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AlanSantana
Feb 12, 2024 11:58 AM

✳️ Cartesi | Classic Bullish Signals (Bull-Market All-Time High) Long

CTSI / BitcoinBinance

Description

Let's look at Cartesi long-term vs Bitcoin - CTSIBTC- and where prices are likely to end at the next market peak.

First, let's look at some classic signals:

➖ Long-term higher low (clearly depicted on the chart).
➖ Strong RSI (a reading of 58).
➖ Trading above EMA10 and EMA50 (weekly timeframe).
➖ Bottom formation, a cup pattern (this same pattern appeared before the 2021 bull-run)

These are the classic signals.

Mainly three targets can be seen on the chart:

➖ 200% (short-term)
➖ 300% (short, mid-term)
➖ 650%+ (long-term)

While the chart shows a potential new All-Time High at 4,444 satoshis, the next peak can go even higher and hit as high as 7,777 sats. This is based on one of the systems that I use to project future potential targets.

That's all for this pair.

Enjoy your week.

Namaste.
Comments
MyCryptoParadise_Nathan
its in the good level to put small positions size on it
RLinda
You have a good approach, Technically, the coin is in the stage of forming an intermediate bottom, but the confirmation of the end of this process may be the transition of the price into a new range: 0.00000830 - 0.0000120

But I don't like exotic cryptocurrencies))))))
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