CyberMiles Jumps... CMTBTC Is Just Getting Started!

Let's take a look at CyberMiles ( CMTBTC ) on Binance, this altcoin pair started to move today and it is growing with great momentum and volume ... Let's get started.


CyberMiles ( CMTBTC ) Chart Analysis by Alan Masters

• First we can see a broken downtrend line, in red. Each time this happens we get a move to the upside... So that's our first signal.
  
  
• Volume coming to a halt on the drop... Bears lose momentum, break above EMA10 followed by big green candle and above-average volume .
  
  
• At this stage of the market cycle, most altcoins are oversold, we can spot bullish divergence on the MACD almost always, this too can lead to massive growth.
  
  
• The bullish divergence on the RSI is less common, so having this signal as well gives further strength to the other signals.
  
  
• The RSI is now on the bullish side (above 50).
  

You can find all of the Fib. targets on the chart.

The low hit on the 9-Aug. can be your stop-loss.

Do you think that CyberMiles ( CMTBTC ) will continue growing?
We believe so... But as the charts are always changing and can change, we plan for every possible scenario before we buy any coin.

Namaste.