Long

$CTK/USDT 1D (Binance Futures) Descending trendline breakout

Updated
CertiK just regained 50MA support and seems ready for more up-trend from here!
More information about that Smart Contract coin, also part of BSC and Cosmos ecosystem on certik.org/

Current Price= 2.094
Buy Entry = 2.101 - 1.983
Take Profit= 2.426 | 2.803 | 3.378
Stop Loss= 1.816

Risk/Reward= 1:1.7 | 1:3.37| 1:5.91
Expected Profit= +37.62% | +74.54% | +130.86%
Possible Loss= -22.14%

Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 months
Trade active
Both entries filled

CertiK is retesting the support right now, we are manually adding to the position here!

snapshot
Trade closed: stop reached
SL hit with -22.14% (2x) and -1R

Ugly stop hunt for CertiK after being up to +25.36% (2x), seems like it would have been a nice dip to catch...
Bounced back up pretty strong and instantly regained 50MA support, let's keep an eye on it!

snapshot
BSCcertikcosmosctkctkusdtsmartcontractTrend Analysis

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