Komodo (KMD): Trend Reversal Time Frame
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SUMMARY
Komodo (KMD) channeled and even the breakout doesn't assure a surge to the moon. The time extension probability is always on the table for any corrective scenario. The below chart shows a rounded price formation that would sideways crawl for a bit longer.
The blue rectangle shows the basin phase or the lateral price action stage where consolidation continues to complete. Time to this progression could be end of April to early May. In this time, the blue wxyxz would be able to complete and thus signal the potential trend reveresal.
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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Tutorial on the use of Fibonacci & Elliott Waves
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How To Know if a Trend will Continue or Reverse! https://steemit.com/bitcoin/@investingtips/tutorial-how-to-know-if-a-trend-will-continue-or-reverse
Too the moon mother fuckers!!!
gooooood
That's why his blog is a fucking comedy!!! It's a big fucking JOKE!!!
Hola amigo @haejin, gracias por compartir tu analisis, cariños y besos.
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thanks ^^
KMD is flying so far under the radar, they are doing great things!
Coins mentioned in post:
great