CTSI/BTC (Bear Flag Confirmed)💎Technical Analysis Summary💎
BINANCE: CTSIBTC
-CTSI broke the key support area at 400s sat
-And confirms the daily Bear flag pattern
-If the Bears can send another follow-through
-The price could test the swing low support at 300s sat
-Please don't try to catch a fallen knife
-Wait for proper reversal confirmation
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CTSIUSDT
CTSI/USDT (Retest Key Support Area)BINANCE: CTSIUSDT
-CTSI is now back at previous support and resistance area
-This is also a retest from Sep 5th support bounce
-It is a potential Double Bottom plus Bullish descending channel
-But until the trendline resistance is broken up the Bears are still in control
-I recommend waiting for proper breakout confirmation
-Before deciding to open a Buy position
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Not Financial Advice
Please Exercise Risk Management
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CTSIUSDT ANALYSISBuy this coin at the support line ($ 0,03744) sell at the resistance line ( $ 0,10601) or sell with the EngineeringRobo ' s sell signal
It is not good idea to hold this coin you should have sold this coin between $ 0,0055 - $ 0,0052
Unfortunately EngineeringRobo gave Sell 1 & Sell 2, Bear, Hell and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
Have a good trade If you want to use EngineeringRobo please dm me.
CTSI/BTC (Bearish Rejection)CTSI/BTC
-After a strong rejection last August 18
-The price has declined by over -40% from the High
-It also painted a Bearish reversal candle
-Currently, CTSI is trading on a downtrend
-If this downward movement continues
-It will likely to test 612 sat area
-Demand zone is likely located in the green line
-Have your alert set to monitor this coin next week
CTSIUSDT ANALYSISAccording to analysis with **EnginerringRobo's signals;
Unless you have CTSI, you wait that horizontal line(0.05705) turns the support line. These days, the candles are stuck between dashed trend line and horizontal line(0.05705). When the candles open and close above the horizontal line, you may buy it.
CTSI/BTC 48% profit and still solid uptrend#CTSI/BTC TA Update:-
#CTSI Now 40%+ up from our entry price.
I update you when price dowb till 330 Satoshi to add more #CTSI
Hope you happy with Profit.
After broken Inverse Head & Shoulder pattern i can expect more upward rooms.
But if you happy with 48% Profit then you can Book profit partially.
Support :- 426/370 Satoshi
Resistance:- 619/700 Satoshi
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