TradingView
MyCryptoParadise
Mar 14, 2024 7:01 AM

CTSI/USDT Breakout Alert! Indicating Continue the Upward Move. 

CTSI / TetherUSBinance

Description

â‹…
💎 CTSI has made a significant breakthrough in the cryptocurrency market by successfully breaking out of the resistance rounding bottom pattern, indicating a bullish reversal movement.

💎 The price is currently undergoing a retest at the support level ranging from 0.354 to 0.324, with the potential to continue its upward movement towards our target area.

💎 However, if CTSI retraces back to the support area and fails to bounce, or worse, breaks down below this level, it could signify a false breakout.

💎 In such a scenario, there is a possibility that the price momentum will reverse, turning bearish and leading to a downward movement, potentially revisiting the demand area or even lower levels.
More