IllyrianTrader

Cartesi CTSIUSDT - A 50 % OPERATION

Long
IllyrianTrader Updated   
BINANCE:CTSIUSDT   CTSI / TetherUS
Hello traders!

This is my trading idea for CTSIUSDT .

Prices needs to close daily above the 200 MA for an extension for the next days. Now we are near the 0.618 Fibonacci retracement.
Possible quick 50 % gains.


But... what is Cartesi ?

According to CMC https://coinmarketcap.com/currencies/cartesi/ :

Cartesi is the first OS on the blockchain, and their Layer-2 solution integrates Linux and standard programming environments to blockchain. This allows developers to code scalable smart contracts with rich software tools, libraries, and services they are used to.

Cartesi bridges the gap between mainstream software and blockchain, welcoming millions of new startups and their developers to blockchain by bringing Linux to blockchain applications. Cartesi combines a groundbreaking virtual machine, optimistic roll-ups, and side-chains to revolutionize the way developers create blockchain applications.

CTSI Overview and Use Cases

CTSI is a utility token that works as a crypto-fuel for Noether.
Stakers receive CTSI rewards by staking their tokens and participating in the network.
Node runners are selected randomly according to a PoS system and gain the right to create the next block.
Users of the network pay CTSI fees to insert data on the side-chain.
CTSI also plays a role with Descartes Rollups.
CTSI will be used by DApps to outsource the execution of verifiable and enforceable computation to entities running Descartes nodes.
Full details can be read on the Cartesi Network and CTSI article.
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