As you all know, CTSI is not performing well from last 4 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
Market/ BTC CRASH
Happy Trading :)
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Here we see CTSI/USDT forming a triangle.
My buy ins would be within the triangle which we may have a few more days to accumulate.
Currently we are sitting at the 0.618 Fib Level which is a very good signal.
SL- No stop loss at the moment. I would think about a stop loss if we got to as low as the bottom of the triangle. But its up to you.
TP 1 - 1.21 (selling...
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Everything on the chart.
open pos: on break out 0.85
target: 1 and 1.15
after first target reached move ur stop to breakeven
stop: ~0.7 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
Good luck everyone!
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The price is in an ascending triangle, which is a bullish sign. EMA50 and the floor of the triangle are acting as strong support. The price has been in an accumulation phase. Call me crazy but my target is 1.618 FIB extension. B Bands are well-prepared to showcase expansion. Send it!
Trade the breakout only.
Expecting a rally of Potentially 130% or less
target are mentioned
triangle usually hit the target when breakout.
keep in mind trade if only BTC remain stable or sideways
Analysis made by using Fibo Tracement, supported by strong support. In addition, in chart 4 hours, CTSI showing a bullish flag pennant.This allowing us to take profit in short-term as we all knows, before any breakout, chart will move in zig-zag first.
Entry on the support and make sure set TP around the figures that i put!
From the entry until TP will get you...
I'm watching CTSI for many days and it's up to something! We are making this range so tight that soon a big move will happen! I anticipate that it will break bullish because we came from an upward movement.
But a stop loss is always needed in case the trade goes against you!
Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from...