SYMMETRICAL TRIANGLE BREAKOUT ON CTKBUSD - LONG OPPORTUNITY
Hi everyone,
We can see here that CTKBUSD Just broke the upper trendline on the symmetrical triangle with big volume, i think we can expect a small retracement to the trendline giving us a good opportunity for a long trade idea, we can spread some limit buy order on the buy are box on the chart and long it from there with a SL on 1.324. TPs are also displayed on the chart as a suggestion.
On a fundamental level, CertiK (CTK) is a ''Cross-Chain Protocol with Security Scoring and Decentralized Reimbursements for Building Secure dApps'' according to Coingecko. The coin is also very useful because it help us not FOMO or buying into projects that are scam and rugpulls because CTK gives them some security rating that help us make a better decision when looking for solid projects.
The project also has small Market Cap at the moment with very big room to grow IMO.
Let me know what you guys think about this smymmetrical triangle set up and the project CertiK.
Cheers
We can see here that CTKBUSD Just broke the upper trendline on the symmetrical triangle with big volume, i think we can expect a small retracement to the trendline giving us a good opportunity for a long trade idea, we can spread some limit buy order on the buy are box on the chart and long it from there with a SL on 1.324. TPs are also displayed on the chart as a suggestion.
On a fundamental level, CertiK (CTK) is a ''Cross-Chain Protocol with Security Scoring and Decentralized Reimbursements for Building Secure dApps'' according to Coingecko. The coin is also very useful because it help us not FOMO or buying into projects that are scam and rugpulls because CTK gives them some security rating that help us make a better decision when looking for solid projects.
The project also has small Market Cap at the moment with very big room to grow IMO.
Let me know what you guys think about this smymmetrical triangle set up and the project CertiK.
Cheers
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