Komodo Breaking Up Strong (88.8% Target Mapped)KMDBTC (Komodo) is breaking strong out of a falling wedge.
With really good volume coming in, in this slow and relaxed day...
The altcoins market started to heat up last week, now is showing some additional momentum, we are likely to see fireworks by the time this week ends.
Komodo has been profitable to us many times in the past... We believe this time it will be good as well.
KMDBTC now bullish.
Namaste.
Komodo
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.
Please, push like button and subscribe.
Best regards, Sandro and Gustavo
KMD / BTC Falling Wedge. Double bottom. Potential + 80-400%KMD / BTC
The main trend is a downtrend that has formed a downward wedge.
The local trend has moved into a lateral movement which potentially can form a double bottom.
The price hit the line of resistance of the falling wedge and the main trend.
ENTRANCE and TARGET
1) Entrance on a breakthrough or pullback after a breakthrough of the resistance line of the main trend (red line of resistance of the falling wedge) Potential + 80-400%.
2) When the price consolidates above the resistance of 0.00015 (yellow line). Potential from + 100%.
Stop loss
Under key support levels during your entry into the market.
There is a trading opportunity to buy in KMDBTCTechnical analysis:
. KOMODO/BITCOIN 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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007270)
Ending of entry zone (0.00005355)
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 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= @ 0.00009675
TP2= @ 0.00012365
TP3= @ 0.00015580
TP4= @ 0.00019600
TP5= @ 0.00025100
TP6= @ 0.00037300
TP7= @ 0.00047200
TP8= @ 0.00057050
TP9= @ 0.00088000
TP10= Free
There is a trading opportunity to buy in KMDBTCTechnical analysis:
. KOMODO/BITCOIN 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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007270)
Ending of entry zone (0.00005355)
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 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= @ 0.00009675
TP2= @ 0.00012365
TP3= @ 0.00015580
TP4= @ 0.00019600
TP5= @ 0.00025100
TP6= @ 0.00037300
TP7= @ 0.00047200
TP8= @ 0.00057050
TP9= @ 0.00088000
TP10= Free
KMDBTC SIMPLECHART My second signal from my new build system.
KMD/BTC - medium risk trade with a huge potential to the upside.
PT1 = Green dotted line.
PT2 = Green dotted line.
Exit = if price close beyond entry zone or touch red dotted line.
Entry = In the "entry" zone as shown in the chart.
Keep in mind to have a good money management.
Simple chart, im here to make you satoshis.
Happy Trading.
#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
Add to watchlist
KMD/BTC 12H (Binance) Falling wedge brokeout & pulled back: Fib.Komodo pullback looks like is done, now the way up is free to go :
Entry range= 0.0000675 - 0.0000715
Take Profit= 0.0000871 | 0.0000950 | 0.0001029
Stop Loss= 0.0000519
Risk/Reward ratio= 1:1 | 1:1.45 | 1:1.9
Fib. Retracement= 0.382 | 0.5 | 0.618
Expected Profit= 25.32% | 36.69% | 48.06%
Possible Loss= -25.32%
KMD/BTCKMD/BTC saw a bullish engulfing close above our 0.236 fib yesterday and is now seemingly breaking out of this falling wedge; oscillators have also crossed bullish. We can anticipate this Fibonacci level@700-680 sats to provide some solid support for the short term, while the 800 sat zone should be respected as immediate resistance. Given the volume build up and technicals, we are bullish on this pair for the short/mid-term. I have indicated some additional resistance levels on the chart that you can use as take-profit levels.\
- Happy Trading , Fat Pig Team
KMD/BTC - Sitting on the runway (awaiting take off)As one of the older Binance coins, Komodo takes a bit more time to rock and roll than some of the newer listings. However, don't let that deter you at these levels! We know from previous rises in price that when this one goes, it really flies.
My reasoning:
Location: Reload zone
Structure: Double bottom off the 786 fib.
Divergence: Confirmed histogram div and stupid willy. Want to see a stronger move from the bulls on the daily OBV as we're still trading under its 13EMA.
Trend: Broken through the bearish trend line , entering a brief accumulation period.
VPVR: Holes in volume above 816 sats and above 1000 sats. Sitting at the POC.
Hit the LIKE button if you like my analysis and want to support my channel. Follow to make sure you don't miss any future trade ideas.
KMDBTC formed bullish BAT | Upto 80% move expectedPriceline of world's 66th ranked cryptocurrency Komodo (KMD) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.0000685 to 0.0000609
Sell between: 0.0000867 to 0.0001138
So thi chart would be a good long opportunity for upto 86% bullish move.
Regards,
Atif Akbar (moon333)
There is a possibility for the beginning of an uptrend in KMDBTCTechnical analysis:
. KOMODO/BITCOIN 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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007270)
Ending of entry zone (0.00005355)
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 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= @ 0.00009675
TP2= @ 0.00012365
TP3= @ 0.00015580
TP4= @ 0.00019600
TP5= @ 0.00025100
TP6= @ 0.00037300
TP7= @ 0.00047200
TP8= @ 0.00057050
TP9= @ 0.00088000
TP10= Free
There is a possibility for the beginning of an uptrend in KMDBTCTechnical analysis:
. KOMODO/BITCOIN 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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007270)
Ending of entry zone (0.00005355)
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 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= @ 0.00009675
TP2= @ 0.00012365
TP3= @ 0.00015580
TP4= @ 0.00019600
TP5= @ 0.00025100
TP6= @ 0.00037300
TP7= @ 0.00047200
TP8= @ 0.00057050
TP9= @ 0.00088000
TP10= Free
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 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00350 to 0.00290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00350)
Ending of entry zone (0.00290)
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 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= @ 0.00444
TP2= @ 0.00514
TP3= @ 0.00595
TP4= @ 0.00685
TP5= @ 0.00775
TP6= @ 0.01086
TP7= @ 0.01336
TP8= @ 0.01587
TP9= Free
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 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00350 to 0.00290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00350)
Ending of entry zone (0.00290)
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 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= @ 0.00430
TP2= @ 0.00514
TP3= @ 0.00595
TP4= @ 0.00685
TP5= @ 0.00775
TP6= @ 0.01086
TP7= @ 0.01336
TP8= @ 0.01587
TP9= Free
KOMODO: KMD will unmet expectation pull the price higher?Monthly:
1)Huge expectation from early 2018 never fulfilled. 2)Resistance drop was stronger than support drop. 3)Different green Setups - 2nd initiated a Countdown(bearish). 4)Price drop below the expectation last month(Nov). 5)This month(Dec) we have another support drop and in case of red 1 a potential to test resistance(0.0002833). 6)In case of trap will fail to close above the previous median(0.0002165). 7)21 months failed to close above arithmetic mean. 22 could potentially move above. 8)Global Oversell Support(red dotted line on 0.000239) is close to the point of current arithmetic mean. 9) Global Overbuy Resistance(green dotted line) significant drop.
Weekly:
Strong expectation pull the price higher few candles after the drop in a), b) and now we have same potential for c)