E-commerce + blockchain =? CMT / BTC analytics

138
BUY: 0,00001310 - 0,00001360
SELL: 0,00002030 - 0,00002084
STOP-LOSS: 0,00001290
Support: 0,00001320
Resistance: 0,00002084

CyberMiles project goal is to create a developed platform to ensure effective work in the field of e-commerce. It assumes a general distributed accounting between suppliers, creditors and all interested parties.
CyberMiles blockchain aims to become one for all e-commerce transactions. It is based on the Smart Business Contract technology. The network is fully compatible with the Ethereum and can run its smart-contracts and decentralized applications (DApps). Transaction processing speed is 100 times higher than the ETH due to the modernized Proof-of-Stake algorithm.

In mid-August, the token price formed this year minimum at the level of 0.0001099. From this point, the uptrend began, which lasted until October 8. The chart clearly shows the resistance line 0.00001320. If the price rebounds from it, we will see a good growth. But there is a chance of breakdown, and then the rate can update the minimum. This can provide a good opportunity to open long positions at the lowest price.
Entry points are in the range 0.00001310 - 0.00001360, with the stop loss at 0.00001290 - slightly below the support level.
The trading volume at the moment is 50-60% of the average, but this is due to the appearance of large buy orders in the past when the trading volume grew hundreds of times. Daily volatility is 6-10%. It is necessary to observe the moment of stabilization of volumes.
According to the chart, the potential for asset growth is about 370%. In addition to the opportunities for intraday trading, an asset can show itself in the long term - the project is distinguished by a strong team and a thoughtful idea. We are waiting for the platform launch in December.

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