Crypto2AF

$KMD/#BTC [#Komodo]: Resistance_Breakout

Crypto2AF Updated   
BINANCE:KMDBTC   Komodo / Bitcoin
Hey traders, we've identified a Resistance Breakout on the $KMD / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.00001257 | 0.00001299 | 0.00001409 and the major support zones are respectively at 0.00001147 | 0.00001079 | 0.00000969. It is a bullish indication and we may consider entering at the current price zone at 0.00001269 and targetting higher levels.

Technical Metrics:
Current price: 0.00001269
24H Volume: 2.0251 Ƀ
24H Price change: 2.01%

- Pivot Points - Levels:
Resistance: 0.00001257 | 0.00001299 | 0.00001409
Support: 0.00001147 | 0.00001079 | 0.00000969

Indicators recommandation:
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY

Technical Indicators Summary: BUY

- In-depth KMDBTC technical analysis on > Tradingview TA page


What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here
Trade active:
KuCoin
#KMD/BTC Take-Profit target 1 ✅
Profit: 2.9945% 📈
Period: 7 Days 22 Hours 38 Minutes ⏰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.