CTOS Digital Bhd
Panjang

CTOS - Analysis on potential bullish sentiment

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N wave with E, N, NT & V projection.
The price is slightly above the Kumo, indicating a potential bullish bias.
Senkou-span B as immidiate support (1.24)
Chikou-span - positioned above the price candles, supporting bullish sentiment.
Secondary support: Point A (1.14).
Entry Level 1: Enter at the current price range (1.29) for an early position.
Entry Level 2: Enter additional positions near support at 1.24 (Senkou Span B) in case of a pullback.
Stop Loss (SL): Place at 1.22, slightly below Senkou Span B for risk management.
Monitor volume: Increasing bullish volume will confirm strength.
Ensure the price stays above Senkou Span B (1.24) to maintain the bullish bias.
Be cautious of strong rejection near the resistance at 1.36-1.38.


Note:
1. Analysis for education purposes only.
2. Trade at your own risk.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.