BITTREX:KMDUSD   Komodo / US Dollar (calculated by TradingView)
Following the previous idea on Komodo, it has reached the upside target at $7 and broke higher reaching the $14.4 high. The corrective wave down followed while price rejected the support 727.2% Fibonacci, that is $7.1.

Currently, it seems that the uptrend is likely to continue to test next Fibonacci resistance level at $1727.2% retracement level, that is $14.7. While the support is holding, uptrend should remain valid pushing Komodo to new all-time highs. Break and close below could invalidate bullish outlook.
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KMD is akin to KNC & ZRX as they are all working on the important theme of decentralised exchanges. I am very bullish on all three. I would LONG KMD for reasons relating to tax, privacy, security, wallet features, GOVT regulation and fees. Sometimes the fundamentals of the coin are the most important thing when thinking long term. Who cares if it crashes short term due to market volatility and pump and dump schemes. This coin has a plethora of major features that will make it very attractive. Every drop is a buy opportunity for this coin. Maybe they'll even try rebranding themselves like NEO/Antshares did?
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HiTech KomodoDragon
@KomodoDragon, you are probably right, i am a wave catcher and move in and out quickly in order to get the quickest profit possible
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Komodo was pumped by a group on Discord I joined it to know what coin/token to avoid :D
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HiTech MrRenev
@MrRenev, who cares who pumped it if you can profit from it
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mbit09 MrRenev
@MrRenev, you have a link?
@HiTech is definitely right!
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@MrRenev, ... and? Every coin gets "pumps" and "dumps." It's the good projects you HODL. It's not like KMD is akin to "tittycoin."
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