There is a possibility for the beginning of an uptrend in CMTETHTechnical analysis:
. CYBERMILES/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00019000 to 0.00016400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00019000)
Ending of entry zone (0.00016400)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00022600
TP2= @ 0.00025200
TP3= @ 0.00026700
TP4= @ 0.00033400
TP5= @ 0.00044100
TP6= @ 0.00061400
TP7= Free
CMT
There is a possibility for a resumption of the uptrend in CMTETHTechnical analysis:
. CYBERMILES/ETHEREUM is in an uptrend and the Continuation of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
. While the RSI and the price uptrend in the Daily chart are not broken, Bullish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.00035600 to 0.00029600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00035600)
Ending of entry zone (0.00029600)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00042900
TP2= @ 0.00048800
TP3= @ 0.00059300
TP4= @ 0.00074100
TP5= Free
There is a possibility for the beginning of an uptrend in CMTETHTechnical analysis:
. CYBERMILES/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00029600 to 0.00023800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00029600)
Ending of entry zone (0.00023800)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00035500
TP2= @ 0.00042900
TP3= @ 0.00048800
TP4= @ 0.00059300
TP5= @ 0.00074100
TP6= Free
$CMT #CyberMilles about to face important resistance.ENGLISH : As we can see, CMT have already broken its major downtrend line. It is now going to face an important resistance area between ~0.000015 and ~0.0000165. That same region was resistance twice before, on late February and late March. CyberMilles is looking pretty sweet here, with great volume and 167% growth potential until it reaches its ATH. But as both RSI and Stoch RSI are kind of overbought, it could sit still on that resistance in order to rest those indicators. If anyone is thinking about buying this beauty, I'd suggest to set alarms for the breakthrough of the resistance, wait for a confirmation like a good H4 candle closing above it and just then complete the buy. Good mid-term targets would be 0.00002, 0.0000235, 0.000027 and 0.000032.
PORTUGUÊS : Como podemos ver, CMT já quebrou sua linha de tendência de baixa principal. Agora, está prestes a encarar uma importante área de resistência entre ~0.000015 e ~0.0000165. Essa mesma região atuou como resistência duas vezes anteriormente, no final de fevereiro e no final de março. CyberMilles está parecendo bastante promissor, com ótimo volume e um potencial de crescimento de 167% do preço atual até a alta histórica. Porém, com ambos RSI e Stoch RSI consideravelmente sobrecomprados, é possível que os preços parem por algum tempo nessa resistência, para que os indicadores possam descansar. Se alguém estiver pensando em comprar essa beleza, eu sugeriria que configurasse alarmes para a quebra da resistência, esperasse uma confirmação como um bom fechamento de uma candle no H4 e só então completasse a compra. Bons alvos pra médio prazo seriam 0.00002, 0.0000235, 0.000027 e 0.000032.
