CTSIUSDT - Tight Tight 👀I'm watching CTSI for many days and it's up to something! We are making this range so tight that soon a big move will happen! I anticipate that it will break bullish because we came from an upward movement.
But a stop loss is always needed in case the trade goes against you!
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CTSIUSDT trade ideas
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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Cartesi (CTSI) formed Gartley move for upto 82% bullish rallyHi dear friends, hope you are well, and welcome to the new update on Cartesi (CTSI) token.hourly time frame
Previously we had a good trade of CTSI token.
This time on a 4-hourly chart, the priceline of CTSI has formed a bullish Gartley pattern.
CTSI bullish Scenario CTSI price needs to close above 50 cents and confirm the support only then we can think of go higher. Possible supports and resistances are mentioned in the chart. Look out for these areas while trading. Good Luck!
Disclaimer: not a financial advise. This is only for educational purposes.
CTSIUSDT Price Action| Trend| Range Low| Range High Evening Traders,
Today’s analysis – CTSIUSDT= trading at range low support that has been very well respected,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Resistance
- Low Volume
CTSIUSDT’s immediate price action is trading at a key location being the range low, allowing for a bullish bias.
The range low is in technical confluence with the 200 MA S/R, increasing the probability of a bounce.
The current objective is the range high, exceeding this level will increase the probability of a trend continuation.
Overall, in my opinion, CTSIUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.” ― yvan Byeajee
CTSIUSDT Supply and Demand ZonesReality Check:
Investing/Trading is a Zero-Sum Game and based on the greater fools theory if you are not buying dividends. You buy because you seek a profit,** just like the person who sold the stock to you** - the equity stock market and the real world are not correlated to each other but a believed correlation there of.
Once understood, there is more value in knowing how your competitors/other market participants think and act. It's only logical to then track the big players and or the crowd when they are accumulating and distributing.
Risk Management, the reason you stayed **in the Game** is a Minus Sum Game, more than 60% at minimum lose money investing/trading. Having a 10% Loss takes a 12.5% Profit to go breakeven, a 90% Loss takes a 900% Profit to go breakeven.
Risk Management Principles:
1) Assume being wrong until proven correct
2) Add on to Winners, BUT treat them as individual positions
Imp. Metrics:
1) Action/Inaction Ratio for Research = The shorter the Timeframe the less research you make to not miss out, the longer the timeframe the longer the timeframe
2) The more you investigate, the less you have to invest
3) There is never an easy time to make a tough decision
White Lines:
Watch MS and reevaluate to either add on or close pos.
Use RM Principles.
$CTSI will thrive soon, if BTC allows toMy colleague and crypto mentor suggested me to have a closer look at $CTSI.
Even though a colossal market dump happened, the $CTSI price remained in its upward trend. I predict that it will stay inside this channel and go to the upper side of it in the mid-term.
Based on the Fibonacci retracement tool, our following targets in midterm should be 0.94 - 1.1 - 1.25 - 1.47 - 1.75 - 2 - 2.5
In the short term, we formed a perfectly clear bullish flag with soon to be achieved target at 1.25. It may still be "INVALIDATED BY THE BTC".
The perfect buy zone is on the bottom side of the bullish flag (0.72-0.75) or at a breakout.
SL: 0.7
Setting the stop-loss below the flag so in case of retest, our order won't be triggered.
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!