Komodo / Bitcoin
Long
Updated

KMD KOMODO- simple chart short term bearish, long term bullish

218
5/22/18
- KMD currently bound in this symmetrical triangle and heading to logical support levels at 3350-3100 (entry point)
- then we'll need to see a break above the symmetrical triangle to consider a bullish reversal pattern



* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Note
*UPDATE* 5/24/18
- looks like we bounced off the lower trend line / 0.786fib as expected
- RSI and Stoch RSI currently looking indecisive
- waiting to see if we can break above the previous high of 4150-4270 to consider a bullish pattern.

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