Komodo
KMD near to break out#KMDUSDT
$KMD broke out from daily descending resistance line and confirmed it as support also price hold above weekly ascending support. a weekly break out from descending resistance can lead price to touch resistance zone around $1.5 . and break above that can cause more increase to $2.
$KMD/USDT 1D (Binance Spot) Descending trendline break & retestkomodoplatform.com is up-trending for a few months now and is very likely to continue bullish!
Komodo features AtomicDEX, a non-custodial wallet and atomic swap DEX rolled into one application.
Risk/Reward= 1:1.75 | 1:3.67 | 1:7.38
Expected Profit= +35.83% | +75.02% | +151.01%
Possible Loss= -20.46%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price:
1.1026
Entry Zone:
1.0960 - 0.9860
Take-Profit Targets:
1) 1.4140
2) 1.8220
3) 2.6130
Stop Targets:
1) 0.8280
KMD looks great for upside...is it bottom?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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💥KMUSDT +100%💥Komodo price today is $0.989202 with a 24-hour trading volume of $15,314,047. KMD price is up 12.7% in the last 24 hours. It has a circulating supply of 130 Million KMD coins and a total supply of 200 Million. If you are looking to buy or sell Komodo, Binance is currently the most active exchange.
Komodo is an end-to-end blockchain infrastructure solutions provider. Consistently recognized as one of the world’s most innovative blockchain projects, Komodo is developing technologies at the cutting-edge of the blockchain industry.
In reality, most blockchain platforms today are but a single blockchain that offers support for smart contracts and decentralized applications. This model forces all projects to share the same infrastructure, leading to congestion, increased transactions fees, and stifled growth.
Whereas other blockchain platforms employ a single, shared-blockchain model, Komodo’s federated multi-chain architecture provides each and every external project with independent infrastructure and a dedicated blockchain.
This multi-chain design is what makes Komodo unique among blockchain platforms. Each project is given the opportunity to create their own blockchain ecosystem via Komodo’s infinitely scalable infrastructure.
Komodo’s tech enables seamless cross-chain interoperability among all federated blockchains. Every blockchain built with Komodo is also connected to 95% of chains outside the federation via atomic swap technology. Future plans are in place for blockchain bridging support, which will create cross-chain fungibility throughout the entire blockchains industry.
Moreover, with Komodo’s architecture, multiple blockchains can sync up and function as a single chain. If one chain is not meeting performance needs, additional chains can be added to form a blockchain cluster. A blockchain cluster boosts performance linearly without inflating coin supply or devaluing the currency.
The Komodo ecosystem is not only scalable and interoperable, it’s also secured with the power of the Bitcoin network. This is accomplished with a series of cross-chain notarizations that store a blockhash onto the Bitcoin ledger every ten minutes, providing protection from 51% attacks.
Join Komodo as we continue to accelerate the global adoption of blockchain technology.
Komodo (watchlist)The price push that had place on 06/09/21 failed to break the resistance and bounced off the upper trendline which seems to be respected on both on arithmetic and logarithmic scale.
The key level to break & hold here is 1.62
I started to accumulate this coin last month, although I'm not making no bigger entries for now. But I'll be keeping an eye on it.
Komodo risk to reward 1 to 56, absolutely amazing!Hello Traders, I have one more gem for you guys. This trade is 56 to 1 risk to reward against btc. If you hold btc maybe you should take a look at this chart, this can be an amazing move. On usd pair this chart is looking nice to, if drops a little more you can buy at lower prices, don t miss it!
Keep calm and say ‘Arrr’There is nothing like the smell of cannon fire in the morning!
We went long Pirate Chain (ARRR) last November as word had filtered out about this crypto's superior privacy features. As a long term fan of Monero, I have been always been on the look out for other privacy coins which may challenge Monero as the King of Privacy in the crypto sphere. Enter Pirate Chain. It offers Monero hodlers a hedge at the very least and as a small cap and relatively unknown project back in November, we decided to open a position. We find piracy is like a hostile takeover without all the messy paperwork.
Pirate Chain is a completely private cryptocurrency, an anonymous chain that uses the most powerful algorithm available on the market ie. Zero Knowledge-Succinct Non-interactive Argument of Knowledge (zk-SNARKS). Moreover, Pirate Chain implemented a mandatory, private-only usage of zk-SNARKS (unlike Zcash where its usage is optional).
Pirate Chain's fungibility is superior to every other privacy cryptocurrency. Furthermore the protocol is also secured by Delayed Proof of Work (dPoW): Komodo’s Innovative Consensus Mechanism crypto-economy.com The Pirate Chain is notarized onto Komodo's blockchain and then Komodo's chain is notarized onto Bitcoin's blockchain. All this effectively means that for someone to successfully commit a 51% attack on Pirate Chain, they would simultaneously need to execute a 51% attack on both the Komodo and bitcoin blockchain. Shiver me timbers!
There are two cryptocurrencies that are private at the protocol level, Monero and Pirate Chain. We are long both. Looking at the chart, the price looks too far extended right now and we would wait for a correction to at least the 50 SMA which is currently sitting at $2.22. We are however very bullish on ARRR over the medium to long term. We used Trade Ogre Exchange to purchase Pirate Chain: tradeogre.com We would recommend this exchange.
For more information about Pirate Chain: pirate.black
May your blade always be wet and your powder dry!