$KMD/#BTC [#Komodo]: Resistance_Breakout

Updated
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

snapshot

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!

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Trade active
KuCoin
#KMD/BTC Take-Profit target 1 ✅
Profit: 2.9945% 📈
Period: 7 Days 22 Hours 38 Minutes ⏰
Chart PatternscryptocurrenciescryptotradingTechnical IndicatorsKMDKMDBTCkmdbtclongtechnical_analysistradingsignalsTrend Analysis

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