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kordate
Nov 10, 2021 3:08 PM

CTSI Mid-Term 1100% Growth potential Long

CTSI / TetherUSBinance

Description

You may notice that CTSI has moved within a very distinct channel for the last year or so. By drawing Fibonacci channels, we can identify a few strong support/resistance levels.

I drew an entry zone which may be your only chance of getting in early before a potential run towards a 10 USDT valuation. Based on these channels, I'm confident in saying that CTSI is still a very early buy. However, I suggest waiting until CTSI hits its newly-formed support.

I also drew a blue channel representing CTSI's short-term movement. As you can see, it has had some difficulty breaking through that mid-range resistance.

What do you think of this analysis? Let me know!
Comments
Blackjackdz
it is starting
kriptolaneti
it will spend lots of time at the bottom of the channel.
kordate
fafalini
@kriptolaneti, why do you think ?
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