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Apr 19, 2023 1:57 PM

CTSIUSD targeting 0.5500 in two possible scenariosΒ Long

CartesiCRYPTO

Description

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Cartesi (CTSIUSD) emphatically broke above the 0.382 Fibonacci and is headed for the 0.5 Fibonacci (0.4000). With the 1D RSI massively overbought having almost hit 90.00 three days ago, it is possible to see a pull-back to the 0.236 Fib similar to September 2021. As long the 0.382 Fib holds, we may target the 0.618 Fib at 0.55000, otherwise we would welcome the 0.236 Fib pull-back for a better buy.


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Comments
SwallowPremium
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What do you think will there be any action this week?
Gold-Tech
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Interesting explanation, I support you and agree with your idea)
laytonrhit
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There’s a token unlock this Sunday in case no one knows, otherwise expect the pullback and then something big is happening πŸš€πŸš€
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