Kmdusd
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.
Pacience Time for KomodoHello Traders,
KMD/BTC dont have a profit/loss factor trading,
For us to enter a position we always have one stop loss value, and for that our target have to be at least twice as much as our stop value, that mean for us we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For atom we can see that we can that the price just reverted on important support, but now is close to the long term resistance line, now is time to do nothing and watch the price testing theses two levels.
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Best regards, Sandro and Gustavo
#KOMODO | Breakout Soon Entry : 0.0000715 - 0.0000675 - 0.0000621
Target 1 : 0.0000803
Target 2 : 0.0000908
Target 3 : 0.0001015
Target 4 : 0.0001214
Target 5 : 0.0001600
Stop loss : 0.0000519
Risk/Reward : 24%/150%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
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KMDUSD Massive Inverse Head & ShouldersCurrently in a rising channel and at the neckline of a 9+ month inverse head & shoulders . Right shoulder was a bounce off the $0.90 support and the 200-day moving average. A close above $1.55 would be the highest close since 04 Sep '18.
Current price: $1.48
Target: $2.50
Gain: ~69%
Innovative tech + flying under the radar = undervalued
[KMD/BTC] REVERSAL COULD START HERE [100-200% POTENTIAL PROFIT]#KMD / BTC ( Binance, Bittrex )
Buy Range : 0.00017-18
Stop Loss : Not recommend
Target 1 : 0.000286
Target 2 : 0.00037
Target 3 : 0.00049
WEEKLY CHART
- RSI near oversold zone ( Positive )
- MACD turning from very negative zone to negative ( positive )
- Downtrend trendline not broken yet ( Negative )
- Moving averages above candle ( negative )
DAILY CHART
- RSI has turned from downtrend pattern to uptrend ( positive )
- If daily candle closes above EMA20 it will be a good signal ( positive )
- Double bottom spotted at 15.7k sats ( positive )
- MACD showing some good action ( Positive )
- Ichimoku cloud still above candles ( negative )
- Main descending trendline remains ( negative )
4H CHART
- EMA20 and MA50 crossed and below candles ( positive )
- MA200 has been broken and retested giving some support for now ( positive )
- Ichimoku cloud has been broken and candles stay above it ( positive )
- RSI shows overbought acton , which need to reset before continue up ( neutral )
CONCLUSION
KMD is a very nice coin which got lot of potential.
On the short timeframes its looking good as other altcoins. It can be bought on pullbacks or when trendline get broken and retested if you want a safe entry.
I think this coin could reach higher positions if market turns to bull, so, i wil be updating as other ones if we reach our targets.
Good luck
Komodo-KMD/USD AnalysisKomodo came out from the Zecash platform which came forth from the bitcoin network with major focus on providing standard privacy and a better security of a decentralised network.
Komodo coin has seen a recent surge in USD with 100%+ in the month of February 2019.It is one of the most promising cryptocurrencies 2019.
Bullish Case:
Komodo pair has seen a significant growth of more than 100%+ in terms of USD.It has broken the Long term down-trend line(red dotted) with significant buying volume.It signifies an early signs of more upside potential as it seems to have come-out of Bears controls for short to mid-term period.It has broken 200D-SMAs(Simple Moving Average) and ichimoku cloud.
If the support level near $0.7-$0.8 is held then three resistance level could be tested in the coming days/weeks.
Simply put, if someone's needs to buy this asset then $0.7-$0.8 are levels to watch for 50+%, with tight stop-loss around $0.5.
Bearish Case:
If the preliminary support around $0.6 is broken down then last line of defence would be $0.4 price level, breaking that would be strongly bearish(sell signal) for the asset.
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
KMDBTC Breakout Is Imminent According to Tom Demark CountKMDBTC gave a green 2 on the daily chart and broke the daily MA20. This a clear buy signal according to Tom Demark Count. Stoch RSI is oversold on the daily.
Also there is a bull flag formation on the 1H chart.
Here is my trading idea:
Long at: 1865-1875
TP1: 1918 TP2: 1970
Stop loss: 1740
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis:
. Komodo/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.284)
Ending of entry zone (1.159)
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= @ 1.583
TP2= @ 1.828
TP3= @ 2.280
TP4= @ 2.719
TP5= @ 3.545
TP6= @ 4.639
TP7= @ 5.887
TP8= @ 7.428
TP9= @ 7.428
TP10= @ 11.162
TP11= @ 13.957
TP12= Free
There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis:
. Komodo/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.284)
Ending of entry zone (1.159)
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= @ 1.583
TP2= @ 1.828
TP3= @ 2.280
TP4= @ 2.719
TP5= @ 3.545
TP6= @ 4.639
TP7= @ 5.887
TP8= @ 7.428
TP9= @ 7.428
TP10= @ 11.162
TP11= @ 13.957
TP12= Free