FederalDiamond69420

CTSI .5 FIB bounce

BINANCE:CTSIUSDT   CTSI / TetherUS
CTSI is in a downtrend from its peak at the $1.70 level. It has currently struggled to break a downtrend since last week. Retesting the .5 Fib level will give us an indication on the true strength of this coin at the moment. It will also test the symmetrical triangle drawn on the weekly as a main level of support. If we bounce past .618 fib from the .5 , this will show relative strength and indicate a buying opportunity.
Comment:
holding .0 of the FIB, bounce back to .5 fib will be expected

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