π CTSI has certainly grabbed the spotlight in the cryptocurrency market. Presently, CTSI has shown a textbook-perfect bounce from its retesting phase at a demand area, which previously acted as a supply zone.
π This bounce indicates a strong possibility for CTSI to continue its upward trajectory, probability achieving new higher highs and reaching the targeted area within the bearish OB zone.
π However, if CTSI struggles to surpass its previous high peak, there's a chance that its price might retreat back to the demand area to gather momentum for another push. In this scenario, it becomes crucial for CTSI to show resilience and bounce back from this demand area. Failure to do so could result in a break below this level, with the next significant support zone being at approximately 0.1780.
π This support area at 0.1780 represents a critical juncture for CTSIβs bullish trend. If CTSI were to break below this last line of support, it could signal a shift in market sentiment from bullish to bearish. Such a development could potentially drive CTSI into a downward spiral, leading it back to a stronger support area.
π This bounce indicates a strong possibility for CTSI to continue its upward trajectory, probability achieving new higher highs and reaching the targeted area within the bearish OB zone.
π However, if CTSI struggles to surpass its previous high peak, there's a chance that its price might retreat back to the demand area to gather momentum for another push. In this scenario, it becomes crucial for CTSI to show resilience and bounce back from this demand area. Failure to do so could result in a break below this level, with the next significant support zone being at approximately 0.1780.
π This support area at 0.1780 represents a critical juncture for CTSIβs bullish trend. If CTSI were to break below this last line of support, it could signal a shift in market sentiment from bullish to bearish. Such a development could potentially drive CTSI into a downward spiral, leading it back to a stronger support area.
Trade closed: target reached:
Nailed it again - #CTSI is up 161.84%, right on cue!
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ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV