of bitcoin.
This trading idea shows the general picture and the main trend of the instrument, for long-term trading or investment. If you are interested in local work, write about it in the comments, let's consider the daily timeframe.
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LONG POSION KMD_BTC Weekly TF:
Bullish diversion with stoc/cci/rsi/macd
Bullish hidden diversion with AD/mfi/obv
8D------------------------------------------------
Daily TF :
Bullish diversion with stoc/rsi/macd
Bullish hidden diversion with cci/AD
8D------------------------------------------------
All Time Low = 0.0000442 // ACCumulation phase
8D------------------------------------------------
fundamental news for ATOMICDEX on 29 OCTOBR
KMD/BTC potential in sideways================ BINANCE:KMDBTC ================
KMD BTC in side ways
1.hold in major support now
2. RSI DIVERGENCE
target in chart
potential Long maybe in midterm until longterm
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Trading Involves High Risk
this is Not Financial Advice
Please use Risk Management
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KMD/BTC It has good growth potentialHi
Kindly like the ideas if it is helping you and leave a comment
no need to say something , chart is speaking it self .
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
This is not financial advice.
Remember to do your own research and build your own plan before you trade
Thank you for seeing idea . please support us
Good luck.
KMDBTC still looking for 400% + target#KMDBTC on the last 2 calls we booked at list 40% profit! now its time again to collect more KMD.
KMD is one of the few ones which can move 500% to the upside from here on til december. price has just broken out of
the downtrend, breaking above 200EMA, going back above ichimoku cloud and is heading to the strong resistance area
of 900-950sts and 1250-1300sts zones. once we clear out this area i expect Push like STARTBTC did. same pattern.
Entry between 720-750
Target on the chart.
⛔️ SL : 650