BIT:CYB - Euronext Milan - IT0005546103 - Common Stock - Currency: EUR
Overall CYB gets a technical rating of 0 out of 10. CYB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CYB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.72. Right above this resistance zone may be a good entry point.
1.68
When analyzing the resistance we notice one important area.
BIT:CYB (3/7/2025, 7:00:00 PM)
1.695
+0.02 (+1.19%)