Market insights
Cartesi: Diamond In The Rough (415% - 689% Bullish Potential)Cartesi has been playing with a long-term support recently and we know that Cryptocurrency trading pairs tend to grow from support.
How you are doing in this quiet Sunday?
Here we can see the same support range functioned as a bottom in November 2022, being activated again in August 2024 (long-term higher low) and again in September 2024 (short-term higher low).
This support range also became active in June and August 2023 preceding the recovery rally bullish wave.
This is now a very strong support and remains valid and we can see growth from this level because the pair is trading fairly low. Once we hit bottom, there is no other place left to go but up.
The fact that we have reversal candles when we reach this range; Doji August 2024, long lower wick current session, indicates that buyers are ready at these prices.
Knowing this, we can be part of the buyers group and positions ourselves for the soon approaching higher prices.
Finding the bullish within the bearish.
We are seeing pairs going sideways, some going down while others are strong up. It is a big mixture, but if we look carefully we can find the diamond in the rough.
Namaste.
Market Ananlysis from Classical method - price actionPrice action - the classical method of analyzing the market. So here at CTSIUSDT pair 15 min chart timeframe ,which is perpetual binance futures chart, the market was almost at its support area when i took a trade at exact price of 0.1284 ...
The market was previously in a uptrend and it broke the resistance zone, which i drew as the purple zone. Then the market made that zone as a support and continued the rally of uptrend.
When the market was making some sustainable candles close to the support zone, i went for the trade and set the stop loss at just below the support level at price 0.1273
Now, the question is, how far it can go to the upward direction?
I used the classical Fibonacci Retracement tool to find this out. Considered the last swing wick to wick levels. The market went exactly for the strong level 2.618 and respected the resistance level.
I am taking trailing profits. Just took 40% shares profit at 2.618 level and also set the stop loss little bit higher. Hoping for the market to go for 0.1320
-Asif Hassan Risan
13 september,2024
CTSIUSDT.1DAfter examining the CTSI/USDT daily chart, here’s a detailed first-person analysis:
The price action since March 2024 reveals a pronounced downtrend, followed by a phase of consolidation since June. As of the latest data, the price has made several attempts to stabilize above $0.0990 (Support 1, S1), which appears to be a critical juncture for the asset.
Support and Resistance Levels:
Support 1 (S1) at $0.0990 seems to be the immediate floor, below which the price tested the $0.1014 low in the recent past.
Resistance 1 (R1) at $0.1558 and Resistance 2 (R2) at $0.1762 represent significant obstacles. R1, in particular, is crucial as the price has rebounded off this level several times, indicating strong selling pressure.
Technical Indicators:
The Moving Average Convergence Divergence (MACD) shows a very slight convergence above the signal line, hinting at a potential increase in bullish momentum, although the signals are weak given the proximity to the zero line.
The Relative Strength Index (RSI) is at 49.47, which is near the neutral 50 mark. This indicates neither overbought nor oversold conditions, suggesting that the price might continue to oscillate without strong momentum in either direction.
Current Price Situation: The current price, approximately $0.1302, is positioned between S1 and R1. This placement gives it room to test resistance again, especially if buyer momentum increases. The recent lows around $0.1014 and highs near R1 suggest a range-bound market in the short term.
Concluding Strategy: Given the present indicators and price action, I would adopt a cautious approach. Watching for a definitive break above R1 with increased volume could be a sign to consider a long position, potentially targeting R2. Conversely, a break below S1 might signal a bearish continuation, in which case I would consider exiting any long positions and possibly looking at short opportunities, with a strict stop-loss just above S1.
Trading in such a scenario should be responsive to further confirmations from MACD and RSI changes. Keeping an eye on broader market sentiment and any forthcoming news that could affect CTSI will also be vital to adjusting this strategy appropriately.
CTSI Update & Analysis in a Weekly Timeframe.Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
CTSI has hit the lower support and rebounded as expected. With the current price at $0.1377, CTSI is likely to respect the lower support and rally toward the resistance trendline.
The Stochastic RSI remains in the oversold range, and a reversal is expected soon.
- Lower Support: $0.098.
- Resistance Trendline: $0.294.
- Long-term Target: $1.75 (All-Time High).
