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Cartesi

CTSI/USDT bulish move? 👀🚀 Cartesi today analysis💎It is charting an intriguing path, currently nestled within a demand zone and poised for a bullish ascent. 💎 $CTSI showcases robust support, evident from multiple rejections in this area. Notably, this region features a bullish OB, leading to price rejections due to liquidity dynamics. 💎 Another pivotal element to consider is the existing demand zone coupled with a distinct upward supply zone. These factors collectively hint at a potential bullish trajectory for #Cartesi. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
CTSI (Cartesi) Token Analysis 03/05/2021Our Initial analysis and our first target where we have invested at: Our Second Analysis where we have achieved the 1 and 2 Targets and Proofs that the 3 Target is Confirmed. so we are updating our Analysis and targets: Fundamentals: Cartesi is taking smart contracts to the next level. It is solving the urgent problem of scalability and high fees on blockchains by implementing a variant of optimistic roll-ups. Most notably, Cartesi is revolutionizing smart contract programming by allowing developers to code with mainstream software stacks. Noether is Cartesi's side-chain that’s optimized for ephemeral data, providing low-cost data availability to DApps. What gives Cartesi a competitive edge as a layer-2 and optimistic rollups solution is that it allows developers to code their smart contracts and DApps directly with mainstream software components and Linux OS resources. That represents more than an incremental improvement to decentralized applications. It is a necessary step toward the maturity of the whole blockchain ecosystem. Allowing mainstream programmability means that DApp developers have an entirely new expressive power to create from simple to rather complex smart contracts. It also means opening the doors for extensive adoption of regular developers who have never programmed for blockchain, as they will create decentralized applications with a coding experience similar to desktop or web. CTSI is a utility token that works as a crypto-fuel for Noether. 1.Stakers receive CTSI rewards by staking their tokens and participating in the network. 2.Node runners are selected randomly according to a PoS system and gain the right to create the next block. 3.Users of the network pay CTSI fees to insert data on the side-chain. CTSI also plays a role with Descartes Rollups. CTSI will be used by DApps to outsource the execution of verifiable and enforceable computation to entities running Descartes nodes. The significant Attributes of CTSI 1.Cartesi is a layer-2 infrastructure for blockchains that allows developers to code highly scalable smart contracts with mainstream software stacks on a Linux VM. Cartesi uses a combination of rollups and side-chains. 2.Mainstream programmability: Developers create smart contracts with mainstream software stacks, taking a productive leap from the limited programmability of blockchain-specific VM's to coding with software components supported by Linux. 3.Large scalability: Cartesi enables million-fold computational scalability, data availability of large files and low transaction costs. All while preserving the strong security guarantees of the underlying blockchain. 4.Privacy guarantees: Cartesi allows for decentralized games where players conceal their data and Enterprise applications that run on sensitive data, preserving privacy on DApps. 5.Portability: Cartesi is blockchain-agnostic and will run on top of the most important chains. The current implementations already support Ethereum, Binance Smart Chain, Matic (Polygon), with Elrond coming soon. The most important asset for Cartesi is a team of very strong professionals, researchers and engineers extremely excited to create and implement novelty in the blockchain space. Cartesi is made up of a team that comes from very high profile backgrounds, real-world experience at top companies such as Microsoft Research, and PhD’s from top universities like ETH Zurich and Princeton. The live Cartesi price today is $0.734969 USD with a 24-hour trading volume of $53,339,047 USD. Cartesi is up 15.01% in the last 24 hours. The current CoinMarketCap ranking is #261, with a live market cap of $248,020,810 USD. It has a circulating supply of 337,457,354 CTSI coins and a max. supply of 1,000,000,000 CTSI coins. Technical Analysis: The Token has done its initialization and Accumulation Phase and expressed it initial Impulsive cycles. where as the Price has Triggered the 161.8 (Extension) level of Fibonacci Projection of the initial cycle, which makes the 261.8% a confirmed target To aim at. there exist a Hidden Bullish Divergence of Price and MACD and which is the sign of bullish trend continuation. and acts as a double confirmation of the Specified targets. the support areas are having confluent with past Target and resistance areas and Fibonacci levels. targets are the projection kevels of the same Fibonacci projection.
Long
by BitonGroup
10
CTSIUSD targeting 0.5500 in two possible scenariosCartesi (CTSIUSD) emphatically broke above the 0.382 Fibonacci and is headed for the 0.5 Fibonacci (0.4000). With the 1D RSI massively overbought having almost hit 90.00 three days ago, it is possible to see a pull-back to the 0.236 Fib similar to September 2021. As long the 0.382 Fib holds, we may target the 0.618 Fib at 0.55000, otherwise we would welcome the 0.236 Fib pull-back for a better buy. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:CTSIUSDLong
by TradingShot
3
Nice chartLiking the price action on this coin. Interesting project too, hopefully they can execute. Seeing a lot of accumulation at these levels. This is a good buy-and-hold , but also a good trade. Goal is to enter now, take half off at the next fib level, and ride the rest, mostly for free, taking more profit if it reaches the nextlevel of around 56-57c,. I think this token could reach as high as $5 - $6 in the next bull market. as that's the most logical next level.
