CTSIBTC trade ideas
CTSI/BTC - Long - Potential 22%CTSI/BTC - Long - Potential 22%
LENGTH: Medium
RISK - Medium
Exchange: Binance
ENTRY: 480-485
TP1: 530(8%)
TP2: 548 (12%)
TP3: 570 (17%)
TP4: 598 (22%)
SL: 440 - (-11%)
NOTES:
- Uptrend
- Bullish Candle off support
- Support Rejection Candles
- Support/Resistance Flip
- Strong news credentials
- Oversold on RSI
$CTSI* $5 Million market cap. Smallest one among IEOs
* BTC pair is only on Binance.
* Touched the trend line 4 times. Bounced from last trend line.
* Moving in a parallel channel.
* RSI confirms the up trend.
* StockRSI is bullish on 12HR time frame
* Double bottom on 4 HR time frame worked and it bounced
* Bullish MACD cross on 4HR time frame
* Has similar chart structure with SOL, so it can pull a SOL.
* Can go crazy when the price discovery starts
* Strong Fundamentals
* Partnered with MATIC
* Building scalable DApps with #Linux operating systems
* Off-chain complex computations
* Blockchain security guarantee
* Significant cost reductions
* Cartesi SDK will be releasing soon
* POS prototype before 30th of September
* Mining on mainnet before 1st of December
* Binance will probably announce a trading competition
* Lost Gate.io listing competition but It will surely be listed More exchanges.