tradinggrey

KMDUSDT Analysis July 6, 2022

Long
BINANCE:KMDUSDT   Komodo / TetherUS
We are Bullish on Komodo, KMDUSDT , and think maybe it has found a bottom. It is down 96% from its high in April of 2021, similar to the timing of the LINK high in 2021. The Horizontal Support Line at ($0.177) was been established and we are bouncing off. The Weekly Downtrend Line was broken and we retested the Support Line. We have a Buy signal and continue to stay above the Trend Lines. We have some profit taking tiers shown on the chart (122%, 194%, 345%, and 500%)! Komodo is an under the radar project that's been around since 2017 with great tokenomics (only a 200,000,000 supply), and development of the first cross-chain exchanges. Not Financial Advice...Trade with Confidence and Control.

The future of currency and technical trading is here!
tradinggrey.io | currenshi.io

Not Financial Advice...Trade with Confidence and Control.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.