Long
#CMT : Upto 100% Profits Opportunity In The Mid Term.
#Accumulatio_Recommendation
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[20] : Already below the price level indicating a good reversal bull trend.
- Volume : Trying to have energy at the current 4H chart and if it gets some more input it will be a good energizing effect for a confirmed reversal break out.
- Candle Stick formation also looks bullish and will be a confirmation if it closes above the falling wedge as it is trading currently and currently forming a bullish engulfing candle stick.
#Accumulation_Zone : 405 sats - 435 sats
Distribution_Zone:
Target 1 : 466 sats
Target 2 : 511 sats
Target 3 : 547 sats
Target 4 : 583 sats
Target 5 : 634 sats
Mid Term Targets
Target 6 : 668 sats
Target 7 : 700 sats
Target 8 : 750 sats+
STOPLOSS : Close below 394 sats
Risk : High
Capital Accumulation : 3%
@TogetherWeAccumulate
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[20] : Already below the price level indicating a good reversal bull trend.
- Volume : Trying to have energy at the current 4H chart and if it gets some more input it will be a good energizing effect for a confirmed reversal break out.
- Candle Stick formation also looks bullish and will be a confirmation if it closes above the falling wedge as it is trading currently and currently forming a bullish engulfing candle stick.
#Accumulation_Zone : 405 sats - 435 sats
Distribution_Zone:
Target 1 : 466 sats
Target 2 : 511 sats
Target 3 : 547 sats
Target 4 : 583 sats
Target 5 : 634 sats
Mid Term Targets
Target 6 : 668 sats
Target 7 : 700 sats
Target 8 : 750 sats+
STOPLOSS : Close below 394 sats
Risk : High
Capital Accumulation : 3%
@TogetherWeAccumulate
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.