Cartesi (CTSI) formed Gartley move for upto 200% bullish rally
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Hi, dear patrons, hope you are well and welcome to the new update on Cartesi (CTSI) token.
On the daily time frame chart, the priceline of CTSI token has completed the final leg of the bullish Gartley and entered the potential reversal zone. There is also 25 SMA in buying zone and the 50 SMA below the buying zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Potential reversal or buying zone: $0.20 to $0.13
Fibonacci projection or sell zone: $0.25 to $0.39
Stop loss:
The maximum extent of potential reversal zone $0.13 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility up to 200%, and the loss possibility is 35%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hi, dear patrons, hope you are well and welcome to the new update on Cartesi (CTSI) token.
On the daily time frame chart, the priceline of CTSI token has completed the final leg of the bullish Gartley and entered the potential reversal zone. There is also 25 SMA in buying zone and the 50 SMA below the buying zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Potential reversal or buying zone: $0.20 to $0.13
Fibonacci projection or sell zone: $0.25 to $0.39
Stop loss:
The maximum extent of potential reversal zone $0.13 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility up to 200%, and the loss possibility is 35%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade