CYBERMILES - CMT/USDT
CYBERMILES - CMT/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: CMTUSDT
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CYBERMILES - CMT/USDT - Daily - Technical analysis published on 01/28/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.012234 USDT
My targets
0.010290 USDT (-8.86%)
0.008957 USDT (-20.67%)
My analysis
CYBERMILES - CMT/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.012234 USDT. The next support located at 0.010290 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.008957 USDT. Below this support, sellers could then target 0.007233 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

The CYBERMILES - CMT/USDT price is 0.011290 USDT. The price registered an increase of +0.89% on the session and was between 0.011110 USDT and 0.011780 USDT. This implies that the price is at +1.62% from its lowest and at -4.16% from its highest.

0.011110
0.011780
0.011290

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this Daily chart of CYBERMILES - CMT/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily


Bullish harami cross

Type : Bullish

Timeframe : Daily




ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.011290 0.012234 0.021551 0.027490
Change (%) - +8.36% +90.89% +143.49%
Change - +0.000944 +0.010261 +0.016200
Level - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0108930.0109970.0110930.0111970.0112930.0113970.011493
Camarilla0.0111350.0111530.0111720.0111900.0112080.0112270.011245
Woodie0.0108900.0109950.0110900.0111950.0112900.0113950.011490
Fibonacci0.0109970.0110730.0111200.0111970.0112730.0113200.011397


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0087900.0097900.0102900.0112900.0117900.0127900.013290
Camarilla0.0103780.0105150.0106530.0107900.0109280.0110650.011203
Woodie0.0085400.0096650.0100400.0111650.0115400.0126650.013040
Fibonacci0.0097900.0103630.0107170.0112900.0118630.0122170.012790


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0042670.0072330.0089570.0119230.0136470.0166130.018337
Camarilla0.0093900.0098200.0102500.0106800.0111100.0115400.011970
Woodie0.0036450.0069230.0083350.0116130.0130250.0163030.017715
Fibonacci0.0072330.0090250.0101320.0119230.0137150.0148220.016613

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 47.89
MACD (12,26,9): -0.0001
Directional Movement: 8.562249
AROON (14): 28.571430
DEMA (21): 0.011229
Parabolic SAR (0,02-0,02-0,2): 0.013690
Elder Ray (13): 0.000061
Super Trend (3,10): 0.012608
Zig ZAG (10): 0.011290
VORTEX (21): 0.9946
Stochastique (14,3,5): 21.87
TEMA (21): 0.011530
Williams %R (14): -73.90
Chande Momentum Oscillator (20): 0.000570
Repulse (5,40,3): -5.7154
ROCnROLL: 2
TRIX (15,9): -0.1106
Courbe Coppock: 8.63
MA7: 0.011293
MA20: 0.011329
MA50: 0.011675
MA100: 0.014457
MAexp7: 0.011336
MAexp20: 0.011415
MAexp50: 0.012226
MAexp100: 0.014823
Price / MA7: -0.03%
Price / MA20: -0.34%
Price / MA50: -3.30%
Price / MA100: -21.91%
Price / MAexp7: -0.41%
Price / MAexp20: -1.10%
Price / MAexp50: -7.66%
Price / MAexp100: -23.83%

This member declared not having a position on this financial instrument or a related financial instrument.

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