Shotokhan

Great triangle about to close

Panjang
BINANCE:CTSIUSDT   CTSI / TetherUS
CTSI is a good project which I've forgotten to analyze recently. It had a great performance in Q1 and now is about to complete an asymetrical triangle.

As you can see I've used the Ichimoku Cloud to check if my triangle trendlines were correctly drawn and they are but as you can see price hit a R and formed a bearish candle. A good entry price would be 0.62USDT, you can try set a buy around that price. Volume is increasing so I think the breakout should be close.

BB are tighting up a little bit showing a move is about to come. Hopefully price will go up, but set a stop loss according with your risk management.

Good luck

Penafian

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