#CTC/USDT
#CTC
We have a head and shoulders pattern on a 4-hour frame, the price moves within it and adheres to its limits well, and the right shoulder has been completed.
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.7300
The first target is 0.7970
The second goal is 0.8770
the third goal is 0.9380
Ctcx
CTCXUSDT analysisBuy 1, buy 2 and moon signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is less than 2, so we should not buy.
2. We can buy at support = 0.01usdt or at the uptrend line (as long as risk/reward ratio is greater than 2)
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.168usdt. It is a very strong resistance, so we must be sure to confirm if the chart breaks resistance.
We can sell at sell1, sell 2 or hell signal for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.