CETUS: The Smart Investment for Short-Term Growth! (12H)Since we placed the red arrow on the chart, the CETUS correction has begun.
It seems to be a double correction, with two diametric patterns—one butterfly and one diamon. connected together.
Currently, we appear to be in wave f of the diamond diametric. Once the correction completes and reaches the green zone, wave g could finish.
We’ll need to see if after wave g, we have wave x, wave h, or a post-pattern movement!
The targets are marked on the chart. A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CETUSUSD
I expect CETUS to continue rising to $0.15.Hello everyone!
Today, I want to continue with the idea about CETUS. The asset successfully reached the 0.382 Fibonacci level, bringing in a 58% profit. Now, we can expect a continuation of the upward movement towards the final target at the 0.618 Fibonacci level, resulting in a total profit of 109%.
I consider it advantageous to enter a position after breaking and holding above the 0.382 Fibonacci level, with subsequent profit-taking at $0.092 (+28%) and $0.115 (+60%).
This is not financial advice; everything you do is at your own risk!
Cetus Protocol has good investment potential.Cetus Protocol. A new project positioning itself as a DEX to provide liquidity for the SUI and APTOS blockchains.
It was listed on major exchanges in May of this year.
For me, the project is an investment opportunity.
As for trading, I suggest looking at the chart. Currently, a local uptrend support line and a strong resistance level around $0.045 or 0.236 on the Fibonacci scale have formed on the chart.
If this level is broken and sustained above it, I expect the continuation of the uptrend movement to the 0.382 Fibonacci level or $0.071, a significant increase of 58%.
Profit can be partially locked in around $0.0558.
This is not financial advice, and everything you do, you do at your own risk.