- Invalidation Point: A breakdown and close below the lower support level.
DYOR, NFA.
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#PEACE
CTSIUSDTHM Triangle BO v1.0 spotted. Looking good with previous wave down with increasing volume and momentum.
- BOS (Breaks of Structure) at @ 0.1351-0.1357 level
- Trending slow and steady if able to hold below the BOS level
It is at extremely good reward to risk level if able to break up the upward trendline.
2298% ROI on CTSICartesi (CTSI) is one of my favourite coins in which I believe because of their technology and community. It is decentralized infrastucture that supports Linux and mainstream software components. There are apps on their Blockchain OS like Creol, Simracer Coin, Dakai Locus etc. Also you can find prototypes for games like Texas HODL'em Poker and Creepts. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 3,4,5. Small portion will be sold on Target 1,2 and 6.
Entry Zone: 0.119 – 0.1412
Buy Zone : 0.046 – 0.06
Target 1: 0.483 – 0.532 (251%)
Target 2: 0.781 – 0.846 (472%)
Target 3: 1.09 – 1.16 (703%)
Target 4: 1.66 – 1.74 (1117%)
Target 5: 2.46 – 2.59 (1709%)
Target 6: 3.22 – 3.36 (2298%)
CTSI Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
CTSI has broken an important support trendline in the weekly timeframe. The price is down 70% from its previous local high of $0.4625 and is likely to drop 30% more if the downtrend continues.
CTSI has maintained a long-term strong horizontal support at $0.098 and will most likely continue to do so in the upcoming days.
The Stochastic RSI indicates bullish momentum, potentially pushing the price to reach the primary resistance level at $0.207 (Previous Support).
To reach its all-time high level, CTSI needs to increase by approximately 10x from the current market price, which will indeed be challenging.
- Lower Support: $0.098.
- Primary Resistance: $0.207.
- Higher Resistance: $0.422.
- Invalidation Point: A breakdown and close below the lower support level.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Unveiling CTSI: The Hidden Gem with Incredible Trade Potential#CTSI/USDT #Analysis
Description
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+ The price has reached its long-term support line, but a reversal has not yet been observed.
+ If the weekly candle closes above our support line, we can expect a possible reversal.
+ We will enter a new long trade after this weekly candle closes, but only if it closes above the support line.
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VectorAlgo Trade Details
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Entry Price: 0.1612 (after weekly candle close above support zone
Stop Loss: 0.12
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Target 1: 0.2094
Target 2: 0.2742
Target 3: 0.3946
Target 4: 0.5870
Target 5: 0.9243
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
CTSI/USDT is potential revisit the demand before back to upward!💎 Paradisers, CTSI is indeed demonstrating intriguing movements that merit close attention.
💎 The successful breakout from the descending channel suggests bullish momentum for CTSI. Currently, the price appears poised to test the demand area around 0.195, which could serve as a launching pad for a significant upward movement, aiming to retest the supply area around 0.279.
💎 If CTSI manages to break above the supply area at 0.279, it could pave the way for further upward movement, potentially reaching our target strong resistance area.
💎 However, it's crucial for CTSI to bounce from the demand area to maintain bullish momentum. A failure to do so, and instead showing signs of consolidation or weakness, could lead to a breakdown below the demand area, signaling a potential continuation of the downward movement. In such a scenario, the price may revisit the key support area around 0.1515.
💎 When CTSI reaches the key support area, it's essential for it to bounce back and reclaim the price above the demand zone to sustain upward momentum. Failure to do so could signify a bearish trend shift, potentially resulting in further downward movement.
💎 Traders should closely monitor CTSI's price action around these key levels and adjust their strategies accordingly. A break below the key support area, confirmed by a daily candle close below it, would invalidate the bullish scenario and could lead to continued downward movement.
MyCryptoParadise
iFeel the success🌴
CTSI/USDT in the crucial area is required to bouncing from here!💎 The recent market dynamics surrounding #CTSI have indeed been quite notable. Currently, the price is at a critical support demand area, where a bounce is necessary to sustain upward momentum.
💎 If the bounce proves to be valid, the next hurdle is breaking out of the descending channel. Achieving this would facilitate continued upward movement, potentially leading to a test of the next resistance level and ultimately reaching the strong resistance area.
