#Ctsi
The price has been moving in a descending triangle since April 2022
It adheres to its limits to a large extent, and we are now on the verge of breaking it higher
With upward momentum supporting this
And strong support areas
Current price 0.2272
First target 0.2855
Second target 0.3665
Third target 0.4545
BINANCE:CTSIUSDT.P
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 0.5% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.
Risky pick but if holds here might bounce quick and continuation will be mighty and RR from here looks good.
Longing here from 0.2080.
Stopping if holds below 0.2040.
Might nuke down too so I'll definitely put a safe stoploss at 0.2030
Note: Not a Financial Advice.
Charted this out couple weeks ago and it played out the wedge as I assumed it would. HOLDING THE .786 FIB will make $2 by end of month possible. If not I see CTSI breaking down too the .5 FIB which needs to be held if this coin will be anywhere in this bull run. The wedge of this coin on the weekly is insane so now the direction this coin now realize on the...
You may notice that CTSI has moved within a very distinct channel for the last year or so. By drawing Fibonacci channels, we can identify a few strong support/resistance levels.
I drew an entry zone which may be your only chance of getting in early before a potential run towards a 10 USDT valuation. Based on these channels, I'm confident in saying that CTSI...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
Hello,
CTSI Is looking quite difficult right now, the hard resistance to break is at 0.90$ if it breaks ctsi may go higher else retrace back down.
1. price is above daily 20 ma and 200 ma which is good for bullish movements
2. hidden bullish divergence played out at daily timeframe
3. Fibonacci Golden ratio 0.6 has been supported
4. Only the volume is not convincing!
