Kmdusd
Komodo is also a bargain buy right now, 200-300%?Hello people,
As already explained in the BTC post on TradingView, I'm assuming that the G20 event is going to trigger another run on the fields for the altcoins and the whole crypto market. Why? We've seen a huge run up with the futures earlier (BTC 20k). The scenario is called: buy the rumour, sell the news. Currently we see a huge dump going in to a significant big event for the market (and a small dump after): sell the rumor, buy the news.
Right now one of my favourites: Komodo.
Against BTC it's approaching a very important support zone (posted on Twitter). On USD the same applies here. Depression phase with strong falling wedge and in the last drops some more falling wedges created + support area in USD from the rally before the rally initially started.
Also. This is against USD. If you assume that Komodo is going towards $4 from here, without moving in BTC value, then BTC has to go to $22.300 from here, unlikely, right?
Indicators:
WAN/USD:
1 Day: Strong bullish divergences on RSI, Stoch, MACD and histogram.
2 Days: Very strong on the 2 days as well.
3 Days: Bullish divergences everywhere too.
4 Days: Bullish divergences Histo, Stoch, MACD and RSI.
5 Days: Histo bullish divergence, MACD postivie cross. Stoch bottomed out.
1 Week: Same as on 5 Days.
Same conclusion on KMD/BTC. 3 Days RSI no bullish divergences, but turning here in the next few days creates one on the Stoch. RSI on 3D is <20.
Concluding from here we can combine the two charts and state that not only BTC is moving upwards, but the altcoins will follow in the next few weeks.
Main target zone for the disbelief phase for me is first around $3,50-4,00.
Komodo is also a bargain buy right now, 200-300%? Hello people,
As already explained in the BTC post on TradingView, I'm assuming that the G20 event is going to trigger another run on the fields for the altcoins and the whole crypto market. Why? We've seen a huge run up with the futures earlier (BTC 20k). The scenario is called: buy the rumour, sell the news. Currently we see a huge dump going in to a significant big event for the market (and a small dump after): sell the rumor, buy the news.
Right now one of my favourites: Komodo.
Against BTC it's approaching a very important support zone (posted on Twitter). On USD the same applies here. Depression phase with strong falling wedge and in the last drops some more falling wedges created + support area in USD from the rally before the rally initially started.
Also. This is against USD. If you assume that Komodo is going towards $4 from here, without moving in BTC value, then BTC has to go to $22.300 from here, unlikely, right?
Indicators:
WAN/USD:
1 Day: Strong bullish divergences on RSI, Stoch, MACD and histogram.
2 Days: Very strong on the 2 days as well.
3 Days: Bullish divergences everywhere too.
4 Days: Bullish divergences Histo, Stoch, MACD and RSI.
5 Days: Histo bullish divergence, MACD postivie cross. Stoch bottomed out.
1 Week: Same as on 5 Days.
Same conclusion on KMD/BTC. 3 Days RSI no bullish divergences, but turning here in the next few days creates one on the Stoch. RSI on 3D is <20.
Concluding from here we can combine the two charts and state that not only BTC is moving upwards, but the altcoins will follow in the next few weeks.
Main target zone for the disbelief phase for me is first around $3,50-4,00.
Komodo found the bottom?!?Chart should speak by itself. But in case it doesn't, you can see the yellow circles mark what was once the resistance, which is now a strong support. The more an area of resistance/support is tested the stronger it is. It happen to be the Fibo 0.786, what a coincidence!!! For a long term investment, we can be pretty sure this a really good accumulation zone!!! That's for the TA, now here you that is for those that like FA : glx.co
Not financial advise bla bla ...
TRADE SAFE!!!
KMDBTCOur analyzes are based on the Elliotts theory to determine the main trend, the targets of waves based on Fibonacci, Resistance - Support Zone. Also, we use indicators like EWO, MACD, MA50, Ichimoku, BB to confirm the end and start of a trend.
4H: KMD is ending wave 2. It's going to wave 3 soon!
TRADE INSTRUCTIONS
Buy in: 0.0003715 - 0.0004029
Targets:
(1) 0.0006289
(2) 0.0006650
(3) 0.0007326
(4) 0.0007807
(5) 0.0008420
Stop loss: (Stop loss will be updated in detail when happening)
At present, we recommend that you sell in short-term to turn around the capital to another altcoin to maximize profits.
If you find our post useful, please give us a BIG LIKE Your support will be a great motivation for us to update chart every day! If you have any opinion about this chart, don’t hesitate to comment below! The discussion will make us better! Thank you, guys!
There is possibility for the beginning of uptrend in KOMODO/USDTechnical analysis:
KOMODO/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 38.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (2.11 to 1.55), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.11)
Ending of entry zone (1.55)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 3.38
TP2= @ 5.02
TP3= @ 5.97
TP4= @ 7.20
TP5= @ 8.61
TP6= Free
KMDUSD , weekly update:Total profit 539422095 in 16 days.!KOMODO/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (2.11 to 1.55), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.11)
Ending of entry zone (1.55)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 2.65577905(day close price) based on the reversal candle (Trough) & (the Bullish Exit in Daily RSI ) at 04.02.2018.
