Its been in pump for over 9 months now. I think it will soon end its accumulation face and enter the uptrend. Its altseason so i guess its going to pump up like the rest of altcoins. Target and buy zone put into chart.
Technical analysis:
. KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price...
Technical analysis:
. KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on...
Technical analysis:
. KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price...
Technical analysis:
. KOMODO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is...
Technical analysis:
. KOMODO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. KOMODO/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a...
Technical analysis:
KOMODO/BITCOIN is in a range bound and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone...
Prediction:
In graph, it is about to form " W " as all indicators are indicating "Over Sold". Safe to buy If the indicators gain momentum and enter the trading area.
May reach - 0.00090900Btc
If it Cross below - 0.00026000Btc
It's not safe to buy. It may continue to BERISH and may end up even lower.
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