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 02/25/2024 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.332151 USD
My targets
0.368102 USD (+4.55%)
0.371881 USD (+5.63%)
My analysis
CARTESI - CTSI/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.332151 USD. The next resistance located at 0.368102 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.371881 USD. After this resistance, buyers could then target 0.500400 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
0
10
8.9

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:
Daily Weekly

Additional analysis

Quotes

The CARTESI - CTSI/USD rating is 0.352066 USD. The price registered an increase of +5.44% on the session and was traded between 0.331118 USD and 0.354140 USD over the period. The price is currently at +6.33% from its lowest and -0.59% from its highest.

0.331118
0.354140
0.352066

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of CARTESI - CTSI/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 16 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

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 2

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 0.319500 0.332151 0.351594 0.352066 0.371881 0.500400
Change (%) -9.25% -5.66% -0.13% - +5.63% +42.13%
Change -0.032566 -0.019915 -0.000472 - +0.019815 +0.148334
Level Major Minor Minor - Intermediate Minor



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
Standard0.3114890.3171190.3255120.3311420.3395350.3451650.353558
Camarilla0.3300480.3313330.3326190.3339040.3351890.3364750.337760
Woodie0.3128700.3178100.3268930.3318330.3409160.3458560.354939
Fibonacci0.3171190.3224760.3257860.3311420.3364990.3398090.345165


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2054510.2463330.2901180.3310000.3747850.4156670.459452
Camarilla0.3106210.3183820.3261430.3339040.3416650.3494260.357187
Woodie0.2069040.2470590.2915710.3317260.3762380.4163930.460905
Fibonacci0.2463330.2786760.2986570.3310000.3633430.3833240.415667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0348110.1017680.1679780.2349350.3011450.3681020.434312
Camarilla0.1975670.2097740.2219810.2341880.2463950.2586020.270809
Woodie0.0344380.1015810.1676050.2347480.3007720.3679150.433939
Fibonacci0.1017680.1526380.1840650.2349350.2858050.3172320.368102

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): 67.95
MACD (12,26,9): 0.0031
Directional Movement: 25.659928
AROON (14): 50.000000
DEMA (21): 0.339746
Parabolic SAR (0,02-0,02-0,2): 0.335613
Elder Ray (13): 0.007219
Super Trend (3,10): 0.331270
Zig ZAG (10): 0.345399
VORTEX (21): 1.1821
Stochastique (14,3,5): 76.94
TEMA (21): 0.341489
Williams %R (14): -27.04
Chande Momentum Oscillator (20): 0.011418
Repulse (5,40,3): 1.7118
ROCnROLL: 1
TRIX (15,9): 0.0903
Courbe Coppock: 4.21
MA7: 0.322120
MA20: 0.304836
MA50: 0.254583
MA100: 0.216877
MAexp7: 0.340302
MAexp20: 0.336006
MAexp50: 0.331887
MAexp100: 0.326404
Price / MA7: +9.30%
Price / MA20: +15.49%
Price / MA50: +38.29%
Price / MA100: +62.33%
Price / MAexp7: +3.46%
Price / MAexp20: +4.78%
Price / MAexp50: +6.08%
Price / MAexp100: +7.86%

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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