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!
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Retraction and pullback. After touch in the circle area possible upside movement.
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Retraction done, up again:
Trade active
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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.
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Also if we look at the CMTBTC chart we can expect upward movement:
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