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.
CMT BTC has an long and wild history and has brought in alot of trading volume recently, sparking at all time lows. The bearish momentum appears to be low due to there being no more descending fibonacci fan trendlines coming down from the all time high. The sine lines and horizonal fibonacci show the periods in time where i expect to see price movement. There is a...
Pair : #CMT / #BTC
Trading Platform : #Binance
RSI : 56
TA Notes :
- MACD : Looking bullish on the daily chart.
- RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time.
EMA : Already below the price level indicating a good reversal bull...
Buy while is still hot and cheap. Ass seen in the graph, falling triangle forming above strong support. It will breakout a bit..maybe more than 5% up to the next fib:) Buy and enjoy. 3 Days time frame max. is what I see.