CyberMiles (CMTBTC) is showing some bullish signals... Let's take a look.
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CyberMiles (CMTBTC) is available for trading on Binance, and some signals are developing that points to a potential bullish move.
First we have several attempts at breaking EMA50, which is the magenta line, without success. Each time this resistance is challenged, CMTBTC price falls back below it.
We are seeing something different today. The MACD is now on the bullish zone and CMTBTC is trading above EMA50 and EMA10. With the bullish action we are seeing on Binance, Bittrex and other major exchanges, we can expect this to be this beginning.
The RSI is on the bullish side and trading volume has been increasing in the past few weeks.
Expect CMTBTC to move up and break above EMA100 if it can remain above EMA50 for a few days.
Conditions for change: If CMTBTC loses bullish momentum and moves down, closing below 0.00000620, then the above signals are invalidated and a new analysis is needed. The bearish potential would increase.
For now, CyberMiles (CMTBTC) is turning bullish.
This article is shared for your learning and entertainment. Thanks a lot for the continued support.
Namaste.
Comment
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CyberMiles (CMTBTC) PREMIUM Trade
Buy-in: 0.00000695 – 0.00000730
Targets:
Short term (1) 0.00000760 -Reached (2) 0.00000820 (3) 0.00000957 (4) 0.00001099 (5) 0.00001185 (6) 0.00001280
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Short term (1) 0.00000760 -Reached (2) 0.00000820 -Reached (3) 0.00000957 -Reached (4) 0.00001099 -Next target (5) 0.00001185 (6) 0.00001280