$cmt and its struggle to breakout.CMT has been accumulating for long time now and should breakout in coming week.
open a position only after it breaksout.
Do share your opinion about my analysis and hit a like if you agree with my thoughts.
CMT
$CMT Next Pump Idea! WHALE, YOU GUYS CAN FOLLOW MY PATH!1 billion on token's total supply, CyberMiles showing that this is can't be take for granted as their recent bounce was a 75%! Amazing. Lucky for you retailers, now it's back to it's support and buyzone. Will it be pumped again. Hell yeah why not!
I wish I already deliver a very clear supports and targets on my charts that publicly published. Don't follow me blindly, it's never good to be blinded. Even by the love (:
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
CMT, H4, Neutral, 200% CMT Review
Hello, long time no see
CMT has made unexpected changes, when the wave 5 completed quickly in the positive changes from the market. We think the current trend is to recover before falling further price of CMT.
Current Trends CMT is recovering 38% of its peak to complete a Correction wave before heading back to its main trend, which is expected to last for one to two weeks.
With the current price of 1541, FR 61% is the ideal price range to buy. However, with the current situation, we will wait for the best price of CMT or price action with FR 78. % correlates to 1313. We will closely follow this PRICE action and the signal is good enough we will buy at 1541.
For CMT's buy sell order, we now have a high risk rating, a high RR, so waiting for price action is indispensable. The price range of 1141 and below is the price that will lead CMT with target less than 500 sts.
Recommendations for regular updating of CMT:
EP: 1313 (1544 if PA is not enough)
TP: 2579
TG: 3057 (over 200% price target)
Be sure to set SL for every transaction to preserve your account.
Like, follow us if you love, thank you and wish you a successful transaction!
Trade +
4-hour Analysis: Short PositionHi Dears,
In 4 hours, about 16% profit
But remember that nothing in this world is 100%
Good Luck
Cybermiles aheadCMT brokeout descending trendline and started possibly a huge wave up. Take a look at 3 days chart.
Basically the bottom is found and CMT bounced. The only way is up now. Even recent pump didn't break it so I expect another wave up in the nearest future.
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 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
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 - When the horse breaks the reinsCMT - When the horse breaks the reins
5 waves of CMT are forming. As our previous warning, CMT continuously losing points. We divide the fall time of CMT into 3 phases:
Continue to rise to 1630 sts, then reverse reversal and lose 60% of value
EP 1: 800 sts
Short-term rebound , this rally is the buying power after CMT broke the bottom and downtrend earlier.
TP: 1400 sts
TG: 1700 sts
Reduce the final trend for the 200 sts area. At this point CMT made a bottom and turned back uptrend
EP: 190 sts
* The 5% break will place SL
** The target area of the price may be at a different Fibonacci level
Wish you successful trading!
#CMT update: Below 50DMA support #CyberMiles #cryptoCMT broke above 50DMA resistance level on 10 April and surged +420% in 50 days , since then it has been in a correction phasse.
CMT spiked 19% in one day after hitting the expected support region, bouncing off the cloud region .
It is currently trading below the 50DMA support and 50fib levels
RSI is showing divergence while the Stoch rsi is showing oversold levels in 1D time-frame.
Weekly 10MA is at 3128
If CMT breaks below 2985 level then the next major support for CMT is the 61.8fib level: 2800 then the 100DMA: 2432 and 78.6fib: 2000.
CyberMiles $CMT Backed by Alibaba Co founder CyberMiles $CMT is an ecommerce platform on the blockchain backed by Alibaba Co founder Eddie Wu. Also will be sponsoring the Dallas Mavericks from the NBA next year.
Update For #CMT / #Cybermiles - 4h Chart - Decision point aheadJust testing out some possible outcomes on the 4h chart...