CARTESI - CTSI/USD
CARTESI - CTSI/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: CTSIUSD
ISIN:

CARTESI - CTSI/USD - 1H - Technical analysis published on 09/09/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.142067 USD
My targets
0.147400 USD (+1.45%)
0.156567 USD (+7.75%)
My analysis
The bullish trend is currently very strong on CARTESI - CTSI/USD. As long as the price remains above the support at 0.142067 USD, you could try to benefit from the boom. The first bullish objective is located at 0.147400 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.156567 USD as an objective. Crossing it would then enable buyers to target 0.208660 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CARTESI - CTSI/USD rating is 0.145300 USD. The price has increased by +16.43% since the last closing and was traded between 0.124300 USD and 0.148800 USD over the period. The price is currently at +16.89% from its lowest and -2.35% from its highest.

0.124300
0.148800
0.145300

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this CARTESI - CTSI/USD chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, 17 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.129023 0.131100 0.133100 0.145300 0.156567 0.208660 0.235200
Change (%) -11.20% -9.77% -8.40% - +7.75% +43.61% +61.87%
Change -0.016277 -0.014200 -0.012200 - +0.011267 +0.063360 +0.089900
Level Major Minor Intermediate - Intermediate Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1177670.1201330.1224670.1248330.1271670.1295330.131867
Camarilla0.1235080.1239380.1243690.1248000.1252310.1256620.126093
Woodie0.1177500.1201250.1224500.1248250.1271500.1295250.131850
Fibonacci0.1201330.1219290.1230380.1248330.1266290.1277380.129533


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1021670.1082330.1154670.1215330.1287670.1348330.142067
Camarilla0.1190430.1202620.1214810.1227000.1239190.1251380.126358
Woodie0.1027500.1085250.1160500.1218250.1293500.1351250.142650
Fibonacci0.1082330.1133140.1164530.1215330.1266140.1297530.134833


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0554000.0844000.1014000.1304000.1474000.1764000.193400
Camarilla0.1057500.1099670.1141830.1184000.1226170.1268330.131050
Woodie0.0494000.0814000.0954000.1274000.1414000.1734000.187400
Fibonacci0.0844000.1019720.1128280.1304000.1479720.1588280.176400

Numerical data


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

Technical indicators
Moving averages

RSI (14): 83.33
MACD (12,26,9): 0.0012
Directional Movement: 47.535394
AROON (14): 64.285714
DEMA (21): 0.128669
Parabolic SAR (0,02-0,02-0,2): 0.125341
Elder Ray (13): 0.006509
Super Trend (3,10): 0.129768
Zig ZAG (10): 0.134200
VORTEX (21): 1.2857
Stochastique (14,3,5): 95.16
TEMA (21): 0.130188
Williams %R (14): -7.69
Chande Momentum Oscillator (20): 0.010400
Repulse (5,40,3): 5.0857
ROCnROLL: 1
TRIX (15,9): 0.0435
Courbe Coppock: 8.14
MA7: 0.126429
MA20: 0.122840
MA50: 0.134888
MA100: 0.142589
MAexp7: 0.129946
MAexp20: 0.126179
MAexp50: 0.125426
MAexp100: 0.125076
Price / MA7: +14.93%
Price / MA20: +18.28%
Price / MA50: +7.72%
Price / MA100: +1.90%
Price / MAexp7: +11.82%
Price / MAexp20: +15.15%
Price / MAexp50: +15.85%
Price / MAexp100: +16.17%

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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