KMD printed strong weekly doji 282% profit. Decent volume Komodo is showing underlying strength on the weekly chart.
1. Buyer printed a strong doji candle, which is an good indicator for a reversal
2. Volume is slowly but steady increasing since October 2018 with some decent green spikes
3. RSI low was August 2018 and is crawling its way up 50.0 threshold where it has been rejected last time about 2 weeks ago
We see the price fall slowed down and buyer made a strong doji. All in all it seems KMD is heading up to 2270. A retrace is expected.\u2028
What do guy and girls say? Did I miss anything?
Komodobtc
Altcoin TOP 54 - KMD/BTC Altcoin TOP 54, capitalization $ 166 million
The indicators (RSI, AO) are a good bullish diver.
"ACUPULATION zone" on the chart is a favorable price range for recruiting positions.
For the next 3-4 weeks there are interesting events on a coin (in particular, the launch of the Antara framework on July 15).
FCAS rating in the region of 600 is a live project.
Immediate goals indicated on the chart. 0.0001400-1500 - good support.
Looks promising in the middle. You can consider buying at a small% of the deposit.
$KMD - LONG - 1D - TRADE IDEAPROS
- Bullish divergence on the RSI Daily
- Currently holding Feb lows
- Price is squeezing in anticipation of a move
- Good R/R for this trade
CONS
- Sill has low volume at this level would like to see a spike in volume
Want to see it hold above its December lows to hold an accumulation and higher lowi if it closes under 1793 I will look to enter again lower
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.
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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017400 to 0.00015600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017400)
Ending of entry zone (0.00015600)
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= @ 0.000196
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000312
TP5= @ 0.000423
TP6= @ 0.000512
TP7= @ 0.000601
TP8= @ 0.000728
TP9= @ 0.000880
TP10= Free
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 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 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017200 to 0.00015600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017200)
Ending of entry zone (0.00015600)
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= @ 0.000193
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000312
TP5= @ 0.000423
TP6= @ 0.000512
TP7= @ 0.000601
TP8= @ 0.000728
TP9= @ 0.000880
TP10= Free
[KMDBTC] Komodo Before The Action [500% PP]Komodo (KMDBTC) is showing many of the signals that we have been spotting on the other altcoins charts. We have patterns and formations showing us that a huge down wave has been completed, and an up wave is on its way.
Komodo (KMD) by Alan Masters Trades
- We have a bullish crossover on the MACD.
- Indicators curving up. STOCH and RSI coming out of oversold with a reversal candle (Doji) when the lowest point was hit on 10th September.
- The daily candle show signals where KMDBTC is trying to breakout.
- Volume is yet to build up. Action yet to start.
- Great potential to catch the action before it starts.
- Available on both Binance and Bittrex to trade plus many other exchanges.
Trade instructions by Alan Masters Trades
Buy in: 0.000170 – 0.000183
Next support: 0.000153 – 0.000163
Note: “Next support” is equivalent to a second entry point.
Targets KMDBTC by Alan Masters:
(1) 0.000207
(2) 0.000224
(3) 0.000258
(4) 0.000280
(5) 0.000312
Stop loss: Close below 0.000144 on the weekly candle.
THE NEW JOURNEY STARTS
Engines ready, heart on top of my head.
The new journey starts, I am ready to launch ahead.
Clouds won’t stop me, I can even enjoy the rain.
Bring in the work…
I am ready…
My new journey starts today.
Namaste.