CSBTC

6 Ağu 2020

For a couple of days CS/BTC pair is trading in the range between 0.00000219 and 0.00000247. Actually it is close to a support level and it seems to be reasonable to buy CS from 0.00000220 to 0.00000201 on a scale down basis with a stop-loss at 0.00000199. The next target is close to 0.00000320 which is strong resistance level. When it is broken the fast move to 0.00000388/0.00000400 or higher is quite possible. It is evident that CS/BTC pair is extremely oversold and fundamentally undervalued at current levels so it looks very attractive to accumulate it. After the bearish mood will be changed the reward will huge.