BINANCE:CTSIUSDLong
by TheTraderAndy
1
Cartesi Starts To Recover | Easy 80%+ PotentialWe can say CTSIUSDT (Cartesi) has gone full circle after a 94.65% correction and 364 days of bearish action (from ATH to a new multi-year low). Here is the chart: In this same chart we can appreciate 1 week of consolidation after a new low, this low took CTSIUSDT back to August 2020 prices, and then 3 weeks closing green. We have a volume breakout. CTSIUSDT moving above EMA10 and a strong RSI above 50 weekly. This is another altcoin pair that recovers from its bottom and is very likely to grow in the weeks to come. Namaste.
Long
by AlanSantana
4
$CTSI/USDT 12h(#BinanceFutures)Falling broadening wedge breakoutCartesi regained 50MA support and seems ready for bullish continuation, after a last pull-back if we are lucky enough! Current Price= 0.2394 Buy Entry= 0.2173 - 0.1965 Take Profit= 0.2626 | 0.3118 | 0.3520 Stop Loss= 0.1622 Risk/Reward= 1:1.25 | 1:2.35 | 1:3.25 Expected Profit= +26.92% | +50.70% | +70.14% Possible Loss= -21.61% Fib. Retracement= 0.5 | 0.618 | 0.702 Margin Leverage= 1x Estimated Gain-time= 1.5 months Tags: #CTSI #CTSIUSDT #PoS #Staking #L2 #Scaling #SC #Rollup #DApp #DeFi #BSC Website: cartesi.io Contracts: #ERC20 0x491604c0fdf08347dd1fa4ee062a822a5dd06b5d #BEP20 0x8da443f84fea710266c8eb6bc34b71702d033ef2 #AVAXC 0x6b289cceaa8639e3831095d75a3e43520fabf552 #Polygon 0x2727Ab1c2D22170ABc9b595177B2D5C6E1Ab7B7B #Arbitrum 0x319f865b287fCC10b30d8cE6144e8b6D1b476999
Long
by TradingOn
CTSI - wait more for correction to complete, great projectCartesi project is looking to improve smart contracts by solving the issues of high transaction fees and a need for scalability in the Ethereum network. Given the issues on scalability, and the fact that Ethereum 2.0 will likely take some time to achieve, the Layer-2 scaling projects like Cartesi are very popular. Wait for correction to complete and then buy at least for bounce if bull run doesn't continue. This one is volatile!
BINANCE:CTSIUSDLong
by iv41879
Cartesi is now Worth to be Longed 24/02/2021Cartesi is taking smart contracts to the next level. It is solving the urgent problem of scalability and high fees on blockchains by implementing a variant of optimistic roll-ups. Most notably, Cartesi is revolutionizing smart contract programming by allowing developers to code with mainstream software stacks. Noether is Cartesi's side-chain that’s optimized for ephemeral data, providing low-cost data availability to DApps. What gives Cartesi a competitive edge as a layer-2 and optimistic rollups solution is that it allows developers to code their smart contracts and DApps directly with mainstream software components and Linux OS resources. That represents more than an incremental improvement to decentralized applications. It is a necessary step toward the maturity of the whole blockchain ecosystem. Allowing mainstream programmability means that DApp developers have an entirely new expressive power to create from simple to rather complex smart contracts. It also means opening the doors for extensive adoption of regular developers who have never programmed for blockchain, as they will create decentralized applications with a coding experience similar to desktop or web. Cartesi is a layer-2 infrastructure for blockchains that allows developers to code highly scalable smart contracts with mainstream software stacks on a Linux VM. Cartesi uses a combination of rollups and side-chains. Mainstream programmability: Developers create smart contracts with mainstream software stacks, taking a productive leap from the limited programmability of blockchain-specific VM's to coding with software components supported by Linux. Scalability: Cartesi enables million-fold computational scalability, data availability of large files and low transaction costs. All while preserving the strong security guarantees of the underlying blockchain. Privacy guarantees: Cartesi allows for decentralized games where players conceal their data and Enterprise applications that run on sensitive data, preserving privacy on DApps. Portability: Cartesi is blockchain-agnostic and will run on top of the most important chains. The current implementations already support Ethereum, Binance Smart Chain, Matic (Polygon), with Elrond coming soon. CTSI is a utility token that works as a crypto-fuel for Noether. Stakers receive CTSI rewards by staking their tokens and participating in the network. Node runners are selected randomly according to a PoS system and gain the right to create the next block. Users of the network pay CTSI fees to insert data on the side-chain. CTSI also plays a role with Descartes Rollups. CTSI will be used by DApps to outsource the execution of verifiable and enforceable computation to entities running Descartes nodes. there are totally 3TPs which you can capitalize one and if the 2 TP got triggered you ca be sure about the 3 TP too
Long
by BitonGroup
6
Pushing the CARTESICTSI is currently trading just above its long-term support. Although it may be tempting to show a breakout from the current structure, I believe it will continue in its accumulation phase for the short-term. This is due to the lack of stepped formation in its recent breakdown of price (instead a strong red candle formed as seen on the chart). The stepped formation with long wicks would be a good signal for a CTSI breakout (as seen in previous breakouts). A great entry point would be between the 0.59 - 0.61 range. A good entry would be between 0.61 - 0.65. Remember, the idea is cancelled if a daily candle closes below the support. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Always DYOR and please feel free to leave a comment with your thoughts!
Long
by kush23456
2