💎 However, if CTSI fails to bounce from the demand area and instead breaks below it, this could signal a bearish momentum. Such a scenario could lead to continued downward movement, with the price likely to decline further.
💎 It's essential for CTSI to successfully bounce from the demand area to maintain the bullish momentum. Failure to do so could result in a bearish trend, potentially leading to further declines in price.
MyCryptoParadise
iFeel the success🌴
CTSI/USDT Breakout Alert! Indicating Continue the Upward Move.💎 CTSI has made a significant breakthrough in the cryptocurrency market by successfully breaking out of the resistance rounding bottom pattern, indicating a bullish reversal movement.
💎 The price is currently undergoing a retest at the support level ranging from 0.354 to 0.324, with the potential to continue its upward movement towards our target area.
💎 However, if CTSI retraces back to the support area and fails to bounce, or worse, breaks down below this level, it could signify a false breakout.
💎 In such a scenario, there is a possibility that the price momentum will reverse, turning bearish and leading to a downward movement, potentially revisiting the demand area or even lower levels.
CTSI/USDT bullish reversal from key support? 👀 🚀CTSI analysis💎 Paradisers, get ready for an electrifying trading journey with #CTSIUSDT, now stationed at a pivotal support zone, hinting at an imminent market turnaround.
💎 An exploration of #CTSI recent movements reveals struggles to break past the resistance at $0.3825, suggesting potential bearish signals. However, preparations are underway for a bullish leap from the support at $0.3011, with sights set on overcoming future resistance hurdles.
💎 If the drive behind $CTSI begins to wane, we're prepared to witness a spirited resurgence from the key support level at $0.2523. Yet, a descent beyond this essential threshold could signal the onset of a more pronounced bearish trend.
CTSI/USDT I BUY SETUP✔︎📈 BINANCE:CTSIUSDT SIGNAL
✔︎ENTRY : 0.4068
🏓TARGETS :
✔︎T1 : 0.4319
✔︎T2 : 0.4570
✔︎T3 : 0.4880
✔︎Long term T4 - T5
✘STOP : 0.3817
🚦Stop Trigger:
• If you make capital management: Stop is activated when one candle opening and closing
below the stop level of the same time frame of the signal.
• If you don't make capital management: Stop is direct without waiting for the candle to close.
💡Risk management :
• Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
• Sell (25% to 50%) on (T1) and don't move your stop-loss.
• Sell 50% on (T2) and move your stop loss to the entry point.
• You are safe now, and the next 25% is up to you.
💡Reason for this trade:
BINANCE:CTSIUSDT gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- failure swing point
2- retrace previous weekly low
• Opposite side targets:
1- buy side liq
2- pervious monthly high
💡Entry setup
1- reclaim mid range
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
CTSI After 2 Successfull Trade Here is The Third One## CTSI Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Cartesi (CTSI):** A blockchain platform enabling developers to build secure and scalable dApps (decentralized applications) with Linux capabilities.
* **Launched:** April 2018.
* **Market Cap:** ~$325 million (as of Mar 3, 2024).
* **Rank:** #200 on CoinMarketCap.
* **Unique Features:**
* **Linux Runtime:** Enables developers to use familiar tools and languages (e.g., Python, Java) for building dApps.
* **Optimistic Rollups:** Scalability solution to handle large transaction volumes and lower gas fees.
* **State Channels:** Secure off-chain computation for dApps requiring privacy or complex calculations.
**Recent News:**
* **Feb 23, 2024:** Cartesi announces roadmap for 2024, focusing on developer experience and ecosystem growth.
* **Feb 15, 2024:** Cartesi integrates with StarkNet Alpha for Layer 2 scaling.
* **Feb 10, 2024:** Cartesi releases roadmap for its decentralized oracle network, The Bridge.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* CTSI price has seen moderate growth recently (+13.8% in the past week).
* The recent news highlights Cartesi's focus on developer adoption and scaling solutions.
* As with any cryptocurrency investment, carefully consider the risks involved before investing in CTSI.
I hope this information is helpful! Let me know if you have any other questions.






















