Potential Pitchfork Formation
I don't have much time to write at the moment, but I would like to post this. It looks like $BINANCE:KMDBTC could potentially be forming a pitchfork trend here. We have a potential top, middle, and bottom, and have had a nice uptrend the past few days. In addition, we've had two wicks break above the 21 Day (blue) on 7/25 & 8/3, potentially signaling a switch in momentum.
If this trend holds, it doesn't look like KMD will be much cheaper than this. Many of the other altcoins are still waiting for their rallies, but this one may be starting early with BTC. I could be wrong, but I'm liking how this chart is looking.
Thanks for reading, stay smart out there.
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Dillon Seals
If this trend holds, it doesn't look like KMD will be much cheaper than this. Many of the other altcoins are still waiting for their rallies, but this one may be starting early with BTC. I could be wrong, but I'm liking how this chart is looking.
Thanks for reading, stay smart out there.
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Dillon Seals
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.