CTSIUSDT trade ideas
#CTSIUSDT Trading plan!Hi friends!
The coin has been accumulating energy since September, the last 2 months the price has been pushed towards a strong mirror level.
I will buy on the breakdown of the 0.06348 level!
I expect a good upward movement.
Stroke potential + 40%
✔ Do not forget to trade using your own trading system and with stops!
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✳️Cartesi/USDT Analysis (19/1) #CTSI $CTSISince September until now, CTSI has fluctuated around $0.05 and made this area become a strong support zone and it could push the CTSI up in the near future.
Just conquering $0.06 zone, CTSI will surely increase to $0.1 zone and can continue its upward trend to the ATH price zone at $0.15.
📅NEWS
👉Mar 31 : Cartesi Roll-ups
👉Mar 31 : Infrastructure
👉Mar 31 : Side Chain Testing
👉Jun 30 : Data Ledger Testnet
👉Jun 30 : Infrastructure Migration
👉Jun 30 : Sidechain Real Usage Test
👉Jun 30 : Side Chain Testnet
👉Sep 30 : Data Ledger Mainnet
📈BUY
-Buy: 0.05-0.052$. SL if B
-Buy: 0.057-0.06$ if A. SL if B
📉SELL
-Sell: 0.096-0.1$. SL if A
-Sell: 0.145-0.15$. SL if A
♻️BACK-UP
-Sell: 0.05-0.052$ if B 0.045$. SL if A
-Buy: 0.033-0.035$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
CTSIUSDT bounced on weekly support 🦐CTSIUSDT bounced on weekly support, and now the price is testing daily resistance. IF the price will have a breakout and turn the daily resistance into daily 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 BUY When Breakout ConfirmedCTSI CTSIUSD CTSIUSDT
Red -> Green
Context: Green
Trade close manually when: the above ribbons turns Yellow or better Red.
I appreciate your like or comment. Welcome to share your idea here.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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.
CTSIUSDT - Long - Potential 11.31% CTSIUSDT - Long - Potential 11.31%
Trade Link:
Enter- 3000
TP1- 3160
TP2- 3348
SL- 2809
Triggers;
- Bullish Ex. Pivot
- Bullish Future Pivot
- Big candle rejection
- Bounce off lower regression channel
- Bullish volume coming in
Notes;
BTC is gathering momentum again and ALTs are regaining volume - better trading conditions
Trailing Buy, TO & SL recommended