KMDBTC trade ideas
KOMODO +100%This pair is gathering up inside this triangle just above the 0.618 fib retracement of the major move. Two way to trade this.
Aggressive traders could buy at 5150 area with a tight stop below the wicks of the previous rejection candles. Cover stops to confirm breakout of the triangle to the upside. With a confirmed retest of the previous resistance, you can add to the position and trail your stop up to previous highs at 10296 for a nice 100% gain.
Conservative traders would wait for the breakout and re-test.
Volume is starting to peak over 15M. DMI not quite showing a buy, but the DX could easily flip on the next candle. RSI is looking bullish.
Fundamentally, Komodo is an excellent project with much to offer in the near future. If you're unfamiliar, check it out here - cointelegraph.com
www.komodoplatform.com
Komodo - Nearing a Breakout (Potential 100%+ profit)KMD is looking strong and we may see a breakout soon enough. We have the uptrend on our side and AROON indicator supports a pump + ichimoku. Watch this coin carefully because there are profits to be made.
Buy orders should be placed - on the current uptrend or when it does a breakout.
Stop - when it drops from the current uptrend.
Profit goal - 0.00073, 0.00089, 0.00132.
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KMD to the moonBINANCE:KMDBTC (Komodo) is in the end of long triangle. Now is the best time to buy in because the price has dropped to it's strongest support that never has broken even in market panics. the fib. extension says that KMD will go up to new all-time high. the candle wicks to up, show that big fishes and whales have received the signal.