For CTSI, there's been a beautiful W1 impulse from the bottom. After some nice action, gravity has come for some payback, and with that break back under the major resistance line confirms a correction.
a sharp pullback to .382 will present a nice ST trade opportunity (fib, VWAP and channel support). A break below the bottom of W1 will invalidate.
W3 will likely extend to the 1.618, which coincides with the same structure as the ETH chart. So we should see some nice action once ETH gives the nod. We're only a few hours behind here on CTSI at the moment it seems.
W2 bottom (green box) is a buy for investors or traders, I don't expect to see these levels again.
Will we reach 20$ at the end of this year?( based on your previous analysis)
ptero1492
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@Raminpetro, Sure, the fibonacci-based targets are still strong and in place. (the chart targets you reference are still good imo)
The hard part is that nobody knows what timing is like nowadays with lengthening cycles. If you are patient there will be great money made in 2022, watch out for a huge mid-year correction (march maybe), where I plan to sell and then re-buy stocks and alts. I will post here as things develop, but I hope we can discuss taking profits at some point in maybe 3 months!
Raminpetro
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Thank you so much bro. I love you ,because of giving positive energy to me with your analysis 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻❤️❤️❤️❤️