Trading idea for CTSIUSDTIt may fall down to support level again, or it may revisit its current resistance level.
CTSIUSDT trade ideas
BUY ZONE CTSI STOCKASTIC/FIB FAVOURABLENOT SO MUCH LOOKING FOR A BOUNCE, RATHER ACCUMULATING MORE (DCA) WHILE AT THIS ZONE
Ascending Bullish triangle Ascending Bullish triangle already broken buying from 0.45 with SL below 0.37 would be enough to go through this scenario toward 1T 0.83 and we will follow up to see if we still target further levels
CTSI is Undervalued fundamentally - Huge supportThe biggest shortage in smart contract/defi crypto space is developers. CARTESI (CTSI) has been working for years and aims to be a layer 2 solution for "existing developers" to build out smart contract with high throughput (ETH ..cough) and low transaction fees. When I say existing developers, I mean all developers that make our other stuff and have done for decades in the real world before crypto.
CARTESI is blockchain agnostic and is extremely welcoming as a workable platform for most of the developers who would not have a frickin clue what Solidity is.
This opens up more development on this layer by default of sheer numbers, similar to why there are more Android developers vs IOS in the mobile phone arena. Now this is still a speculation, but if successful, this is a true game changer. Plus on the technicals, we have side stepped out of a bearish trend and I simply think this project should exist. If not this team, then someone will do it.
I have watched price double, quadruple and settle back down. Now that the Degens are out or have at least settled down I still like what I see. There is a massive market of people actively looking at low cap tokens and I feel retail speculators will drive this token up because they fell in love with the vision (which totally is needed) and the fact anyone can understand what the utility is - IE use case.
I am proudly one of them, so I want at least some exposure if this train pull away.
**Please use proper risk management**
CTSIUSDT next step? good news give good moves->Partnership with IOTA!
->Cartesi to Showcase a Fully Decentralized Poker Game in Partnership with Polygon
CTSI Looks great for the futureCTSI was break the trendline on TF4H, and now waiting closing and retest. Personally I hope CTSI can touch rectangle area because I want buy CTSI from these zone. I still believe CTSI on bullish zone on daily trend, and I think we can see a big move in quarter 3 and quarter 4 2021 because there are many event on that quarter.
Check fundamental CTSI below.
Cartesi LongBuying CTSI here ($0.34)
- Daily trendline ✔️
- Rsi Daily Div ✔️
- Under Value Area ✔️
Observation:
I'm buying before daily close so if it closes below I can cut it with min risk.
Best entry would be closer to trendline level $0.33 and use RSI 52 at daily close to use it as a confirmation that price will bounce from that area.
Target $0.40
CTSI LONG (.60 Cent target)Based on the momentum of the charts and its trend pattern we can hit Target 1: $0.60 then $0.80 then a dollar
CTSI Cup and Handle (long 0.38 take profits at 0.45-0.48)Confluences I see for entering long
1- fib 0.786
2- R1 re-test
3- Neckline Cup and Handle re-test
4- median of horizontal channel
5- 7day EMA also approaching
so R1 retest would be a good long taking profits at R2 and R3
CTSIUSDT 0.50 is possible? 🦐The price is having a nice bull run, and tested the upper trendline of ascending channel. Now the price is testing 4h resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CTSI formed a fractalCTSI formed a cup and handle pattern with another cup and handle pattern in the handle of the former one.
If this isn't bullish, I don't know what is!!!
We are going to the moon.........................
CTSI ready for pumpCTSI is trading smoothly inside the parallel channel. Also created a bull flag with 50MA support.
CTSI/USDT harmonic analyzesas you can see we can manage this with ab=cd analyze and it gonna hit nearly 0.39 and the prz action range is in the 0.39513 to 0.39699 .
wish me luck ;)
CTSIUSDT 25th Jan 2021As I mentioned in previous analysis There is buy potential for it.
At this moment,
the pair is range and the price try to break resistance area of 0.062 post it the CTSIUSDT may moves toward 0.0975or even higher levels.
CTSI/USDT Trying clear more levelsCTSI's been working hard clearing these past resistance levels. Are we going to test the previous ATH soon?
