4000% move for Cartesi (CTSI) in 2024?

At this time the market is offering a few ‘fantastic’ opportunities for outstanding returns. Yet, if you’re tuning into social media you might believe the whole market is about to explode. As wonderful as that may be, this is not 2017. You have to be selective, disciplined and patient. If you think that’s you, read this:

On the above 2 week chart after 1100 days of downtrend we have:

1) Price action and RSI resistance breakouts. The price action breakout is also the first higher high since August 2020!

2) Support on past resistance. Blue arrows.

3) The Bull flag pattern confirmation forecasts a 4000% move in price action from 20 cents to $8 (see below).

4) Markets do not go up in a straight line. You'll have to tolerate the odd 30-40% correction until target. Those swings trade opportunities will be mentioned elsewhere.

Is it possible price action might correct further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6%
Timeframe for long: days
Return: 3000-4000%



Bull flag