CSIXUSDT
CSIX/USDT Primed for a Bullish Momentum? CSIX Analysis💎Paradisers, let's turn our attention to #CSIXUSDT, where recent market movements have led to a breakout from its descending channel pattern.
💎Presently, #Carbon is poised to retest the Bullish Order Block (OB), a zone that previously acted as a supply area. There's a strong possibility that the price could rebound from this zone, propelling its trajectory upward, and aiming for the next hurdle at the bearish OB region.
💎However, if #CSIX fails and descends below the demand zone, we might see a pullback to the Bullish OB vicinity around the $0.061 mark, where it could gather the strength needed for another ascent.
💎The Bullish OB zone has historically been a pivotal point, often leading to significant rebounds upon its test. Yet, if this zone fails to hold, indicating a shift to bearish momentum, the price may seek to establish a new path from a lower stance.
💎In the event that $CSIX doesn't harness the momentum from this or any subsequent level, it could face a continued downtrend. Rest assured, your ParadiseTeam remains vigilant, ready to offer insights and guidance through these intricate market dynamics.
Carbon Browser CSIX Great Chart The Best FundamentalsIf you look at the CSIX chart we can see that we retested support and we are (what looks like it) going to make a big move to the upside over the upcoming weeks.
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Fade at your own risk.
NFA.
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Here the euphoria has been accelerated by 1.5X and perhaps the growth will continue, so you can set the good higher and put a short stop just in case!
Deal plan:
Entry - 0.03434/0.03580$
Stop - $0.03910
Take - level 0.5.
Guys, be sure to monitor your risk management, this is an altcoin that can be too volatile!
CSIXhello traders
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More news updates are on the way
good luck 🍀