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Komodousd

Easy trade For KMD/BTCKMD is has just made contact with the trendline hovering near the bottom support. It is bouncing up and down, winding and may break out of its triangle. Since it is near support this can be a decent easy trade at least to the top of the triangle. Btc has also likely topped at this time. If it breaks downward, please ensure a stop loss is secured. KMD/usdt has been newly listed on binance within the past couple months and has not seen any major activity just yet. Based on the long term price charts from other exchanges it may fall 15% before launch Time (52 cents is strong support). Monitor all three carefully before deciding to enter a trade. Not financial advice.
by SunnyBha
3
Komodo looks bullish next weekTrend seems to be bullish as the candles are making higher lows. Also the weekly resistance had been broken as well as it has been tested and rejected, which shows the 622 is a strong support. KMD is going to test the monthly resistance at 809 and may wick above upto 957 level which has been test 3 times before. Third confirmation is that the trend lines are being respected. 716 is the support on the trend line as KMD also broke the trend line. This red weekly candle with a wick below is the first test of the newly made support. In coming weeks we may see 10 to 15 percent increase, we can wick past that as well upto 957 which would be a 25 percent increase. I usually dont use indicators, More of a Price Action lover. Indicators like MACD, RSI are great. Gonna use in coming charts. Trade safe, dont invest your 100 percent in one asset. Good luck.
Long
by SmartMaxi
There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis: . Komodo/USDollar 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 54. . The price downtrend in the daily chart is 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 (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.284) Ending of entry zone (1.159) 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= @ 1.583 TP2= @ 1.828 TP3= @ 2.280 TP4= @ 2.719 TP5= @ 3.545 TP6= @ 4.639 TP7= @ 5.887 TP8= @ 7.428 TP9= @ 7.428 TP10= @ 11.162 TP11= @ 13.957 TP12= Free
KLong
by ForecastCity
There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis: . Komodo/USDollar 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 54. . The price downtrend in the daily chart is 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 (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.284) Ending of entry zone (1.159) 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= @ 1.583 TP2= @ 1.828 TP3= @ 2.280 TP4= @ 2.719 TP5= @ 3.545 TP6= @ 4.639 TP7= @ 5.887 TP8= @ 7.428 TP9= @ 7.428 TP10= @ 11.162 TP11= @ 13.957 TP12= Free
KLong
by ForecastCity
There is possibility for the beginning of uptrend in KOMODO/USDTechnical analysis: KOMODO/DOLLAR is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 38. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested support zone (2.11 to 1.55), if so , traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (2.11) Ending of entry zone (1.55) 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 "Trough" , 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: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take Profits: TP1= @ 3.38 TP2= @ 5.02 TP3= @ 5.97 TP4= @ 7.20 TP5= @ 8.61 TP6= Free
KLong
by ForecastCity
KMDUSD , weekly update:Total profit 539422095 in 16 days.!KOMODO/DOLLAR New trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. *There is still possibility of temporary retracement to suggested support zone (2.11 to 1.55), if so , traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (2.11) Ending of entry zone (1.55) 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 "Trough" , 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: Trade Setup: We opened 6 BUY trade(s) @ 2.65577905(day close price) based on the reversal candle (Trough) & (the Bullish Exit in Daily RSI ) at 04.02.2018. Total Profit: 539422095 Closed trade(s): 72422095 Profit Open trade(s): 467000000 Profit Closed Profit: TP1 @ 3.38 touched at 04.12.2018 with 72422095 Profit. Open Profit: Profit for one trade is 3.58977905(current price) - 2.65577905(open price) = 93400000 5 trade(s) still open, therefore total profit for open trade(s) is 93400000 x 5 = 467000000 All SLs moved to Break-even point. Take Profits: TP2= @ 5.02 TP3= @ 5.97 TP4= @ 7.20 TP5= @ 8.61 TP6= Free Technical analysis: Komodo/Dollar is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 61.
KLong
by ForecastCity