Total Profit: 539422095
Closed trade(s): 72422095 Profit
Open trade(s): 467000000 Profit
Closed Profit:
TP1 @ 3.38 touched at 04.12.2018 with 72422095 Profit.
Open Profit:
Profit for one trade is 3.58977905(current price) - 2.65577905(open price) = 93400000
5 trade(s) still open, therefore total profit for open trade(s) is 93400000 x 5 = 467000000
All SLs moved to Break-even point.
Take Profits:
TP2= @ 5.02
TP3= @ 5.97
TP4= @ 7.20
TP5= @ 8.61
TP6= Free
Technical analysis:
Komodo/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 61.
Komodo could be $35 Next year ! +1200% EasyHello World,
Komodo platform keep updating Road-map with hard work inside SuperNet !
We can't hide that KMD Team won't support the price of KMD behind exchanges ! that why many small groups try to control the KMD price !!
But we believe that Hard work will keep Komodo move like Dopamine in crypto world ^^'
Technically Komodo is Falling now ! But Truthfully Komodo is bullish now ;)
We expect +1200% from now to next year Naturally ^^'
Holders , Please keep that in your mind next year we expect KMD price to 35$ or 40$ Naturally and without any support or pump ^^'
New investors , Please Join us, Hard work inside this Project ^^'
Komodo Team , Please don't give up ^^'
Best regards.
Komodo could be 180K Satoshis by end of the year ! +500% EasyHello World,
Komodo platform keep updating Road-map with hard work inside SuperNet !
We can't hide that Komodo Team won't support the price of Komodo behind exchanges ! that why many small groups try to control the Komodo price !!
But we believe that Hard work will keep Komodo move like Dopamine in crypto world ^^'
Technically Komodo is Falling now ! But Truthfully Komodo is bullish now ;)
We expect +500% from now to end of this year Naturally ^^'
Holders , Please keep that in your mind next year we expect Komodo price to 180K Sat or 220K Sat Naturally and without any support or pump ^^'
New investors , Please Join us, Hard work inside this Project ^^'
Komodo Team , Please don't give up ^^'
Best regards.
KMD short Target !Hello World !
The price of the initialization at Komodo is a retest of 40K following the decline witnessed in the previous sessions, noting that the SMA 50 is a strong negative pressure against the price, in conjunction with the stochastic reaching the levels of overbought now.
Therefore, these factors encourage us to continue with the bearishness in the coming period, noting that our next target is at 29K to 27K, while the breach of 40K will push the price to test the 45K to 50K level initially before any new attempt to decline.
The trading range for today is expected among the support at 27K to 29K and the resistance at 30K
The general trend for today is bearish
Best regards
KMDBTC - KomodoStill some consolidation on BTC pair, but likely to break up in future.
Komodo, a completely new protocol.
Beats competition in several markets and is the front leader in new and upcoming technology.
-First decentralized exchange working with both atomic and etomic swaps.
-First decentralized ICO ever occurring on the 10th of April.
-Strong privacy coin
-Could potentially process 100s of thousands of transactions per second
komodoplatform.com
Follow Marc de Koning on Twitter, he will be doing some updates on this - @koning_marc
Good luck trading!
KMD THE SLEEPING GIANT Breakout confirmed + Bitcoin Hush AIRDROPKOMODO will likely emerge as one of the most liquid privacy coins in 2018, and I would suggest anybody to look into the huge potential it has for this year! They have an open-source project that is making waves in the blockchain technology. Leading 1st place with over 30,000 Atomic Swaps, its BarterDEX technology hopes to create a decentralized exchange (DEX) for Bitcoin, bitcoin-protocol, as well as other SPV Electrum-based coins. Not only this, but it utilizes something called JUMLR which is an anonymizer that allows individuals to mask their trades. More recently, Komodo has got an Airdrop coming up with Bitcoin Hush and some planned further announcements coming up like a New Website Launch. I'm sure more marketing will get pushed as they go LIVE and attract more investors into their community. As we seen in December, this coin can rally fast so lets check out what it offers.
TA - On the DAILY:
- Recently broke descending triangle pattern
- Heavy rejection on 50,000sat support level
- MACD crossing supports bullish movement
- RSI moving (also a good short-term BUY)
My Trade Idea:
BUY: Below 63,000sats
SHORT-TERM (1-2Weeks)
Target 1: 70,700sats
Target 2: 79,000sats
MID-TERM (1-2Months)
Target 87,600sats
Target 4: 98,000sats (0.618 Fib)
STOP-LOSS: 44,000sats
PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice!
SOURCES:
komodoplatform.com
twitter.com
medium.com
Komodo Uptrend To ContinueFollowing the previous idea on Komodo , it has reached the upside target at $7 and broke higher reaching the $14.4 high. The corrective wave down followed while price rejected the support 727.2% Fibonacci, that is $7.1.
Currently, it seems that the uptrend is likely to continue to test next Fibonacci resistance level at $1727.2% retracement level, that is $14.7. While the support is holding, uptrend should remain valid pushing Komodo to new all-time highs. Break and close below could invalidate bullish outlook.