CMT\BTC future strategies and trends
I hope we are surprised and the channels fail, if the channels are broken, more than 50% of the profit will be realized, otherwise it will follow the process predicted in the chart.
The purchase time announced in the previous charts is 133
Sales 159 - 177 - 191 respectively
The fall has also been seen on the chart.
We are forming a big descending wedge on CMT, and we seem to be accumulating next to the resistance.
If we break this maximum accumulation we can have a very nice uptrend movement in this asset, another buying point is next to the support of the wedge.
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For CMT we are inside this downtrend channel, we have bullish divergences on RSI, but we are close to this Resistance line, I not enter long in this asset until we break this line and show us a bullish signs like some acumulation above the resistance or pullback to this line to test as support.
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CMT is currently testing the previous Swing Low if the price can't find support at this level. I expect further down-side to 130 sats area.
This is a very crucial point for CMT in mid-term action as bears have totally controlled the market condition.
CMT / BTC
Beautiful set up we have here.
The main support zone has held perfectly.
Inverse H&S forming on each hit of the support.
2/2 Bullish Wave
Bullish divergence on the long run INV H&S.
I cant see a reason not to long this mf b.
Run it the longggggg way.
BUY NOW, PROFIT LATER !!
PREMIUM XSR SIGNAL:
We are doing Analysis of CMTBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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CMT is forming a reverse H&S pattern and showing the possibility of price reversal in short-term
Current price : 476
Buyzone : 475
Recommend Sellzone : 525-575-640
Stoploss if price is lower than 450
Hello guys, by CMT we can see that we are in historical support on Binance, witch is a good opportunity to buy. The indicators are not showing a good momentum, but I can see a good supply in this area who can expect a reversal tendency!
Pivot Extension is pointing an entry right now on CMT ( we could see that this strategy was right in the past 3 entrys!