Short
CTK is losing sternght/momentum
CTK tried to push new ATH, but failed and volume going down with pump. This is also in a previous support that turned resistance. Dump should happend now, maybe that will just be a correction or maybe back to bear trend in H4, we'll see. I have a larger SL bc I'm scared of a liquidation wick before real dump.
Note
We reached the bottom of the channel, possible rebound here. Not stupid to TP here and re-enter later, or whatever your strategy is likeTrade closed: stop reached
BTC and ETH pumped a lot, so didn't work
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.