The perfect example of the power of S/R flip. After a long period of accumulation, $KMD finally breaks out of the zone and re-claims the support at the original breakout zone. Now is the phase where KMD shoots up.
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It's been a long time since we made this post. Although, $KMD had a crazy pump right after the idea had been posted, unfortunately the timing for its continuation was not in favor of price. That being due to the parabolic run-up of $BTC and when $BTC runs up, it's pretty obvious that it's gonna drag the /BTC pairs downs. And so it happened, everything went down while BTC went up.
This is something to keep under consideration everytime we plan to enter a /BTC paired trade.
Cheers
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This is something to keep under consideration everytime we plan to enter a /BTC paired trade.
Cheers