KMD BTC buy chances EMA 20-50-100-200 coming closer to each other, we'll probably see bullish crossovers. MACD is giving buy signals, also volume is rising with the price. I will buy from green zone, and yellow zones are my target prices. Also you can see flag formation at 4hour chart getting squeezed so probably it is better to see if it can break out. If not, as long as the price can stays above the resistence at fibo 0.236 (0.000434 BTC 3.35% ) until the RSI or Stoch show oversold it can reach the targets and may be go beyond them.
KMDBTC trade ideas
KMDHello world,
Komodo in Manipulation Scandal !!
Komodo team was stop desktop wallet working without any maintenance date or announcement, of course after big player move there kmd 0.41% to exchanges ;)
that effect many exchanges around this fatal error.
Bittrex and Binance wallet not working !
HitBtc and Upbit not working too !!
we can say the komodo is unprofessional project !
we saw big player pump and dump today in Binance and Bittrex with huge volume of trading and this is not normal at all !!
i advise any investor that never buy kmd 0.41% ,
i advise my self to sell and out from this manipulation game
@everyone ==> stay safe komodo is manipulated
Good Luck ...
Best regards
By AmineSoft
Komodo - Fundamentally Great and Bargain Buy!Komodo, great coin with a great team and a great month ahead.
Not a particular marketing wise great team, but what I've seen from them development wise, they have a bright future coming.
For this I've the Komodo / BTC chart. Let's first discuss the Komodo / USD chart a bit.
Conclusion: the same as Stratis. Retraced all the way back towards the support box around $2.30-2.70, which it has been in at the beginning of Q4 2018 and which is a pretty big support area. Falling wedge scenario, small bullish divergences on the daily can be seen too. Bollinger Bands squeezing, so there's some volatility coming.
Then we've the Komodo / BTC chart, a chart I've discussed earlier with Elliott Waves, which I won't be using now.
Again a falling wedge, after the same falling wedge from September towards December. Pretty massive breakout afterwards.
Right now, pure technical:
- Bullish divergence on the rSI
- Bullish divergence on the Stoch RSI
- Bullish divergence on the CCI
- Bullish divergence on the MACD
All on the daily --> gives confidence.
Red flag: no real volume yet, which is slowly building up.
Fundamental wise it's a big month for Komodo with ICO's and an airdrop. And I'm expecting a lot from this project, probably one of the few platforms being a real concurrent for Ethereum.
Conclusion: we're in a bargain buy area for Komodo. Expecting a little sideways pattern for the coming days awaiting what Bitcoin wants to do. When BTC breaks the $7.300 downtrend zone on the logtrend scale I'm expecting that this one will make a significant upwards movement just like we've seen earlier.