Ctsi
Cartesi Breaks Falling Wedge (Short-Term Move)CTSIBTC just broke above resistance and is starting to gain momentum.
I've marked the next short-term target on this chart.
Cartesi (CTSIBTC) Chart Signals
Here we can notice the volume bars going green and becoming bigger, there can easily be more growth.
EMA10 is moving above EMA50.
We also have a strong RSI.
Prices can go straight up as shown by the green arrow.
Conditions for change
On a drop, support can be found around 0.00000333.
Thanks a lot for reading.
Namaste.
CTSI still 100% Potential for me so I am buying#CTSI/BTC Current Update:
Current price is 520 Satoshi.
first time I booked 20% profit from #CTSI and now again Open Fresh Setup.
#CTSI Now Trading at Strong Support level 500-520 Satoshi and the Lowest ever.
so I am buying again at 510-520 Sat and Remember any candle close bellow support level 500 satoshi then I will exit with Small loss.
Risk Reward= 1:5
Mean Loss is 1% and Profit is 5%.
S: 500 sat
R: 617/746/853 Sat
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CTSI Bullish Chart update in short time frame#CTSI/BTC Chart Update:
current price is 534 Satoshi.
#CTSI TA looks bullish and retesting and we can expect Strong upward bounce from here.
Target is Given in Chart.
Resistance = Targets.
but if Candle close bellow Support then ready for New Low Around 400 Sat.
Safe trade with Stop loss.
Support: 500 Sat
Resistance: 623/708/823
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#CTSI/BTC Long for 60%+ Potential Profit Welcome to this short update guys.
#CTSI was dumped to the 500 level hitting my SL at 529. But I bought back around 511 and sold at 590 625 and 633 RECOVERING MY LOSSES and also booked decent profit.
This could be Risky Trade guys. Reason being this is a new project and no historical data on charts.
Currently we are seeing dumps from the initial Investors who bought Cartesi IEO. As soon as the weak hands are done we must see some positive price action in Cartesi.
I bought more around 540 right now and will buy more between..
ENTRY RANGE: 504 to 535
TARGETS Are:
590
676
752
811
Stop Loss will be 490 sats.
Stay tuned for more Updates and hit the like button if you like my work.
#Peace
CTSI/BTC 20% up within few hour after broke out Falling Wedge#CTSI/BTC profit update:
current price of CTSI is 594 satoshi.
#CTSI now 20% up from our lower entry.
broke out the Resistance and now Uptrend.
support: 520 sat
Resistance: 746/853.1041 Sat
Still we can expect uptrend and expect good returns in coming days.
but always put tight Stop loss.
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CTSI/BTC 40% potential in Short Term #CTSI/BTC Short Update:
Current Price is 554 Satoshi.
#CTSI now bounce back from 539 Support.
strong Support: 520-530 Sat
entry: 520-550 sat
Stop loss: candle close bellow 510 sat
Targets: 746/853/1041 Sat
Also Waiting for breakout upward side 600 Satoshi.
If breakout this then Easily we can see 40% profit from here.
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#CTSI Ready to Pump after Dump?Hello everyone welcome to this short update.
I think CTSI could pump any time.
Falling wedge+ Bullish engulfing.
The weak hands have sold I guess after the ICO and the whales have been buying lately.
I have accumulated #CTSI within the range 550 to 640..
Right now you can take this trade p\and placing an SL at 525.
ENTRY: 550
Targets:
1. 600
2. 670
3. 756
STOP LOSS: 525
Please hit the line button if you agree.
#Peace
Hight risk on short term for CTSI / USDT pair Hello everyone, This new coin as always, enter with a traditional hight volume during its first hour and first day. It was pretty risky to buy in due to fondamentals (the token was sell for 0.015 USDT) but, due to the hight volumes, was pretty fun to scalp. AS we can see, we can begin to do a small analysis in short term : i personally start to put a fib retracement on the big candle where the token go from its selling price to the height of 0.09750, and we can start to see a small correlation with the fib levels and some reaction from buyers/ sellers who create resistance and support from those levels.
Fib levels appart, we can obviously see a bearish trading range with hight indecsision of the market, where the price drops every time it hit the top of the trading range resistance. That main resistance create actually in my opinion, the biggest challenge for the price to go highter. if the price drops after rejecting again on the bear trend resistance, its possible that we can expect again, a drop of 12%, that will likely push the price to the 0.04650 fib level retracement, and will luckly give us a bottom if the price show some entry signal (low RSI on 30mn chart, oversod AROON indicator, and a price breaking the resistance).
From indicator side, the RSI is still too hight for a almost safe entry in my opinion, Aroon show some indecision from buyers and sellers (no oversold, and no overbuy), volume are decreasing from 20 Million to 5 million from yesterday, but the CCI show good sign but its in my opinion a buy trap due to other indicator and the chart who show verry bearish sign.
In conclusion, in my opinion, because of the chart and indicators, im still verry bearish on this trade, until we hit the possible new short term bottom of the 0.04650 fib level. Any entry before we broke upward the channel or hit that botom level, are really dangerous, with a possible 12% drop risk, keep in mind the token was sale to 0.015 and its verry bottom still this price.
not a trading advice, im just sharing idea. I apologise for the bad english.
Cartesi (CTSI) New Binance Add! Project OverviewAbout Cartesi
Cartesi is building an operating system for dApps. The project enables complex and intensive computations run in a Linux environment, outside the blockchain, without compromising decentralization. Cartesi aims to make dApps significantly more powerful, cost-effective, easier to develop, and portable. The goal is to bring mainstream productivity to developers and a satisfying experience for users.
Source: coinmarketcap.com
Website: cartesi.io
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There is no chart data/history for this one, so anything is possible now.
Normally new "add" to exchanges tend to go negative but there can be exceptions and this can vary when the market is in a bullish cycle.
We have a rule not to trade without the right tools.
We don't trade on blank charts as we have no idea where the support and resistance levels are found.
What's your take on this project?
Namaste.