Important: My analysis is based on BTC. If you look at the USD value chances are that you will panic sell your coins but keep in mind that the entire market is dropping right-now. Reason being only one: BTC.
Traders that suffered small losses (depending on your entry point) will probably cut their losses and will not want to risk more.
Those who bought the ATH already panic sold (at least most of them). If you didn't, you should know that now it is too late in my opinion. There is a high chance to sell the bottom or close to it.
Depending on the market conditions (if Bitcoin drops to at least $6000) I can see it falling and stop around the 30k-35k area.
Sure, there is also a doom scenario where BTC would fall under $3000 and if this happens KMD will go down to its lowest point or even less. However, I don't think this is going to happen.
I will stop updating this as soon as any target is being hit, probably the STOP-LOSS one.
I think it is a good sign which confirm us a strong support around 44k.
The targets are still valid but watch out for BTC.