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Cortex / TetherUS

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CTXCUSDT trade ideas

CTXC - Path to the most profitable mining coinHi guys, the green path in the chart was my previous idea, turns out it should take more time to happen. I do believe in a big retrace yet, BTC is up more then 80% since the bottom, the altcoins didn't follow it and are slow bleeding in each stop BTC takes. Imagine what can happen when (not if) BTC falls 25%~30%, alts will bleed almost 50%. IMO this may be the last bottom, last chance to buy really cheap, in the timeline we can see the next halving is approaching and the next bull run will be time aligned with the last ones. Best of luck for all of us and good trades!
by nikitinha
Cortex (CTXC) - Bullish divergence** Risky, low market capital $40m ** Happy with the risk? Then read on.. On the above 2-day chart price action has corrected an astonishing 80% since early April. A number of reasons now exist to be bullish, including: 1) Price action prints a higher low on past resistance. Look left. 2) Regular bullish divergence. Six oscillators (purple circles) are currently printing bullish divergence with price action. Look left! 3) Volume. I know not what or why but volume has been pouring into this low market project over the year. Someone knows something I don’t, follow the money. 4) The 6-day CTXC / BTC chart (below). 4a) “Incredible buy” signal is printed with following higher low. 4b) Price action breaks out of 3.3 years of resistance! 4c) 8 oscillators are currently printing regular bullish divergence with price action. On this time scale that’s huge. Is it possible price action falls further? Sure. Is it probable? Unlikely. Good luck! WW 6-day CTXC/BTC chart
Long
by without_worries
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