Kmdethereum
KMD/BTC (Potential double bottom?: up to 50% profit)KMD/BTC
KMD may have found support at previous swing low last Oct 2019 trading history.
If this is the potential double bottom and KMD manages to break the downward trendline resistance.
We could expect the price to go higher up to 900 sats and have our stop-loss below 515 sats.
Kmd/Eth Buying comes1D chart looks Good
decending chart pattern
Buying range 0.002100 to 0.002500
Sell when you in Good Profit
Good luck comment below what you think and share your ideas Thanks
There is a trading opportunity to buy in KMDETHTechnical analysis:
. KOMODO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004940 to 0.004190). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004940)
Ending of entry zone (0.004190)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.005660
TP2= @ 0.006200
TP3= @ 0.007140
TP4= @ 0.009770
TP5= @ 0.011890
TP6= @ 0.014000
TP7= @ 0.017000
TP8= Free
KMDBTC Latest Technical Analysis 110% target projection.You can see the Chart of NEOBTC on Weekly Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
A trading opportunity to buy in KMDETHTechnical analysis:
. KOMODO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004940 to 0.004070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004940)
Ending of entry zone (0.004070)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.005660
TP2= @ 0.006200
TP3= @ 0.007140
TP4= @ 0.009770
TP5= @ 0.011890
TP6= @ 0.014000
TP7= @ 0.017000
TP8= Free
A trading opportunity to buy in KMDETHTechnical analysis:
. KOMODO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004940 to 0.004070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004940)
Ending of entry zone (0.004070)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.005660
TP2= @ 0.006200
TP3= @ 0.007140
TP4= @ 0.009770
TP5= @ 0.011890
TP6= @ 0.014000
TP7= @ 0.017000
TP8= Free