✳️ CyberConnect Consolidation Phase Reaching Its End (Easy 125%)Happy Valentine's my fellow Cryptocurrency trader, I hope you are having a wonderful day.
Here we have the CyberConnect (CYBERBTC) chart with tons of signals pointing to bullish growth... Let's take a time out and look at those:
➖ CYBERBTC is in the process of conquering EMA10 and EMA21 as resistance. This signal is confirmed once the day closes above 0.000163453. If the day closes below, this signal is not valid.
➖ As CYBERBTC moves above these moving averages, trading volume is the highest in more than a month and more than 5 times the daily average.
➖ While the RSI is still below 50, it is clearly trending upwards with a new bent.
➖ Higher lows have been taking place since October 2023. This is the most relevant signal of all.
The entire period from October 2023 through present day has been a consolidation phase; Four months long.
Since the bearish wave is over, no new lows, we can expect this consolidation to end with a bullish breakout leading to price growth.
👉 We have short-term targets mapped on the chart: ~70% and 125% but there can be more, much more.
Thank you for reading.
And thank you always for your continued support.
Namaste.
