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 55.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000170 to 0.000156). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000170)
Ending of entry zone (0.000156)
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= @ 0.000188
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000329
TP5= @ 0.000415
TP6= @ 0.000523
TP7= @ 0.000643
TP8= @ 0.000880
TP9= Free
Komodobtc
Analytics KMD/BTCThis asset is characterized by very low liquidity, the daily turnover, on average, is 50 BTC. After the fall, which lasted from May to August, the historic minimum of 0.00017 was broken, after that the coin went into a sideways trend.
At the moment, a strong support level is 0.0001541. This asset shows that it descends after the market, but does not grow behind it. The rate can reach 0, 00024 if a stable upward trend will appear, and the price will break 0.00020. After this it is necessary to conduct additional analysis. In DOM we see that the coins are being purchased, but by single and large volumes relative to the daily turnover.
When investing, pay special attention to low liquidity and the potential for manipulation consequently.
There is a possibility for the beginning of an uptrend in KMDBTCTechnical analysis:
. KOMODO/BITCOIN is in a downtrend 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.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000156 to 0.000119). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000156)
Ending of entry zone (0.000119)
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= @ 0.000188
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000329
TP5= @ 0.000415
TP6= @ 0.000523
TP7= @ 0.000643
TP8= @ 0.000880
TP9= Free
There is a possibility for the beginning of an uptrend in KMDBTCTechnical analysis:
. KOMODO/BITCOIN is in a downtrend 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.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000156 to 0.000119). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000156)
Ending of entry zone (0.000119)
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= @ 0.000188
TP2= @ 0.000223
TP3= @ 0.000278
TP4= @ 0.000329
TP5= @ 0.000415
TP6= @ 0.000523
TP7= @ 0.000643
TP8= @ 0.000880
TP9= Free
KOMODO: 1 MILLION TPS & Z-K PROOFS - PROFIT = 32.50% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 3rd of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 32.50% PROFIT!!!
The increase in price may also be explained by positive developments including:
February 23 2018: Komodo announces that it has performed an atomic swap between Ethereum and Dogecoin using BarterDEX, Komodo’s decentralized exchange. BarterDEX features 100+ coins and will grow to support 1000+ cryptocurrencies once we fully integrate the ERC20 tokens into the DEX.
March 16: Komodo announces that its BarterDEX supports 95% of All Coins in Existence.
March 27: Komodo Platform, a blockchain industry leader and pioneer of the innovative atomic swap technology, is entering a strategic partnership agreement with ValueNet Capital, a venture capital fund based in Beijing. The agreement is focused on decentralized initial coin offerings (dICOs). Komodo Platform is one of the world’s first platforms to allow entrepreneurs and business owners to launch completely independent blockchains. Business leaders who launch an independent blockchain on the Komodo Platform may subsequently sell their blockchain’s coins to the public via a dICO.
May 22: China’s Blockchain Rankings Puts Komodo in the Top 5 Blockchain Platforms.
June 7: BarterDEX, Komodo’s decentralized exchange, has recently been added to Blockfolio.
(NEW) July 7: Komodo announces it plans to reach 1 million tps using its Federated Multi-Chain Syncing technology. This aims to increase the scalability of the blockchain.
(NEW) July 9: Komodo announces plans to add Cross-Chain Smart Contracts functionality to it's blockchain. This aims to increase the interoperability of the blockchain.
(NEW) July 11: Komodo announces plans to Zero Knowledge Proofs functionality to it's blockchain. This aims to increase the privacy of the blockchain.
The price increase is the result of the positive developments outlined above and a recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
There is a possibility for the beginning of uptrend in KMDBTC Technical analysis:
. KOMODO/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000226 to 0.000178). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000226)
Ending of entry zone (0.000178)
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= @ 0.000278
TP2= @ 0.000325
TP3= @ 0.000400
TP4= @ 0.000472
TP5= @ 0.000551
TP6= @ 0.000660
TP7= @ 0.000880
TP8= Free
There is a possibility for the beginning of uptrend in KMDBTC Technical analysis:
. KOMODO/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000226 to 0.000178). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000226)
Ending of entry zone (0.000178)
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= @ 0.000278
TP2= @ 0.000325
TP3= @ 0.000400
TP4= @ 0.000472
TP5= @ 0.000551
TP6= @ 0.000660
TP7= @ 0.000880
TP8= Free
KOMODO: NEW DEVELOPMENTS 24 HOURS = 42.15% PROFIT!!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of May 2018.
