CTOS Digital Bhd

CTOS - Analysis on potential bullish sentiment

71
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.

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