Hello, dear members of LeoFinance!
Today I want to outline something important on the price chart of Komodo.
In the daily chart (1D), KMD/USD has returned to the 360-day Moving Average:
In my view, this is a signal that KMD/USD is at a crossroads and is struggling to find a long-term direction.
To be continued ...
As of the time of writing, one KMD costs $1,04 on the Bittrex crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 15 years, and as a cryptocurrency analyst for the last 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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