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.
Yorum:
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
This is something to keep under consideration everytime we plan to enter a /BTC paired trade.
Cheers