CARTESI - CTSI/USDT
CARTESI - CTSI/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: CTSIUSDT
ISIN:

CARTESI - CTSI/USDT - 1H - Technical analysis published on 05/05/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.212650 USDT
My targets
0.208120 USDT (-1.22%)
0.191400 USDT (-9.16%)
My analysis
The bearish trend is currently very strong for CARTESI - CTSI/USDT. As long as the price remains below the resistance at 0.212650 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.208120 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.191400 USDT as an objective. Crossing it would then enable sellers to target 0.154371 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4

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 cassedre. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

CARTESI - CTSI/USDT rating 0.210700 USDT. The price registered a decrease of -1.73% on the session with the lowest point at 0.209000 USDT and the highest point at 0.215300 USDT. The deviation from the price is +0.81% for the low point and -2.14% for the high point.

0.209000
0.215300
0.210700

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:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of CARTESI - CTSI/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.154371 0.191400 0.208120 0.210700 0.212650 0.218540 0.223586
Change (%) -26.73% -9.16% -1.22% - +0.93% +3.72% +6.12%
Change -0.056329 -0.019300 -0.002580 - +0.001950 +0.007840 +0.012886
Level Intermediate Minor Minor - Intermediate Minor 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
Standard0.1882000.2000000.2072000.2190000.2262000.2380000.245200
Camarilla0.2091750.2109170.2126580.2144000.2161420.2178830.219625
Woodie0.1859000.1988500.2049000.2178500.2239000.2368500.242900
Fibonacci0.2000000.2072580.2117420.2190000.2262580.2307420.238000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1529670.1841330.2030670.2342330.2531670.2843330.303267
Camarilla0.2082230.2128150.2174080.2220000.2265930.2311850.235778
Woodie0.1468500.1810750.1969500.2311750.2470500.2812750.297150
Fibonacci0.1841330.2032720.2150950.2342330.2533720.2651950.284333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.1020330.0167330.1251670.2439330.3523670.4711330.579567
Camarilla0.1711200.1919470.2127730.2336000.2544270.2752530.296080
Woodie-0.1072000.0141500.1200000.2413500.3472000.4685500.574400
Fibonacci0.0167330.1035240.1571430.2439330.3307240.3843430.471133

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): 42.22
MACD (12,26,9): -0.0018
Directional Movement: -4.847831
AROON (14): -50.000000
DEMA (21): 0.210585
Parabolic SAR (0,02-0,02-0,2): 0.212989
Elder Ray (13): -0.000627
Super Trend (3,10): 0.216386
Zig ZAG (10): 0.211700
VORTEX (21): 0.8671
Stochastique (14,3,5): 26.46
TEMA (21): 0.209601
Williams %R (14): -55.56
Chande Momentum Oscillator (20): -0.001000
Repulse (5,40,3): 0.7542
ROCnROLL: -1
TRIX (15,9): -0.1194
Courbe Coppock: 3.12
MA7: 0.220214
MA20: 0.244340
MA50: 0.187058
MA100: 0.169735
MAexp7: 0.211016
MAexp20: 0.212840
MAexp50: 0.215060
MAexp100: 0.217556
Price / MA7: -4.32%
Price / MA20: -13.77%
Price / MA50: +12.64%
Price / MA100: +24.13%
Price / MAexp7: -0.15%
Price / MAexp20: -1.01%
Price / MAexp50: -2.03%
Price / MAexp100: -3.15%

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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