Komodo Hits Demand Zone: Double Bottom + Bullish DivergenceKomodo (KMDBTC) Chart Analysis KMDBTC Long term chart: Here we are looking at a double bottom on the long term weekly chart for Komodo (KMDBTC). After this demand/support zone was hit last time, back in November 2018, KMDBTC went on a bullish wave that generated 190% profits. We believe that the next wave can be even bigger, we are looking at around 250% profits from the current price to resistance. Up to 720% in profits to ATH. Bullish divergence on the MACD. Increasing trading volume. Let's take a closer look to see the different signals in the making (main chart above): The bullish divergence on the above chart is marked with a purple arrow and is showing up on both the MACD and RSI. Now trading above EMA10 (needs a close above it on the daily time frame for signal confirmation). Komodo (KMDBTC) hit strong support (demand zone) and is very likely to produce a bullish wave within the next 1-3 weeks. All details are shared on the chart. Feel free to hit like to show your support. This is not financial advice. Namaste.Longby AlanSantanaUpdated 7749
a Bullish case for KMD Komodothe last time the MACD daily crossed this low, it went on 184% run. This time its doing it from a double bottom, with more volume. Longby mushroomhunter1
kmdbtc still in this sideways channel, gives us some nice swingsKMD is in a nice sideways channel. Buy area 1390. sell 1560-1630. by Spacepeso1
Komodo (KMD) | +65% PP | FREE TRADING SIGNALPair: KMD/BTC Exchange: Huobi or Binance Trade Duration: Medium Risk: High Signal Strength: Medium Introduction 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. See attached chart for Technical & Fundamental Analysis Our Entry Zone 0.0001405 - 0.0001519 Our Targets 1: 0.0001743 2: 0.0002014 3: 0.0002315 Our Stop Loss: 0.0001368 To make sure you don't miss out on any FREE signals, FOLLOW us on TradingView by clicking on our profile and then clicking the green 'Follow' button. If you liked this analysis, hit that thumbs up! Enjoy your day! Axsonex Team ------------------------------------------ DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources: binanceinfoby Axsonex113
KMD/BTC - 1D Chart (Long)KMD/BTC is setting up for a bullish move over the next few weeks. The price has tested the B.0002250 area repeatedly over the last few months and has held support after each failed attempt. We are now at that price level again and probabilities favor a bull break. Price action has created a bull-cross and the CCI is showing strength. KMD could easily gain 100% from current price; updates will be provided as trade develops.Longby TheinvertedtraderUpdated 222
Komodo just can't stop.The perfect example of the power of S/R flip. After a long period of accumulation, $KMD finally breaks out of the zone and re-claims the support at the original breakout zone. Now is the phase where KMD shoots up.Longby RugovaUpdated 1
KMD bounce off ATL (long)OBV looking extremely bullish. MACD bull cross in next few days. At strong support. Tons of FA related news coming this summer.Longby AnEtherist1
KMD ThoughtsKMD Quite the brutal sell-off over the last few weeks. Recently dipped past the range-low and bounced. I think R1 will act as a tough resistance to break on the first try, so I'd be comfortable taking profit and trying to buy lower once price reaches. If I'm wrong, R2 is next.by imBagsy1
KomodoWe've seen KMD is a giant coin so far. After a massive move in its last bull run, correction started and finally 1430 stopped it. I believe it's a huge potential trade setup. Targets are lined in the chart . Hope you enjoy it.Longby Hamidkev32
Wickof playing the game again!Maybe it can go little more deeper but we can say freely Spring is here!!!!!Longby tommyboxfx1
KMD looks Bullish af. KMD BULLISH! Dangerous time for alts, though! BTC Could break the lower support of her ascending channel and dummmmmp! Or push it's current pennant and push 9k. Good time to buy long term. Dangerous for weak hands. Longby UnknownUnicorn20147652
KMD - Looking for SR to holdI like KMD. I like its eco-system, and I like the token. I've been waiting for KMD to retrace. The scale of the alt retrace has been stronger than many expected - but it offers up new opportunities. I will keep watching for the Market Structure to hold for an entry, no point risking all in from here, wait for confirmation for the sake of missing out on a few % gains. Longby maccainthebakeryUpdated 0
$KMD - LONG - 1D - TRADE IDEAPROS - Bullish divergence on the RSI Daily - Currently holding Feb lows - Price is squeezing in anticipation of a move - Good R/R for this trade CONS - Sill has low volume at this level would like to see a spike in volume Want to see it hold above its December lows to hold an accumulation and higher lowi if it closes under 1793 I will look to enter again lower Longby CrypToSpac3mAn1
KMD Bullish$KMD Falling wedge + clear bullish div on the 12H, I think we'll see a bounce here shortly, I'd look at R1, maybe R2 as potential targets/TP's.Longby imBagsy117
as chances estão para cima as chances estão favoráveis a subida nas próximas horas by DevairGuilhermeCoelho0
KMD BTC SIGNAL#KMDBTC Buy: 1750 - 1825 Target: 1946 - 2191 - 2365 - 2674 - 2909 Stoploss: 1659Longby San_CryptoUpdated 4