Beautiful retest of the MA200 on the 4h chart, along with the previous resistance that seemed to have formed an ascending triangle.
Target 1: 0.00000244
Target 2: 0.00000258
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Fundamentally, it looks like CMTBTC is dead. Technically, it could be a buy opportunity. With only a $13M market cap, it doesn't take very much to to move the market. I think it could go either way. Let's see what happens.
Let's take a look at CyberMiles (CMTBTC) on Binance, this altcoin pair started to move today and it is growing with great momentum and volume... Let's get started.
CyberMiles (CMTBTC) Chart Analysis by Alan Masters
First we can see a broken downtrend line, in red. Each time this happens we get a move to the upside... So that's our first signal.
Entry : 270 - 290
Sell : 314 - 335 - 365 - 395 - 405
Stop : 253
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