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.
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Trade +
CMTBTC
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.
CMT/BTCCMT have goodnews medium.com mainnet lauch
you can buy some CMT and hold
Buy
1250-1100
Sell
1500
2000
2500
3250
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!
CMTBTC, CyberMiles / Bitcoin, H4The tendency is downward
However, it is weakness.
Waiting the price moves down area 0.00002738, give signal--> BUY
CMTBTC, CyberMiles / Bitcoin, H4The tendency is downward
However, it is weakness.
Waiting the price moves down area 0.00002738, give signal--> BUY
CMTBTC buy orders hit off the .618My CMTBTC buy orders hit after this retrace and bounce off the .618 fib. Trading a 4h is so relaxing, been making cubbie houses with my 2yrs old twin boys all day. I will be keen to re-visit this and see how it plays out.
#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.
CMTBTC bullish oscillators good volume..CMTBTC has been one of my fav swing trades over the last few months. Interesting pullback lately, although it seems to have bounced off support ready for the next upswing. There's bullish sentiment on the oscillators, plenty of volume although a little drop off most recently. I have a decent size position here with stop loss under support if all turns south. Interested in your feedback and opinion.
CMT reversal levelsCMT is expected to hit resistance in the channel. If it breaks through confirmation of reversal at the green line. If it is rejected will see it go down to the red line before trying again.
#CMT update: showing RSI Divergence after C&H tp. #crypto#CMT after achieving its Cup&handle Target of 5.1k sats, is showing bearish divergence in RSI
A retracement is due, we can expect an ABC correction
A leg, supported by the 38.2fib retracement level at 4.1k-4.2k sats.
Ideal re-entry can be suggested, only after we see some trend reversal confirmations, around the 50DMA which coincides with the 61.8 fib level support .
Cybermiles: BLOCKTONIC GAME CHANGER NEWS - PROFIT = 127.27%!!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 127.27% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Cybermiles announces that it is fully compatible with Ethereum blockchain with all existing and future Ethereum tools, smart contracts and applications will be able to run on CyberMiles,
April 27: Partnership Announcement] CyberMiles is pleased to announce a partnership with ChainedBox who provides mining machine solutions that support CBC points and IPFS but also home data cloud. In terms of network, ChainedBox is represented by 100 000 nodes all around the world.
April 30: SIG (Susquehanna International Group) one of the largest global investment mgmt. firms has decided to join the CyberMiles network as a validator node (super node) candidate. It has over $280 billion under management. The SIG China is a VC fund with over $1bn available for investment.
April 30: Cybermiles announces CMT Cube (aka the CMT miner) will initially be produced exclusively by the CyberMiles Foundation to secure and stabilize the blockchain network. It will be produced and sold by theCyberMiles Foundation and only supports CMT purchases.
May 2: Stocks Gazette states that Cybermiles has the potential to conquer the $2 trillion e-commerce sector. This is outlined as follows:
-The platform has a partnership with 5Miles that will see over 12 million users adopt its blockchain solution.
-The CMT network supports over 1000 transactions per second (TPS), faster than the Ethereum network.
May 4: EY Announces Dr Lucas Lu (founder of Cybermiles) as one of the Finalists for the Entrepreneur Of The Year 2018
May 6: Cybermiles opens new office.
May 6: CyberMiles Supernode Candidates now confirmed. 10 institutions will run for the Cybermiles supernode campaign.
May 7: CyberMiles was selected as the most promising project in decentralized financial services by audience attending the Global Blockchain Technology Expo.
May 8: CyberMiles and Egretia will work together in the elaboration of HTML5 DApps. Egretia is committed to create a #HTML5 ecosystem, bringing the existing 200 000 developers and 1 billion HTML5 terminals into the #blockchain world.
May 16: Cybermiles announces release of CMT Cube mining equipment.
May 21: Iconomi adds Cybermiles on their platform. This allows Cybermiles to be traded as part of a Digital Asset Array (DAA).
May 22: Cybermiles announces their mining equipment the CMT Cube will be on pre-sale on May 31. The pre-sale will be available on CyberMiles' official website: cybermiles.io and will be limited to 5 machines per person. The price is set at 299 USD, payable only with $CMT.
