✳️ Cartesi | Classic Bullish Signals (Bull-Market All-Time High)

Feb 12

Let's look at Cartesi long-term vs Bitcoin - CTSIBTC- and where prices are likely to end at the next market peak.

First, let's look at some classic signals:

➖ Long-term higher low (clearly depicted on the chart).
➖ Strong RSI (a reading of 58).
➖ Trading above EMA10 and EMA50 (weekly timeframe).
➖ Bottom formation, a cup pattern (this same pattern appeared before the 2021 bull-run)

These are the classic signals.

Mainly three targets can be seen on the chart:

➖ 200% (short-term)
➖ 300% (short, mid-term)
➖ 650%+ (long-term)

While the chart shows a potential new All-Time High at 4,444 satoshis, the next peak can go even higher and hit as high as 7,777 sats. This is based on one of the systems that I use to project future potential targets.

That's all for this pair.

Enjoy your week.

Namaste.