CARTESI - CTSI/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	CTSIUSD
ISIN:

CARTESI - CTSI/USD - 1H - Technical analysis published on 04/27/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

72%

28%

My opinion

Bullish above 0.212381 USD

My targets

0.224055 USD (+0.96%)

0.235800 USD (+6.25%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CARTESI - CTSI/USD as long as the price remains well above 0.212381 USD. The buyers' bullish objective is set at 0.224055 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.235800 USD. If there is any crossing, the next objective would be the resistance located at 0.291650 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CARTESI - CTSI/USD rating is 0.221928 USD. The price has increased by +13.11% since the last closing and was traded between 0.188132 USD and 0.221930 USD over the period. The price is currently at +17.96% from its lowest and +0.00% from its highest.

0.188132

0.221930

0.221928

Here is a more detailed summary of the historical variations registered by CARTESI - CTSI/USD:

Technical

Technical analysis of this 1H chart of CARTESI - CTSI/USD indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.200065	0.206672	0.212381	0.221928	0.224055	0.235800	0.291650
Change (%)	-9.85%	-6.87%	-4.30%	-	+0.96%	+6.25%	+31.42%
Change	-0.021863	-0.015256	-0.009547	-	+0.002127	+0.013872	+0.069722
Level	Intermediate	Minor	Minor	-	Major	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.182930	0.188065	0.192132	0.197267	0.201334	0.206469	0.210536
Camarilla	0.193670	0.194513	0.195357	0.196200	0.197044	0.197887	0.198731
Woodie	0.182397	0.187798	0.191599	0.197000	0.200801	0.206202	0.210003
Fibonacci	0.188065	0.191580	0.193752	0.197267	0.200782	0.202954	0.206469

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.147214	0.162089	0.190144	0.205019	0.233074	0.247949	0.276004
Camarilla	0.206394	0.210330	0.214265	0.218200	0.222135	0.226071	0.230006
Woodie	0.153805	0.165384	0.196735	0.208314	0.239665	0.251244	0.282595
Fibonacci	0.162089	0.178488	0.188619	0.205019	0.221418	0.231549	0.247949

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.076213	0.166184	0.238892	0.328863	0.401571	0.491542	0.564250
Camarilla	0.266863	0.281776	0.296688	0.311600	0.326512	0.341425	0.356337
Woodie	0.067582	0.161868	0.230261	0.324547	0.392940	0.487226	0.555619
Fibonacci	0.166184	0.228327	0.266720	0.328863	0.391006	0.429399	0.491542

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	60.41
MACD (12,26,9):	-0.0002
Directional Movement:	11.484850
AROON (14):	50.000000
DEMA (21):	0.195885
Parabolic SAR (0,02-0,02-0,2):	0.188478
Elder Ray (13):	0.004589
Super Trend (3,10):	0.191264
Zig ZAG (10):	0.201681
VORTEX (21):	1.0749
Stochastique (14,3,5):	68.53
TEMA (21):	0.197253
Williams %R (14):	-17.23
Chande Momentum Oscillator (20):	0.004641
Repulse (5,40,3):	3.8424
ROCnROLL:	1
TRIX (15,9):	-0.0627
Courbe Coppock:	0.08

MA7:	0.208121
MA20:	0.218689
MA50:	0.278597
MA100:	0.288685
MAexp7:	0.198112
MAexp20:	0.196506
MAexp50:	0.198709
MAexp100:	0.202313
Price / MA7:	+6.63%
Price / MA20:	+1.48%
Price / MA50:	-20.34%
Price / MA100:	-23.12%
Price / MAexp7:	+12.02%
Price / MAexp20:	+12.94%
Price / MAexp50:	+11.68%
Price / MAexp100:	+9.70%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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