May 22: CMT Cube's cost will be borne by CyberMiles Foundation and we will return 100% cash back within 300 days.
May 26: Egretia Main Sale begins (Egretia allows participation using CMT tokens).
(NEW) May 29: Rfinex (rfinex.com) lists CMT.
(NEW) May 29: Blocktonic releases a introduces a blockchain, crypto-only e-commerce site named Blocktonic.io. Every product that consumers buy will be refunded. Blocktonic will refund the purchase price in full in ETH, calculated by the ETH/CMT spot price at the time of the purchase
The positive developments above (especially with the imminent release of the CMT Cube, Blocktonic and listing on Rfinex) have caused an increase in demand for the Cybermiles which has forced up prices.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
Cybermiles: CMT CUBE RELEASE DATE CONFIRMED - PROFIT = 63.95%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 63.95% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Cybermiles announces that it is fully compatible with Ethereum blockchain with all existing and future Ethereum tools, smart contracts and applications will be able to run on CyberMiles,
April 27: Partnership Announcement] CyberMiles is pleased to announce a partnership with ChainedBox who provides mining machine solutions that support CBC points and IPFS but also home data cloud. In terms of network, ChainedBox is represented by 100 000 nodes all around the world.
April 30: SIG (Susquehanna International Group) one of the largest global investment mgmt. firms has decided to join the CyberMiles network as a validator node (super node) candidate. It has over $280 billion under management. The SIG China is a VC fund with over $1bn available for investment.
April 30: Cybermiles announces CMT Cube (aka the CMT miner) will initially be produced exclusively by the CyberMiles Foundation to secure and stabilize the blockchain network. It will be produced and sold by theCyberMiles Foundation and only supports CMT purchases.
May 2: Stocks Gazette states that Cybermiles has the potential to conquer the $2 trillion e-commerce sector. This is outlined as follows:
-The platform has a partnership with 5Miles that will see over 12 million users adopt its blockchain solution.
-The CMT network supports over 1000 transactions per second (TPS), faster than the Ethereum network.
May 4: EY Announces Dr Lucas Lu (founder of Cybermiles) as one of the Finalists for the Entrepreneur Of The Year 2018
May 6: Cybermiles opens new office.
May 6: CyberMiles Supernode Candidates now confirmed. 10 institutions will run for the Cybermiles supernode campaign.
May 7: CyberMiles was selected as the most promising project in decentralized financial services by audience attending the Global Blockchain Technology Expo.
May 8: CyberMiles and Egretia will work together in the elaboration of HTML5 DApps. Egretia is committed to create a #HTML5 ecosystem, bringing the existing 200 000 developers and 1 billion HTML5 terminals into the #blockchain world.
May 16: Cybermiles announces release of CMT Cube mining equipment.
(NEW) May 21: Iconomi adds Cybermiles on their platform. This allows Cybermiles to be traded as part of a Digital Asset Array (DAA).
(NEW) May 22: Cybermiles announces their mining equipment the CMT Cube will be on pre-sale on May 31. The pre-sale will be available on CyberMiles' official website: cybermiles.io and will be limited to 5 machines per person. The price is set at 299 USD, payable only with $CMT.
(NEW) May 22: CMT Cube's cost will be borne by CyberMiles Foundation and we will return 100% cash back within 300 days.
The positive developments above have caused an increase in demand for the Cybermiles which has forced up prices.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
CyberMiles vs Bitcoin UptrendCyberMiles is one of the coins with the strongest gains against the Bitcoin during the past few months. It found the bottom at 826 satoshis and since April went up to 4200 satoshis, providing a strong 410% Growth.
The CMT/BTC trend is clearly bullish, while price continues to produce higher highs and higher lows. At the same time CMT broke above the extended ascending channel and the 8/1 Gann Fan trendline. In the most recent corrective waves down, price found the support at the upper trendline of the ascending channel and then at the Gann Fan trendline.
Nevertheless, price has established the resistance at 4020 satoshis and in order for the CyberMiles to continue moving higher, the daily close must be above that level. If/when that happens, CMT/BTC could reach 5850 satoshis resistance, that is 161.8% Fibonacci retracement level.
If price stays below the 4020 satoshis resistance a corrective wave down could take place. It that case price could decline towards the previous support at 2700 satoshis.
