Hi Guys, This is super exciting time for CTSI. Several indicators point to a bullish breakout 1) breakout of falling wedge pattern 2) RSI is super strong. Similar pattern was seen the past. Look at the marked yellow RSI regions. 3) MACD is also bullish similar to past pattern. Many of you have including me been patiently waiting for this moment. Please cash out...
Howdy folks, Something is brewing for ATOM. I see two possible scenarios. 1) bullish pattern break will have more than 50% gain potential 2) bearish pattern break will have 20% downward movement MACD looks bullish. Ichimoku cloud also suggests bullish breakout These are uncertain times anything can happen. Wait for the confirmation. Not financial advice Cheers
Howdy folks, BTC is looking bullish right now. From the daily charts its clear: 1) broke the ascending triangle pattern 2) MACD looks very bullish 3) RSI is strong There is easy 50% gain potential from now. Next retest around 60k. Hang on tight! These are uncertain times anything can happen. This is not financial advise. Cheers!
Guys, current war situation is very unfortunate. Wondering how this will affect the markets down the lane. But, from the Technical analysis perspective BTC is looking super bullish. It broke the resistance at 50-day SMA. MACD is again approaching zero. The ichomoku cross combined with green cloud is a bullish signal. Having said this anything can happen. Keep...
This chart is pretty much self-explanatory. The Step1, 2 are pretty much the same patterns 200 MA and 50 MA are at same positions MACD shows a similar pattern RSI is showing similar strength Do you guys think the crash affect the crypto market? Please share your thoughts in the comments section. Not financial advice.
The Daily chart shows an inverse Head and Shoulder pattern which is trend reversal pattern (bullish signal) The MACD is above 0 (bullish signal) RSI seems to be strong Having said this we might see a downturn to around 40K or even 38K before we see it bounce back to 58K support level This is not financial advise.
Hi Folks, These are exciting times. I just see BTC breaking from the key resistance levels (50 MA and fib numbers). This is generally a good signal for strong uptrend. This is a very good buying opportunity. The MACD is approaching zero strongly suggesting a trend reversal. The RSI divergence also provides trend reversal signal. Please wait for MACD to...
I have been following CTSI 1D chart frequently. I see a pattern that repeated itself several times in the past. I have highlighted a few of them in the chart. It shows a steady accumulation and then a sudden increase in volume and price. I see a similar pattern emerging now. If this pattern repeats we can expect atleast 100% gain potential. Looking at BTC and...
Hi Guys, In my previous post, several indicators pointed towards a bearish trend. But like I always caution to wait until confirmed breakout, this is a best example of that. Markets are super volatile right now and tend to have a several mixed signal. use caution while trading. 1) Now the MACD turns positive 2) the raising wedge breaks positve 3) RSI show...
Hi Guys, Its been pretty volatile week for entire crypto market. In the 4h time chart I see BTC breaking raising wedge patter (bearish signal) MACD is -ve now (bearish signal) RSI is below 40 (bearish signal) these signals indicate more pain is on the way before BTC bounces back. Hold tight folks. Always use caution while trading. Cheers!
Ascending triangle pattern is generally a positive sign for a positive breakout but rarely can also break downwards. I would wait until I see a clear breakout. Other Alts also showing similar pattern. Trade carefully, markets seem to be very volatile anything can happen. Cheers
Ascending triangle generally is a sign for a positive breakout. But in rare case can go down. I would wait until I see a positive breakout before taking a long position. RSI shows a steady increase which shows bulls in play. MACD is near zero; Watch out for this to be positive. Happy trading. Cheers
Several indicators pointing to a breakout. I am expecting atleast 20% gain potential 1) Wait for MACD to reach 0 for confirmation 2) Divergence on RSI show a good indicator for positive breakout 3) Symmetric triangle shows early signs of a break out. But i would wait until its confirmed This is not a financial advise always use caution while trading Cheers!
Looking at the current landscape. More pain might be along the way. 4h chart shows a descending triangle pattern (bearish signal). Brace yourself guys. Not a financial advisor. Crypto is a risky investment. Thank you
1D Chart formed a Head and Sholders pattern (a bearish signal). The MACD is below zero. RSI is weak and formed a divergence. below 20% as marked in the chart could be good buy point in the future. Always wait for confirmed break point. Not financial advise. Trade at your own risk Have a good day!
BTC is looking bullish. The following indicator provide a strong bullish signals 1) Falling wedge patters indicative of a trend reversal 2) RSI divergence supports trend reversal 3) The price is moving away from lower bollinger band close to the moving average. MACD is still away from zero but all the other indicators provide a bullish signal. Always wait for...
1) Descending wedge pattern shows a confirmed breakout 2) wait for the volume to increase 3) wait for RSI divergence 4) the big green candles away from lower Bollinger band gives a bullish signal not a financial advise use caution while trading Enjoy!
1) The falling wedge pattern shows the price might rebound to 70k 2) Need to wait to see if the volume increases 3) Also wait until you see a RSI divergence not a financial advise. Enjoy!