Market insights
CTSI recovery pathLast time we looked for a bottom much higher than at this point. Clearly we were expected to be worn out by this sell off in the broader markets, we could have been trapped at many point on the way down.
As long as the BTCETH chart looks well, we should plan accordingly.
What we see now is a real tangible recovery in the market, and if we want to leverage that we can choose an ALT with a track record of out-performing.
IMO now is the time, but, there should be stops in place for those taking positions.
W4 correction could be ending (not confirmed, need a higher low)
W5 yet to play out, typically targets 0.618 extensions from the bottom of W1
Cycles matching quite nicely
A break of 0.5 could be explosive, indicating a small lag for accumulation here being a good opportunity (WITH STOP ORDERS ATTACHED)
Only corrective rally upwards, and then more downsideAs you can see, not every coin is bullish or has a structure ready for a new bullish cycle.
For CTSI, we expect a corrective rally upwards for corrective wave (B), and then more downside for wave (C). Hence be careful and choose your altcoins to trade or invest wisely.
Not every coin is bullish. Some are in corrective phase.
CTSI Breakout and Retest on 4hCartesi broke the long time falling resistance and made a retest on 4h. It looks like a good opportunity to jump in. The price is very cheap compared to its ATH. It gives 35% APY on binance if you stake it. Cartesi is one of my favourite projects and I believe 2022 will be a good year for it because of the coming mainnet and constantly working team. They are continuosly making new collaborations, making bridges with other chains. If you are not going to be a holder please use stop loss and have one eye on BTC.
Please leave a comment about your opinion of cartesi or the market in general. I wish good trades/investments to us all.
CTSI repeats history? more than 100% gain potential?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 other Alts i have a good feeling about the upside. But anything can happen please wait for confirmed breakout.
Like always this is not financial advise and crypto is high risk investment because of its super high volatility.
Cheers! Happy trading
CTSI/USDT TRADE SETUP! BULL FLAG BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CTSI/USDT trade setup. CTSI looks bullish here.
Breaking out from the bull flag like structure in 2hr time frame. Buy some and add more in dips.
Entry Range:- $0.588-$0.598
Target1:- $0.64
Target2:- $0.72
Target3:- $0.78
Target4:- $0.84
SL:- $0.568
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
CTSI Target Hit - Bottom is in?- AWAITING BOTTOM CONFIRMATION -
Nice setup imo for a trade to the top of W3 and a long tail wick rejection to 0.6205. The sell target box (red) lies at the 1.618 retracement of W0-1 and has been brought forward from the last post. Could be a nice 50% pop before late Jan pullback.
Further downside to .382 is possible as there is a strong confluence of support there and would be a more typical level for retracing a W1. We're good at levels here, not timing so patience and good risk management is key.
I want to see more confidence on the bottoming before I play ball. Such as:
Positively divergent lower low on MACD and or RSI (both is best) on a higher time frame (2 or 4hr is enough)
a confident break above the grey trendline
CTSI correctionFor CTSI, there's been a beautiful W1 impulse from the bottom. After some nice action, gravity has come for some payback, and with that break back under the major resistance line confirms a correction.
a sharp pullback to .382 will present a nice ST trade opportunity (fib, VWAP and channel support). A break below the bottom of W1 will invalidate.
W3 will likely extend to the 1.618, which coincides with the same structure as the ETH chart. So we should see some nice action once ETH gives the nod. We're only a few hours behind here on CTSI at the moment it seems.
W2 bottom (green box) is a buy for investors or traders, I don't expect to see these levels again.
CTSIUSDT is testing the resistanceThe price got a rejection from the 4h resistance and bounced on 0.382 Fibonacci level and the market created an Engulfing candle on it.
the buyers are pushing the price on the 4h resistance.
IF the price is going to have a breakout of 4h resistance we could apply our rules in order to pen a new long position with a very nice risk-reward
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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.
CTSI/USDT TRADE SETUP! 60% PROFIT EXPECTED FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CTSI/USDT trade setup. CTSI looks bullish here.
Breaking out from the falling wedge and retest is done. Now ready to go upward. Buy some now and add more in the dips.
Entry range:- $0.66-$0.7
Target1:- $0.77
Target2:- $0.86
Target3:- $0.99
Target4:- $1.1
SL:- $0.59
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!






















