CARTESI - CTSI/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	CTSIUSD
ISIN:

CARTESI - CTSI/USD - 1H - Technical analysis published on 10/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.136678 USD

My targets

0.143138 USD (+3.23%)

0.147580 USD (+6.44%)

My analysis

The bullish trend is currently very strong on CARTESI - CTSI/USD. As long as the price remains above the support at 0.136678 USD, you could try to benefit from the boom. The first bullish objective is located at 0.143138 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.147580 USD as an objective. Crossing it would then enable buyers to target 0.172338 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

8.9

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

CARTESI - CTSI/USD rating 0.138657 USD. The price registered an increase of +6.41% on the session with the lowest point at 0.127802 USD and the highest point at 0.141319 USD. The deviation from the price is +8.49% for the low point and -1.88% for the high point.

0.127802

0.141319

0.138657

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CARTESI - CTSI/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator is oversold : under -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 : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.131761	0.134518	0.136678	0.138657	0.147580	0.172338	0.185638
Change (%)	-4.97%	-2.99%	-1.43%	-	+6.44%	+24.29%	+33.88%
Change	-0.006896	-0.004139	-0.001979	-	+0.008923	+0.033681	+0.046981
Level	Minor	Intermediate	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
Standard	0.122845	0.124924	0.127613	0.129692	0.132381	0.134460	0.137149
Camarilla	0.128992	0.129429	0.129866	0.130303	0.130740	0.131177	0.131614
Woodie	0.123151	0.125077	0.127919	0.129845	0.132687	0.134613	0.137455
Fibonacci	0.124924	0.126745	0.127870	0.129692	0.131513	0.132638	0.134460

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.110965	0.117382	0.123843	0.130260	0.136721	0.143138	0.149599
Camarilla	0.126762	0.127942	0.129123	0.130303	0.131484	0.132664	0.133845
Woodie	0.110986	0.117393	0.123864	0.130271	0.136742	0.143149	0.149620
Fibonacci	0.117382	0.122302	0.125341	0.130260	0.135180	0.138219	0.143138

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.077035	0.094278	0.115416	0.132659	0.153797	0.171040	0.192178
Camarilla	0.125998	0.129517	0.133035	0.136553	0.140071	0.143590	0.147108
Woodie	0.078982	0.095252	0.117363	0.133633	0.155744	0.172014	0.194125
Fibonacci	0.094278	0.108940	0.117998	0.132659	0.147321	0.156379	0.171040

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	78.03
MACD (12,26,9):	0.0019
Directional Movement:	45.290380
AROON (14):	42.857143
DEMA (21):	0.133955
Parabolic SAR (0,02-0,02-0,2):	0.129003
Elder Ray (13):	0.006443
Super Trend (3,10):	0.133883
Zig ZAG (10):	0.139803
VORTEX (21):	1.3440
Stochastique (14,3,5):	87.53
TEMA (21):	0.135228
Williams %R (14):	-14.34
Chande Momentum Oscillator (20):	0.008389
Repulse (5,40,3):	4.2944
ROCnROLL:	1
TRIX (15,9):	0.0923
Courbe Coppock:	6.33

MA7:	0.131295
MA20:	0.127554
MA50:	0.129635
MA100:	0.134758
MAexp7:	0.134776
MAexp20:	0.131808
MAexp50:	0.130060
MAexp100:	0.129449
Price / MA7:	+5.61%
Price / MA20:	+8.70%
Price / MA50:	+6.96%
Price / MA100:	+2.89%
Price / MAexp7:	+2.88%
Price / MAexp20:	+5.20%
Price / MAexp50:	+6.61%
Price / MAexp100:	+7.11%

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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