CTSI / BitcoinUpdated Wait & watch
After last positive analysis, CTSI has fallen back into his downtrend falling wedge pattern.
Best buy for us would be when we breakout with volume out of this wedge which is indicated with a green rectangle box.
Alternatively, accumulation range would be between 150-250 sats from which we can expect a upward movement confidently.
Regards
Best buy for us would be when we breakout with volume out of this wedge which is indicated with a green rectangle box.
Alternatively, accumulation range would be between 150-250 sats from which we can expect a upward movement confidently.
Regards
Trade active
Trying to break out of the 4 step downward parabolic curve formation, The volume is there but i would personally be weary to enter the trade when BTC is at the crucial juncture of 10k.
CTSI needs to break 417sats to break from the primary resistance of the curve.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.