Komodo - It's About to SurpriseTrade this coin on Binance instead of Bittrex.
Binance is less shady, more reliable, and fees are 0.05% if you use Binance coin. Bittrex fees are 0.25%. This is significant to your bottom line as a trader.
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I still haven't had a ton of time to do research on Komodo, but I've done some, and they're looking like they could be a long-term quality project to hold.
The atomic swap with Bitcoin Cash for the decentralized exchange is one of many they've done. Something in the range of 1,200 successful atomic swaps.
It's also a decentralized platform for ICOs outside of Ethereum, and that may prove itself to be a big deal in the future since Ethereum can't handle Crptokitties.
That being said, fundamentals are overrated when trading speculative coins. Fundamentals are important, but technicals outweigh all.
Fortunately we have technicals too.
Our last KMD call hit and we picked up an easy 4:1 risk-reward. Price action has since broken out of the downtrend line and stayed there.
Kumo twists green on the 12H after many, many weeks of red.
Price action should now re-test the all-time high and very likely break out.
New trade structure gives us a R:R of 4.75:1, and that's hard not to like.
Trade posts will likely come to Yours.org for this call and the ZCoin call I made last night later today.
ZCoin is already up +$15 from the time of posting. The limited time I had to do research on it last night made me think it may be a sleeping giant of privacy coins and I increased my position.
Happy trading. Let's enjoy the altcoin season while it lasts.
Hopefully it lasts for a long time,
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