CMTUSD or CMTBTC breakout is nearby. Soon we will break the orange line wich is touched multiple times now. An great suply area is waiting. Go long!
Retraction and pullback. After touch in the circle area possible upside movement.
Retraction done, up again:
Retested the resistance/support zone wich is drawn with the orange/yellow line. This is also a fibonacci retracement zone. I think maybe one ore pullback and retest to complete the wedge. We needed this pullback to create momentum for a new move up.
Also if we look at the CMTBTC chart we can expect upward movement:
@Ar84ltc, Cybermiles works closely together with 5miles. It depends on when and if it will be used for this marketplace with over 12 million users to see what the coin is worth. For now I can look at the technicals and think there is potential for this coin. I can see we have a big demand zone ahead. But i agree it can be tricky as well.