Cartesi (CTSIBTC) is moving just like we said the altcoins would move.
As Bitcoin, Ethereum and Ripple took a hit and move lower to test their first support, the smaller capped. altcoins are waking up bullish and starting to grow.
Here for CTSIBTC, we can see really high volume, bullish indicators, and prices moving above EMA50.
We look at EMA10 as the indicator to know if a pair has the potential to go down or up... And we look at EMA50 to know if there is room for additional growth.
Once prices move above MA200, that's when we need that the bulls are strong.
CTSIBTC just conquered the first two barriers, EMA10 and EMA50. Signaling that the trend can change in the coming weeks.
First, we saw prices dropping... Then we saw some accumulation take place. And now we will see higher prices as we witness the next bullish wave.