For a level to be considered "conquered", prices need to move and close above-said level.
So if MA200 is sitting at 0.00000867, ELFBTC needs to close daily above this level for us to consider it "cleared/conquered".
This gives us the signal that prices want to move higher.
The is super strong and the allows for additional growth.
Here is the aelf ( ELFBTC ) Long-term Chart (Weekly)
- Here we can see prices safely trading above EMA10 now while a and strong .
- The yellow line stands for EMA50 which is the next target on this timeframe, that would be 0.00002015 for 122% of profits... This is an easy target and will surely be hit soon.
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Thanks a lot for reading.