After the crash of today CTCX did a 50% retrace and is now finding itself just below the 618 level of the previous insane pump.
We did hit a double bottom at the previous resistance of 0.55 so there might be some nice short term continuation to possibly for a second lower high as most of these alts do after such runs.
Target, possibly at 90 cents for a 50% gain
CXTCUSDT trade with big volume has potential to go up again around 78% fib level to 361% fib level to achieve 300% growth.
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$CTXC broke out descending resistance zone, and ready to head up toward resistance zone between $0.32 and $0.37 (50%)
break out from this resistance will take the price up to touch $0.71 and maybe $0.79 (260%)
break below $0.13 will invalid this analysis.
** Risky, low market capital $40m **
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On the above 2-day chart price action has corrected an astonishing 80% since early April. A number of reasons now exist to be bullish, including:
1) Price action prints a higher low on past resistance. Look left.
2) Regular bullish divergence. Six oscillators (purple circles) are...
The price has been moving sideways for almost 3 months now, and got rejected from 0.24 level multiple times. It's easy to notice, that the current price action is very similar to accumulation that had place in October-November 2020. Just like in the past, the price is soon going to get squeezed between the dynamic support and horizontal resistance (0.24), and will...
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Hi dear friends, hope you are well, and welcome to the new update on Cortex (CTXC). At the moment we are at the start of buying zone and there is a distance of 33% from the stop loss, but i think this trade has the potential to produce a big profit after such a perfect Gartley formation.
On the 2-week time frame chart, CTXC has formed Gartley pattern...
Welcome to this analysis about CTXCUSDT, we are looking at the 1D time frame perspectives.
Support and resistance ranges are specified.
Information provided is only educational and should not be used to take action in the markets.
thank you for watching the analysis.
In general price movement in the Box range and it will rebound back when touch the ground.
The bullish symmetrical triangle should be formed in an ongoing uptrend and the prices should breakout from the upper trend line.
Hi dear patrons, hope you are well, and welcome to the new update on Cortex (CTXC). At the moment we are at the start of buying zone and there is a distance of 33% from the stop loss, but i think this trade has the potential to produce a big profit after such a perfect Gartley formation.
On the 2-week time frame chart, CTXC has formed Gartley pattern....