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CTSI / TetherUS PERPETUAL CONTRACT

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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 ––––– 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.
Long
by InkyGrip
6
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.
Long
by KongTrading
CTSIUSDT AnalysisAt this moment, there are 3 SELL signal present and I'm BEARISH . So, I don't think this is a good time to buy yet. If you want to buy again, we have 3 different options. 1- You can wait for EngineeringRobo's BUY signals to be present, 2- You can wait for candles to open-close above resistance level (0.052) for 1D to buy, 3- You can buy when candles touching the support line (0.027) After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
by EngineeringRobo
1
CTSI/USDT (Retest Key Support Area)BINANCE: CTSIUSDT -CTSI is now back at previous support and resistance area -This is also a retest from Sep 5th support bounce -It is a potential Double Bottom plus Bullish descending channel -But until the trendline resistance is broken up the Bears are still in control -I recommend waiting for proper breakout confirmation -Before deciding to open a Buy position `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
4