Ctsi
ctsi preparing for massive recovery seems like has already bottomed and finally preparing for solid recovery in coming weeks
formed multi year symmetrical triangle in 2 days timeframe and testing 2 trendlines at same time and expecting massive breakout soon incase of successful breakout expecting move towards 1$ in coming weeks
🔥CTSI Is At The Bottom...STILL: TOP ALTCOIN ON BINANCE🚀Cartesi broke the massive 2-years triangle and ready to blow up. The test of the triangle as the support only confirms it.
The targets are on chart. It can take few months but it worth it🚀
💥 Check my other trading plans where altcoins haven't shown such rapid growth as well.
like❤️ and follow
CTSIUSDT.4HBased on the provided market data, the cryptocurrency CTSI is currently priced at 0.1486 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days is 60.92, 48.43, and 51.56 respectively. These values indicate a slightly overbought condition in the 4-hour timeframe, and neutral conditions in the 1-day and 7-day timeframes.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days is -0.0004, -0.0010, and -0.0017 respectively. These values indicate a bearish trend in all three timeframes. The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 0.1502, 0.1785, and 0.1698 respectively, indicating a relatively stable price movement.
The support levels for 4 hours, 1 day, and 7 days are 0.1458/0.1388/0.1333, 0.1407/0.1362/0.1320, and 0.1396/0.1223/0.1091 respectively. If the price drops, these are the levels at which we might expect a rebound. The resistance levels for 4 hours, 1 day, and 7 days are 0.1519/0.1548/0.1657, 0.1556/0.1657/0.1785, and 0.1951/0.2072/0.2801 respectively. These are the levels that the price needs to break through for a bullish trend.
In conclusion, the market data indicates a bearish trend in the short term, but the relatively neutral RSI on the 1-day and 7-day timeframes suggests that there may not be a strong momentum in either direction. As always, it's important to consider these indicators along with other market news and trends when making trading decisions.
CTSI Looking nice with good chartCTSI UPDATE: Another good chart that caught our attention this morning is CTSI…. CTSI is currently looking nice as it break daily trendline but facing daily resistance and it will be a big move if it breakout on daily TF…. I’m watching to see a clear flip in bullish before considering taking a nice long…. Keep in watch for nice gain
Follow for more market update
CTSI/USDT bullish scenario? 👀 🚀 CTSI Today analysis💎 Paradisers, turn your attention to CTSIUSDT as it showcases intriguing movements, potentially gearing up to revisit its support and set the stage for a bullish ascent.
💎 Historically, CTSI has been oscillating within a defined range, with the .1254 mark acting as a pivotal support. There's a strong likelihood that CTSI could embark on a bullish journey right from this point.
💎 However, should it breach this level, the next significant support to watch out for is at .1201. We're bullish about its potential to rally from this juncture.
💎 Additionally, with untouched supply zones overhead, we anticipate the price to challenge and possibly mitigate these levels in the upcoming period.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
CTSI IS BEARISH (4H TF)By checking the status of the chart, we can see that the CTSI is falling.
It has reached below the dynamic resistance line and mCHs are continuously observed in the internal structures (substructure).
CTSI is expected to drop the two announced targets.
No trade in digital currencies is without risk, so make sure to reduce the risk as much as possible before trading.
I specified the invalidation level, closing 2 four-hour candles above this level will violate the analysis
CTSI/USDT Crucial Zone. Break the resistance or Rejected again ? 💎 CTSI is undeniably on our radar. Currently, it's at a pivotal resistance point within an ascending triangle. Historical data reveals the strength of this resistance, as CTSI has made multiple attempts to breach it without success. For a confirmed bullish trajectory, CTSI needs to successfully break through this resistance.
💎 However, if CTSI fails to surpass this resistance once again, it might retrace to the ascending triangle's support trendline. At this juncture, it's crucial for CTSI to find support and rebound. Failing to do so and closing a candle below this trendline could signal a downward move for CTSI, potentially heading towards the primary support zone or even the critical support level.
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
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.
CTSI analysis (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CTSI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
where to next?Being looking at CTSI for a while and this looks like a symmetrical triangle, which means it could go either way
However looks like RSI supports the move upwards
so I am gonna wait for a break out then place the trade
of course keep in mind after a break out there might be bull traps.
if we going long then 0.25 is the first place
if it doesn't break upwards and we go back down and it breaks downward then we are looking at 0.11
I will update with what my trade will look like soon
CTSI Buy/Long Setup on 1H TF (Swing)Elliott Wave 1-5 has been plotted and we are waiting for an ABC correction pattern. However, a BoS and CHoCH have been plotted as well. We can take a risky LONG here with the retracements for our planned take profits as follows:
🚪Entry: Current price
💰Trade: Cross 10-15x (2% of capital)
⛔SL: 0.2255
🎯1: 0.2592
🎯2: 0.2660
🎯3: 0.2757
🎯4: 0.2881
CTSI New UpdateHi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the CTSI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You