CTSIUSDT Descending Triangle on Daily Chart.
Setup for Long on CTSIUSDT using Descending Triangle Pattern.
There's a 5x Tested Support Holding at 0.12940, I see a rejection at 0.14600 taking place, Pushing Price downward to liquidate All the Longs at the 0.12940 Level. After Support Breaks we can 1. Long Lower low or 2. Wait for Confirmation from a Higher Low. Overall it's highly unlikely that we won't break the 5x repeated support imo.
Tp's at past major Resistances. Min R = 2R, Max R = 13R. (10% Initial Risk)
There's a 5x Tested Support Holding at 0.12940, I see a rejection at 0.14600 taking place, Pushing Price downward to liquidate All the Longs at the 0.12940 Level. After Support Breaks we can 1. Long Lower low or 2. Wait for Confirmation from a Higher Low. Overall it's highly unlikely that we won't break the 5x repeated support imo.
Tp's at past major Resistances. Min R = 2R, Max R = 13R. (10% Initial Risk)
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