CTXC/BTC (Testing Key Level Support)💎Technical Analysis Summary💎
BINANCE: CTXCBTC
-Cortex is now testing the Key Level of Support
-It is also trading inside a descending channel
-This pattern is Bullish if once the breakout is confirmed
-My recommendation is to wait for proper signal
-As long as the price is respecting the channel
-It will always go lower so please wait until it is invalidated
-The upside potential is up to 1000s sat or higher
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CTXCUSD
CTXC/BTC (Short Term Downtrend?)CTXC/BTC
-Since the drop from 1500 sat and 200D MA
-The price started struggling to get above important support
-Technically, it is on a short term downtrend
-And the key support to be watching is between 829-750 sat range
-If we can see potential reversal signs in that region
-It is will be a high probability of Buying opportunity