Let's look at Cartesi long-term vs Bitcoin - CTSIBTC- and where prices are likely to end at the next market peak.
First, let's look at some classic signals:
➖ Long-term higher low (clearly depicted on the chart).
➖ Strong RSI (a reading of 58).
➖ Trading above EMA10 and EMA50 (weekly timeframe).
➖ Bottom formation, a cup pattern (this same pattern appeared before the 2021 bull-run)
These are the classic signals.
Mainly three targets can be seen on the chart:
➖ 200% (short-term)
➖ 300% (short, mid-term)
➖ 650%+ (long-term)
While the chart shows a potential new All-Time High at 4,444 satoshis, the next peak can go even higher and hit as high as 7,777 sats. This is based on one of the systems that I use to project future potential targets.
That's all for this pair.
Enjoy your week.
Namaste.
First, let's look at some classic signals:
➖ Long-term higher low (clearly depicted on the chart).
➖ Strong RSI (a reading of 58).
➖ Trading above EMA10 and EMA50 (weekly timeframe).
➖ Bottom formation, a cup pattern (this same pattern appeared before the 2021 bull-run)
These are the classic signals.
Mainly three targets can be seen on the chart:
➖ 200% (short-term)
➖ 300% (short, mid-term)
➖ 650%+ (long-term)
While the chart shows a potential new All-Time High at 4,444 satoshis, the next peak can go even higher and hit as high as 7,777 sats. This is based on one of the systems that I use to project future potential targets.
That's all for this pair.
Enjoy your week.
Namaste.
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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.