CTXC/BTC - Cortex: BBand_Breakout Resistance_Breakout

◳◱ Dear cryptocurrency enthusiasts, we have uncovered encouraging bullish signals on the CTXC / BTC chart. Our analysis reveals the presence of both a Bollinger Band breakout and a Resistance breakout. The Bollinger Band breakout signifies a potential uptrend as the price has breached the upper band, while the Resistance breakout further validates this trend by surpassing a significant resistance level. Given the convergence of these indicators, it would be prudent to contemplate initiating a long position and setting ambitious targets. It is important to note that key resistance levels are situated at 0.00000523 | 0.00000541 | 0.00000582, with major support zones located at 0.00000482 | 0.00000459 | 0.00000418. However, exercising caution is crucial, taking into account broader market conditions and considering additional technical indicators before executing a trade decision.

◰◲ General info:
▣ Name: Cortex
▣ Rank: 450
▣ Exchanges: Binance, Huobipro, Hitbtc
▣ Category/Sector: Services - AI
▣ Overview: None

◰◲ Technical Metrics:
▣ Mrkt Price: 0.0000052 ₿
▣ 24HVol: 3.798 ₿
▣ 24H Chng: 7.438%
▣ 7-Days Chng: 2.78%
▣ 1-Month Chng: -9.70%
▣ 3-Months Chng: -22.81%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.00000523 | 0.00000541 | 0.00000582
◢ Support: 0.00000482 | 0.00000459 | 0.00000418

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: -2.96
▣ Last 90D: -1.08
▣ Last 1-Y: 0.52
▣ Last 3-Y: 0.81
◲◰ Volatility:
▣ Last 30D: 0.57
▣ Last 90D: 0.87
▣ Last 1-Y: 1.36
▣ Last 3-Y: 2.00

◳◰ Market Sentiment Index:
▣ News sentiment score is 0.82 - V. Bullish
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.44 - Bearish

▣ In-depth CTXCBTC technical analysis on Tradingview TA page

snapshot

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◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.

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