CTSIUSDT
CTSI Heading Towards R1Hello,
CTSI Is looking quite difficult right now, the hard resistance to break is at 0.90$ if it breaks ctsi may go higher else retrace back down.
1. price is above daily 20 ma and 200 ma which is good for bullish movements
2. hidden bullish divergence played out at daily timeframe
3. Fibonacci Golden ratio 0.6 has been supported
4. Only the volume is not convincing!
CTSIUSDTthis alt is trapped in a big sideway area in higher time frames which can lead to enormous amount of value gain or loss in theory, but we have other analysis that make us sure the bulls will win this battle and the resistance is going to be break soon
in lower time frames all you see is dipping and losing value and that make most of traders leave this one BUT we know what to do with these situations and get what ever we desire to !
👉this idea has the confirmation of advanced price action
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CTSI buy opportunityI would expect the moving averages to meet again at the green box area and to see an other leg up afterwards. Also RSI should be bouncing from the orange horizontal line. Project is promising and have a lot on their roadmap this year aspecially towards the end of 2021. Also a lot of interest is on cartesi because of its tendency to spike up, so it may or may not reach the box to fill your entries. Maybe buying a small portion here and then buying a bigger portion at the box can be an other strategy not to be left out if it doesn't reach the box before rising again.
Be aware that BTC can disable this idea, the rise will end at some point and we can see a correction from 66 or 69k. Trade at your own risk and make your own calls. Wish you all great gains!
Cartesi LongBuying CTSI here ($0.34)
- Daily trendline ✔️
- Rsi Daily Div ✔️
- Under Value Area ✔️
Observation:
I'm buying before daily close so if it closes below I can cut it with min risk.
Best entry would be closer to trendline level $0.33 and use RSI 52 at daily close to use it as a confirmation that price will bounce from that area.
Target $0.40
#CTSI/BTC Breaking out ready for Potential 85% Rally.Welcome to this quick altcoin setup.
CTSI is breaking out with all the strong fundamentals in the coming few weeks.
Expecting this one to perform well.
Technically it broke out of the triangle showing signs of accumulation at this price level.
ENTRY: 512 TO 540
TARGET:
687
715
845
937
SL : 467
DYOR before taking this trade.
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Thank you
#PEACE
CTSI - $0.7858CTSI is trading above the resistance zone of $0.2845. As long as it is above this support area, we could start seeing a move towards $0.3465, $0.4303, $0.5661, $0.7019 and $0.7858. Failure to hold the support of $0.2845 could lead to a drop towards $0.2107 which would be a good area to long CTSI. CTSI has a good support at $0.2107 and $0.1536.
CTSI is currently trading at $0.303785 with a market cap of $90,588,068. Its 24 hour trading volume was $11,139,359.
CTSI Ascending Triangle*CTSI is forming ascending triangle
*testing previous high level at $0.30
*small cup&handle as well
*as well as above moving averages, price will push until triangle formation near $0.45
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards