đ $CTSI is showing a potential technical setup!
The weekly chart displays a prolonged macro downtrend forming a multi-point descending structure with a potential bottom base near current levels around 0.0276.
đ The Technical Setup:
⢠The Pattern: Descending Falling Wedge / Macro Bottom
⢠Short-term Target: 0.0720
⢠Macro Objective: 0.2000
⢠Market Structure: Potential Reversal
đŻ Key Levels to Watch:
⢠Support / Accumulation Zone: 0.0200 - 0.0270
⢠Resistance: 0.0720
⢠Breakout Level: 0.0300
⢠Stop Loss / Invalidation: 0.0180
đ Confirmation:
⢠Volume: Neutral/standard volume
⢠Momentum: Base formation after extended decline
⢠Trend: Macro downtrend testing key accumulation zone
â ď¸ Invalidation:
A decisive weekly close below the 0.0180 support zone invalidates this potential setup.
CTSI is forming a potential macro bottom base; patience is required for confirmed breakout continuation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#CTSI #crypto #BinanceSquare #tradingview #TechnicalAnalysis
The weekly chart displays a prolonged macro downtrend forming a multi-point descending structure with a potential bottom base near current levels around 0.0276.
đ The Technical Setup:
⢠The Pattern: Descending Falling Wedge / Macro Bottom
⢠Short-term Target: 0.0720
⢠Macro Objective: 0.2000
⢠Market Structure: Potential Reversal
đŻ Key Levels to Watch:
⢠Support / Accumulation Zone: 0.0200 - 0.0270
⢠Resistance: 0.0720
⢠Breakout Level: 0.0300
⢠Stop Loss / Invalidation: 0.0180
đ Confirmation:
⢠Volume: Neutral/standard volume
⢠Momentum: Base formation after extended decline
⢠Trend: Macro downtrend testing key accumulation zone
â ď¸ Invalidation:
A decisive weekly close below the 0.0180 support zone invalidates this potential setup.
CTSI is forming a potential macro bottom base; patience is required for confirmed breakout continuation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#CTSI #crypto #BinanceSquare #tradingview #TechnicalAnalysis
