Rationale: Stock has been taking rest at short term moving averages but MACD and RSI's internal crossover is suggesting some buy.
Banking stocks had been outperformers in 2023 but has been laggard until now in 2024! Things are about to turn around in coming week if we sustain above 48400 which is a "Neckline of an ascending triangle" formed on weekly charts of Bank Nifty. Indicators like RSI has already shown signs of a new rally by internal crossover last week. Target which will be...
Bitcoin has been moving in a broad rising channel on the weekly chart that started since the April's peak. Recently, the price bounced on the support line of the rising channel. This pullback came in line with the primary bullish trend as the 20-week EMA is still moving over the 50-week EMA, which indicating that the bull market is still intact. The appreciation...
Gold after penetrated the resistance area around 1800 and rallied for few days, reversed below the longer-term Moving Average made a lower high around 1835. Currently, Gold is retesting the support area at 1800 forming small candles which indicates the strength of this area to push the price upward to 1835 and 1850. However, the oscillators started to provide...
This analysis is purely personal opinion and is not a purchase signal
CMT CyberMiles Bullish Divergence on Daily Chart CMTBTC CMTUSDT
A zone of liquidity is seen, a rise of weeks that falls in just one day, could you slowly reassemble the 1900? or will the bears definitely win this game?
CMTBTC ENTRY: 0.00000055 - 0.00000062 TP1: 0.00000075 TP2: 0.00000082 TP3: 0.00000092 TP4: 0.00000108 TP5: 0.00000120 TP6: 0.00000135 TP7: 0.00000165 STOP: Close daily (D) candle below 0.00000045. -------------------- This is a single 'push' trade signal for CMTBTC. I call this short-term not because of the amount of time it might take to hit the targets but...
CyberMiles (CMTBTC) is now showing a higher-low compared to May with prices moving above MA200. Staying above MA200 is a strong bullish signal on this chart set up and can lead to prices going higher. The next target is sitting at 203 satoshis followed by 324 for a total of 150%+... It can take a few weeks before prices start to increase, so always keep in...
CMT/BTC touched support line of the uptrend channel #CMT Twitter handle says it will have very big update coming soon So it can be very good hype for it in coming days Best regards EXCAVO
CMT is looking poised to bounce from these levels up to the first resistance line and onto recent highs of around 230 range.
$CMT Reclaiming ~130 sats support level (potential flip on the 12H) as volume is starting to slowly rise again.. UCTS turning green (Buy) on lower timeframes... If continuation happens, then ~150 sats as 1st target (Matching EMA200 on the daily) #CMT
Hello Traders, CMT at the daily chart seems to be inside the uptrend channel and testing the resistance of it on 1D timeframes. Today's candlestick is called a dark cloud, which is a bearish sign especially by the fact that this movement is happening in a resistance zone. Based on the daily chart, we can test the support of the channel one more time and still...