Evening Traders,
Today’s analysis – CTSIUSDT= trading at range low support that has been very well respected,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Resistance
- Low Volume
CTSIUSDT’s immediate price action is trading at a key location being the range low, allowing for a bullish bias.
The range low is in technical confluence with the 200 MA S/R, increasing the probability of a bounce.
The current objective is the range high, exceeding this level will increase the probability of a trend continuation.
Overall, in my opinion, CTSIUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.” ― yvan Byeajee
Today’s analysis – CTSIUSDT= trading at range low support that has been very well respected,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Resistance
- Low Volume
CTSIUSDT’s immediate price action is trading at a key location being the range low, allowing for a bullish bias.
The range low is in technical confluence with the 200 MA S/R, increasing the probability of a bounce.
The current objective is the range high, exceeding this level will increase the probability of a trend continuation.
Overall, in my opinion, CTSIUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.” ― yvan Byeajee
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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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.