💎 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.
💎 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.
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.