$EGLD/#BTC [#MultiversX (Elrond)]: Resistance_Breakout

Hey traders, we've identified a Resistance Breakout on the $EGLD / $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 0.002065 | 0.002156 | 0.002386 and the major support zones are respectively at 0.001835 | 0.001696 | 0.001466. It is a bullish indication and we may consider entering at the current price zone at 0.002031 and targetting higher levels.

Technical Metrics:
Current price: 0.002031
24H Volume: 22.4774 Ƀ
24H Price change: 2.888%

- Pivot Points - Levels:
Resistance: 0.002065 | 0.002156 | 0.002386
Support: 0.001835 | 0.001696 | 0.001466

Indicators recommandation:
Oscillators: SELL
Moving Averages: STRONG_BUY

Technical Indicators Summary: BUY

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

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Comment:

KuCoin
#EGLD/BTC Take-Profit target 4 ✅
Profit: 7.0039% 📈
Period: 6 Days 21 Hours 46 Minutes ⏰