#CETUSUSDT #1D (ByBit) Descending wedge breakoutCetus Protocol regained 50MA support and looks good for bullish continuation, mid-term.
⚡️⚡️ #CETUS/USDT ⚡️⚡️
Exchanges: ByBit USDT, OKX Futures, KuCoin Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.7%
Current Price:
0.11343
Entry Zone:
0.11331 - 0.10729
Take-Profit Targets:
1) 0.13344
1) 0.15086
1) 0.16829
Stop Targets:
1) 0.09094
Published By: @Zblaba
$CETUS BYBIT:CETUSUSDT.P #CetusProtocol cetus.zone
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +42.0% | +73.5% | +105.1%
Possible Loss= -35.1%
Estimated Gaintime= 1-2 months
Cetusprotocol
I expect CETUS to continue rising to $0.15.Hello everyone!
Today, I want to continue with the idea about CETUS. The asset successfully reached the 0.382 Fibonacci level, bringing in a 58% profit. Now, we can expect a continuation of the upward movement towards the final target at the 0.618 Fibonacci level, resulting in a total profit of 109%.
I consider it advantageous to enter a position after breaking and holding above the 0.382 Fibonacci level, with subsequent profit-taking at $0.092 (+28%) and $0.115 (+60%).
This is not financial advice; everything you do is at your own risk!
Cetus Protocol has good investment potential.Cetus Protocol. A new project positioning itself as a DEX to provide liquidity for the SUI and APTOS blockchains.
It was listed on major exchanges in May of this year.
For me, the project is an investment opportunity.
As for trading, I suggest looking at the chart. Currently, a local uptrend support line and a strong resistance level around $0.045 or 0.236 on the Fibonacci scale have formed on the chart.
If this level is broken and sustained above it, I expect the continuation of the uptrend movement to the 0.382 Fibonacci level or $0.071, a significant increase of 58%.
Profit can be partially locked in around $0.0558.
This is not financial advice, and everything you do, you do at your own risk.