Using this buy in point and selling at today's peak price, you would have expected to net 42.15% PROFIT!!! IN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
March 8: Komodo announces first dICO with it's partner BlocNation.
March 16: Komodo announces that its Atomic Swaps cover 95% of All Coins in Existence.
March 27: Komodo Platform enters into a strategic partnership agreement with ValueNet Capital, a Chinese venture capital fund.
May 4: Komodo announces first batch of the swaps made with the web dICO app have been processed.
May 6: CryptoLark reviews Blocnation a token distributed on the Komodo Platform.
May 7: Komodo announces the World's first Atomic Swap between RLTYtoken (RLTY) and Komodo Platform (KMD) completed and added on BarterDex
May 9: Komodo Platform announces release of BarterDEX. It has added the following coins: $CIX $RLTY $PCL $GAME.
May 9: GameCredits (GAME) has officially been added to Komodo Platform's BarterDex.
May 10: Komodo announces that BarterDEX (their decentralised exchange) has hit 100,000 atomic swaps.
May 11: AltcoinBuzz (Youtube Personality) publicises Komodo Platform's use for ICOs and DICOs.
May 12: GameCredits ($GAME) has officially been added to BarterDEX.
May 12: Utrum Raises 12% of ICO Soft Cap in First 24 Hours using the BarterDEX.
May 12: Announcement of imminent release of HyperDEX which useses the underlying Komodo Platform BarterDEX protocol.
May 12: China announces that the Komodo Platform will be among 28 projects to be rated by China's new rating system.
Analysis reveals that a combination of these developments together a broader recovery in the broader cryptocurrency markets has led to increase in the price of Komodo.
Komodo would probably resume its uptrend again...Technical analysis:
KOMODO/BITCOIN is in a range bound and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.000326 to 0.000278), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000326)
Ending of entry zone (0.000278)
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 "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00040
TP2= @ 0.00045
TP3= @ 0.00052
TP4= @ 0.00059
TP5= @ 0.00066
TP6= @ 0.00088
TP7= Free
Komodo would probably resume its uptrend again...Technical analysis:
KOMODO/BITCOIN is in a range bound and resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.000326 to 0.000278), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000326)
Ending of entry zone (0.000278)
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 "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00040
TP2= @ 0.00045
TP3= @ 0.00052
TP4= @ 0.00059
TP5= @ 0.00066
TP6= @ 0.00088
TP7= Free
It's risky to play with KOMODO dragons but...I once saw Steve Irwin do it and I was convinced one day I would too; today is that day.
I'm setting my buy-ins for this coin in my buy in zone on the chart, it may be too late but if BTC decides to dip I'm sure I'll have zero issues getting into this coin.
I like Komodo because it's a great project, with a great team behind it. They are constantly improving and updating their code with commits to GitHub.
The unique thing about KMD is that the blockchain will create clones of itself for asset chains (think ERC20 tokens). This already solves one of the biggest issues with ETH's bloat, each token will be on it's own chain which will talk to the main KMD chain. Another great thing about KMD is that it's language agnostic; code in any language you want and it will work on KMD, this would bring lots of smart contract coders over.
It's still really early in KMD's life, they are only at 400Million MarketCap, this project is easily worth more than EOS,TRX and many other projects with no product as of yet.
Hype is real and it hasn't even touched this coin yet; when hype hits KMD it will skyrocket. This will be a long hold for me.
A $KMD bag holder charting $KMDtargets are fibs, no target timeframe
you'd want to have gotten in before .00038 but hindsight bias a b*tch
I'm not gonna tell you where to put your stop loss or give R:R because I think you should be able to do that according to your balance/capital/equity
anyways DYOR, leave a follow, a comment, some hate, whatever
always willing to learn more so if you feel like you can open up opportunities for a pleb like me feel free to reach out