After a long time of downtrend, i believe we might see some potential gains to come.
If not, we are heading into new alltime lows on Centra.
Let's see what you all think.
I would like to remind you im not a financial advisor and that I do not commit to the purchase or the sale and that these analyzes are for informative and / or educational purposes, you are master of your capital and discharge me consequently of what you make of it....
In these days I entered CTR BTC (binance), having the possibility of a nice up to 19k
a good entry is on 14.5k-15k
Tp : 17k, 19k
Sl : 13k
What do you think about it?
Centra seems to rally when BTC is dipping so as BTC starts approaching the 8/9k range we should see a small run up towards the resistance lines.
Probably won't break through but should be a nice gain from current price of 14,800 sats.
Target here is the ascending purple resistance line meeting the green triangle descending arm which is circled about 21,476 sats....
$CTR has been steadily working it's cup and handle pattern and in fact is working on the handle for it's inner cup as we see in so many coins with this pattern. the Elliot wave pattern confirms it's time to move up again after this handle. Looks like they have a wallet update coming today so I expect a little more buzz around it and a pop to continue the pattern.
![CTRBTC: Centra [CTRBTC]](https://s3.tradingview.com/e/EMddN2ND_mid.png "Centra [CTRBTC]")
