BINANCE: CDTBTC -Blox is now testing major support at 61 sat area -This zone is also a confluence of previous support and resistance -Plus the 200D MA dynamic support coincide around this area -If CDT can hold this area and BTC doesn't fall further -There is a chance of an upside correction up to 90 sat potential resistance -Ideal stop loss is set below 59...
CDT/BTC -broke above 200MA on the 6H chart -huge bullish volume is present -upside target is up to 70 sats -stoploss below 47 sats
CDT/BTC CDT is trading within the trendline support at 46 sats area. This is a good potential bounce play if CDT can hold this current price levels in the coming few days. The upside target is up to 90 sats and stop-loss below 39 sats.
CDT/BTC CDT is back at key support and testing it for the 3rd time now. If the price can hold this level as support again, I expect a potential bounce up to the down-force resistance for another retest. Otherwise, fail to hold this important support will cause massive selling pressure.
$CDT is in accumulation phase and showing clear bullish divergence on daily MACD. It has a working product, decent PPT and great supply/price ratio. Green - buy. Red - sell. It's not a financial advice. Trade carefully and good luck!