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.
Kmdusdt
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.
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Adil Khan
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.
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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 - Sleepy and Low Volume, but Breaking OutFrankly the only reason I paid any attention to this coin is because they achieved an atomic swap with Bitcoin Cash.
Bitcoin Cash is an exceedingly big deal and a sleeping giant. 2018 will show that, and so I started to take a look into this coin.
I know virtually nothing of its fundamentals besides that it's a d0x exchange protocol/token.
This is a 12 hour chart and it's a long term chart. This coin is capable of much, much more than this target when it really starts to go.
It's just now breaking out of a long term bear trend.
It's a good opportunity and a trade merely back to a retest of the prior trendline is worth a risk:reward of 4.14
Let's see what this coin can do. Trade thread on Yours.org to come.
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