Komodo Hits Demand Zone: Double Bottom + Bullish Divergence

2019年5月24日

Komodo (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.

2019年5月24日

ノート

THE NEW JOURNEY STARTS

Engines ready, heart on top of my head.

The new journey starts, I am ready to launch ahead.

Clouds won’t stop me, I can even enjoy the rain.

Bring in the work…

I am ready…

My new journey starts today.

Namaste.

2019年5月26日

ノート

(1) 0.000164 -Reached 26-May (+9%)

2019年5月30日

ノート

Targets:

(1) 0.000164 -Reached 26-May (+9%)
(2) 0.000181 -Reached 29-May (+20%)
(3) 0.000194 -Reached 29-May (+28%)

2019年6月2日

ノート

If KMDBTC can stay above EMA50 (0.0001772), then an impulse up is very likely...



Looking bullish for me.

2019年6月5日

ノート

(1) 0.000164 -Reached 26-May (+9%)
(2) 0.000181 -Reached 29-May (+20%)
(3) 0.000194 -Reached 29-May (+28%)
(4) 0.000210 -Reached 4-June (+38%)
(5) 0.000227 - Next targe.
(6) 0.000255

Moving (up)forward.
Enjoy the profits.

Namaste.

2019年6月8日

ノート

We are going for our next target...