Great triangle about to closeCTSI is a good project which I've forgotten to analyze recently. It had a great performance in Q1 and now is about to complete an asymetrical triangle.
As you can see I've used the Ichimoku Cloud to check if my triangle trendlines were correctly drawn and they are but as you can see price hit a R and formed a bearish candle. A good entry price would be 0.62USDT, you can try set a buy around that price. Volume is increasing so I think the breakout should be close.
BB are tighting up a little bit showing a move is about to come. Hopefully price will go up, but set a stop loss according with your risk management.
Good luck
CTSIUSDT
CTSI/USDT UP TO 100% GAINSHere we see CTSI/USDT forming a triangle.
My buy ins would be within the triangle which we may have a few more days to accumulate.
Currently we are sitting at the 0.618 Fib Level which is a very good signal.
SL- No stop loss at the moment. I would think about a stop loss if we got to as low as the bottom of the triangle. But its up to you.
TP 1 - 1.21 (selling 25% of position)
TP 2 - 1.74( selling 50% of position)
This is then leaving 25% to add to our holdings.
Good luck!
This is NOT financial advice
CTSIUSDT BULLISH SIGNAL UPDATE!As you all know, CTSI is not performing well from last 4 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Happy Trading :)
Good Luck!
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Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
SHORT TERM TRADE CTSI >10%Analysis made by using Fibo Tracement, supported by strong support. In addition, in chart 4 hours, CTSI showing a bullish flag pennant.This allowing us to take profit in short-term as we all knows, before any breakout, chart will move in zig-zag first.
Entry on the support and make sure set TP around the figures that i put!
From the entry until TP will get you around 10%-11% !
CTSIUSDT🌟this alt has recovered the blood it lost, but still didn't shine as much as it could so heads up this one is going to boom again and again
🌟its sideway area wont let it to bearish bias
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DOT: Hidden Bullish Divergence & Parachains PT $80 by JUNE!!!DOT has some clear hidden bullish divergence on the RSI. Notice the higher low on the Daily candles and trading inside the Golden Pocket suggest some major upside is about to occur in DOT.
DOT is currently trading inside the 0.5 and 0.618 Fib Retracement (Golden Pocket) and is the perfect time to start accumulating.
The Technicals on the hourly are also strong with a low, high, higher low, higher high, and higher low that have formed.
Please watch and subscribe to my YouTube Channel! I just posted a 1 hour livestream where I go deeper into the technicals and fundamentals of DOT. I also speak about BNB, INJ, LINK, BTC, OCEAN, RAMP, and CTSI .
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CTSIUSDT - Long SetupHi Traders,
This one is out top performing CRYPTO Coins CTSI and MATIC, and both had little or no impact from recent crash.
Keep an eye out, almost breaking out of structure, and according to our analysis, this will not take a breath to hit targets very soon.
Hope all goes well at your end.
Trade with Care!
CTSI possible move! Hello, I am coming today with an idea on CTSIUSDT pair. Many people made lots of earning with CTSI in the past days as it did a very good move. In the long term I see it quite possible to break the 1$ target and more but meanwhile I am talking about the scenarios possible in the 1h time frame.
FIRST SCENARIO-Most possible one to happen. I see it shorting to the 0.78 and 0.73 area. RSI indicates a bearish movement and as you can see it is forming a downtrend. So a possible move is between the two green lines indicated with the price there. It will form a lower low, so I see it even going more down, which will indicate a good area of entering as I have put in the chart. The next target after that is 0.8$ with a fine percentage win.
Second SCENARIO- The latest support became resistance. It means that it will need to break that in order for us to say that we are seeing a trend reversal. Also it needs to stay above 0.90$ for a while to call it a bullish movement. It also can form a M patter, touching the resistance and not breaking it, moving us again with the 1st scenario. This is not much possible, as the indicators show that a bearish move. Unless a big volume enters the trade, we can see a reversal.
Trade with patience and trade carefully. If you have any comment, you are free to comment. :)