TECHNICAL ANALYSIS $CTXC 11-JUL
The daily trend is still bearish, but there has been a strong reaction in the weekly zone.
Currently, the price is in the H4 recovery trend. The price recovered but has not yet touched the daily zone above, so it is still likely to increase further.
The distance between Weekly zone and daily zone is quite far (nearly x2 value). So this H4 recovery wave is also a strong wave.
🟢 Can buy $CTXC in H4 zone.
🟢 SL below weekly zone is safest.
🟢 Target to daily zone above.
