Long
KMD
KMD
Mid to long term
Mixed signals on this one. It looks like someone, or several someones are attempting to drive price down and accumulate this coin. See the strong price drops on weak volume and smaller price pumps on strong volume. So this activity could be throwing some indicators off. Bearish TK cross inside a red cloud is usually and exit signal. So, I would not buy it until it exited the cloud and had a bullish cross, or it drops down and bounces off the bottom of the cloud.
Generally though the thought of Laughing Monkey, "Throw a dart at any coin right now and it will pump," is still true, but I think there will be a better time to buy this coin in the near future. Long term I doubt it will go a lot lower than this, and the upside potential is a much greater reward imo than the downside right now. My SL would be below the trend line.
Mid to long term
Mixed signals on this one. It looks like someone, or several someones are attempting to drive price down and accumulate this coin. See the strong price drops on weak volume and smaller price pumps on strong volume. So this activity could be throwing some indicators off. Bearish TK cross inside a red cloud is usually and exit signal. So, I would not buy it until it exited the cloud and had a bullish cross, or it drops down and bounces off the bottom of the cloud.
Generally though the thought of Laughing Monkey, "Throw a dart at any coin right now and it will pump," is still true, but I think there will be a better time to buy this coin in the near future. Long term I doubt it will go a lot lower than this, and the upside potential is a much greater reward imo than the downside right now. My SL would be below the trend line.
Anmerkung
Broke support, buying opportunity never materialized.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.