CTSI / TetherUSLong
$CTSI will thrive soon, if BTC allows to
My colleague and crypto mentor suggested me to have a closer look at CTSI.
Even though a colossal market dump happened, the CTSI price remained in its upward trend. I predict that it will stay inside this channel and go to the upper side of it in the mid-term.
Based on the Fibonacci retracement tool, our following targets in midterm should be 0.94 - 1.1 - 1.25 - 1.47 - 1.75 - 2 - 2.5
In the short term, we formed a perfectly clear bullish flag with soon to be achieved target at 1.25. It may still be "INVALIDATED BY THE BTC".
The perfect buy zone is on the bottom side of the bullish flag (0.72-0.75) or at a breakout.
SL: 0.7
Setting the stop-loss below the flag so in case of retest, our order won't be triggered.
Even though a colossal market dump happened, the CTSI price remained in its upward trend. I predict that it will stay inside this channel and go to the upper side of it in the mid-term.
Based on the Fibonacci retracement tool, our following targets in midterm should be 0.94 - 1.1 - 1.25 - 1.47 - 1.75 - 2 - 2.5
In the short term, we formed a perfectly clear bullish flag with soon to be achieved target at 1.25. It may still be "INVALIDATED BY THE BTC".
The perfect buy zone is on the bottom side of the bullish flag (0.72-0.75) or at a breakout.
SL: 0.7
Setting the stop-loss below the flag so in case of retest, our order won't be triggered.
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