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Ctsi

CTSI breakout-retest of key-area // Continuation soon?$CTSI has been moving quite a lot lately and has been making strong moves in the market. It started with a simple higher timeframe falling wedge, which we once mentioned a few weeks ago. It started breaking out and moving to the upside quickly. It is most important to state that this move led the market and not just caused by the upwards moving market. This clearly indicates a strong potential base of buyers and investors interested in this asset's low prices. After breaking above the key-area of resistance, it went for a small consolidation period and made its final push to the next key-level above, which was the final stop for this successful swing. Currently, CTSI has retraced back into the broken key-area of resistance and is consolidating there. Should a strong move to the upside happen soon, it will take a successful S/R flip, enabling the next higher swing for it. Looking at technical indicators such as the MKAST Algorithm, one can clearly identify a bearish condition, which has been going on for quite a while now. It is fully understandable since there were no strong breakouts or impulsive moves to the upside after the rejection. Nevertheless, it could be switching to a bullish condition very soon again. The MKAST Index is surprisingly low and at 0/15 points, which is marking a clearly oversold condition. Such a strong indication of the Index at a key-area, which is about to be turned into support, is absolutely the best scenario this asset could have. The downside seems very limited, and the upside practically unlimited. A D1 close below 0.03550 would invalidate the bullish bias.
Long
by KongTrading
#CTSI/BTC C& H Breakout 114% + Potential PROFITWelcome to this quick update everyone. BTC Dominance is falling and this is a good opportunity to trade some altcoins. CTSI is amonG the coins which haven't pumped much yet. Currently it is breaking out of a Cup and Handle Pattern. It also broke out of the long term Falling wedge pattern. It also broke above 21D MA 50D MA and 200D MA. ENTRY : 245 TO 271 Targets : 321 351 383 481 571 Stop Loss : 227 Do your own research before investing Please hit the like button if you like my work and share your views in the comment section. Stay safe #PEACE
Long
by Cryptorphic
3
CTSI / BTC - Cartesi: W Pattern forming within a WConfirmed above the middle of either W shape (double bottoms forming on the short and long term charts) displayed above, with projected targets upon confirmation, stretch targets if the larger double bottom plays out. Edit/Correction to chart: TP1 should be at the top of the solid small W instead of what's shown on the chart (approx 350 sats). That area on the chart should actually be what we need to get passed to confirm the pattern
Long
by dudebruhwhoa
CTSI Adam & Eve Pattern + Next Target At 155%+CTSIBTC is now mid-way through printing the Adam & Eve bottom reversal pattern... When this pattern shows up, any correction is likely to reach its end before the pair resumes its growth. The next target is marked here on the chart at 155%+. Chart Signals for CTSIBTC by Alan Masters Prices moving above EMA10 and EMA21. Volume breakout. MACD moving above the Signal line (bullish cross) with histogram going green. Strong RSI. This is another setup that looks pretty straight forward but is starting to look strong. If CTSIBTC goes above EMA50, expect a strong bullish jump that hits our target or even more. Namaste.
Long
by AlanSantana
1