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 11/24/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

56%

33%

My opinion

Bullish above 0.173207 USD

My targets

0.193240 USD (+8.25%)

0.206400 USD (+15.63%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CARTESI - CTSI/USD. As long as you are above the support located at 0.173207 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.193240 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.206400 USD as an objective. Crossing it would then enable buyers to target 0.224398 USD. If the support 0.173207 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

Force

1.8

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 0.178507 USD. The price registered a decrease of -0.26% on the session and was traded between 0.172118 USD and 0.196054 USD over the period. The price is currently at +3.71% from its lowest and -8.95% from its highest.

0.172118

0.196054

0.178507

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on CARTESI - CTSI/USD were detected by the Central Volumes scanner:

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 an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.154635	0.162003	0.173207	0.178507	0.193700	0.206400	0.224398
Change (%)	-13.37%	-9.25%	-2.97%	-	+8.51%	+15.63%	+25.71%
Change	-0.023872	-0.016504	-0.005300	-	+0.015193	+0.027893	+0.045891
Level	Intermediate	Intermediate	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.147211	0.154605	0.166787	0.174181	0.186363	0.193757	0.205939
Camarilla	0.173587	0.175381	0.177176	0.178970	0.180765	0.182559	0.184353
Woodie	0.149606	0.155802	0.169182	0.175378	0.188758	0.194954	0.208334
Fibonacci	0.154605	0.162083	0.166703	0.174181	0.181659	0.186279	0.193757

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.112828	0.127098	0.153034	0.167304	0.193240	0.207510	0.233446
Camarilla	0.167913	0.171599	0.175285	0.178970	0.182656	0.186341	0.190027
Woodie	0.118661	0.130015	0.158867	0.170221	0.199073	0.210427	0.239279
Fibonacci	0.127098	0.142457	0.151945	0.167304	0.182663	0.192151	0.207510

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.054092	0.086773	0.105250	0.137931	0.156408	0.189089	0.207566
Camarilla	0.109660	0.114349	0.119039	0.123728	0.128418	0.133107	0.137797
Woodie	0.046991	0.083222	0.098149	0.134380	0.149307	0.185538	0.200465
Fibonacci	0.086773	0.106315	0.118388	0.137931	0.157473	0.169546	0.189089

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):	43.65
MACD (12,26,9):	0.0035
Directional Movement:	-7.136271
AROON (14):	-57.142857
DEMA (21):	0.186722
Parabolic SAR (0,02-0,02-0,2):	0.191580
Elder Ray (13):	-0.006699
Super Trend (3,10):	0.190182
Zig ZAG (10):	0.176157
VORTEX (21):	1.0963
Stochastique (14,3,5):	18.74
TEMA (21):	0.184866
Williams %R (14):	-84.31
Chande Momentum Oscillator (20):	-0.008330
Repulse (5,40,3):	-4.3544
ROCnROLL:	-1
TRIX (15,9):	0.4014
Courbe Coppock:	4.52

MA7:	0.162908
MA20:	0.146603
MA50:	0.136006
MA100:	0.133465
MAexp7:	0.182111
MAexp20:	0.182789
MAexp50:	0.174885
MAexp100:	0.167132
Price / MA7:	+9.58%
Price / MA20:	+21.76%
Price / MA50:	+31.25%
Price / MA100:	+33.75%
Price / MAexp7:	-1.98%
Price / MAexp20:	-2.34%
Price / MAexp50:	+2.07%
Price / MAexp100:	+6.81%

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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