📅 Daily Crypto Recap, August 5
$CYS (Cysic) is today's biggest gainer, up 93% to around $0.53, on volume that exploded over 2,300% from yesterday to $64-86M.
Real technical structure behind it too, this breaks CYS out of a symmetrical triangle it had been grinding inside since March, with the team's next AMA scheduled for tomorrow, August 6, to discuss new decentralized AI work.
Here's the twist, this is the same project that was previously exposed for manipulating its TGE token cluster, falsifying accounting data, and using substandard mining hardware.
Daily RSI is sitting at 79.41, deeply overbought. The chart looks real. The project's track record isn't clean.
Genuine breakout, or history repeating on a token that's already been caught cutting corners once? 👀
⚠️ Not financial advice. DYOR.
Follow @Smart Money Analyst for daily crypto insights 📊
$CYS
#BinanceSquare #crypto #Cys
🗳️ Where does CYS go from here?
$CYS (Cysic) is today's biggest gainer, up 93% to around $0.53, on volume that exploded over 2,300% from yesterday to $64-86M.
Real technical structure behind it too, this breaks CYS out of a symmetrical triangle it had been grinding inside since March, with the team's next AMA scheduled for tomorrow, August 6, to discuss new decentralized AI work.
Here's the twist, this is the same project that was previously exposed for manipulating its TGE token cluster, falsifying accounting data, and using substandard mining hardware.
Daily RSI is sitting at 79.41, deeply overbought. The chart looks real. The project's track record isn't clean.
Genuine breakout, or history repeating on a token that's already been caught cutting corners once? 👀
⚠️ Not financial advice. DYOR.
Follow @Smart Money Analyst for daily crypto insights 📊
$CYS
#BinanceSquare #crypto #Cys
🗳️ Where does CYS go from here?
🚀 Real breakout, more room
😐 Watching the AMA
🔴 Overbought, pullback due
💎 Holding regardless
20 Stunde(n) übrig