V0VOLAN

🎆CTXC- In accumulation (macro view)

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BINANCE:CTXCUSDT   Cortex / TetherUS
The price has been moving sideways for almost 3 months now, and got rejected from 0.24 level multiple times. It's easy to notice, that the current price action is very similar to accumulation that had place in October-November 2020. Just like in the past, the price is soon going to get squeezed between the dynamic support and horizontal resistance (0.24), and will be forced to go lower or higher from here. It wouldn't be surprise if the price broke down to test the lower trendline of the channel (yellow line) -just like it did last year- before a big move up. Is history about to repeat itself? We'll see what happens.

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About CTXC:

Cortex is a decentralized and independent AI system using the blockchain technology. The objective of Cortex is to provide modern machine-learning models. Users can create these models via smart contracts found on the Cortex blockchain.

Cortex also has a machine-learning platform that allows the users to post tasks on the platform and submit artificial intelligence decentralized applications (AI dapps).


Source: cryptowisser
Yorum:

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.