Long
$CTK/USDT 4h (#BinanceFutures) Falling channel near breakout
CertiK seems to be ready for short-term recovery, let's enter here with low leverage.
Current Price= 1.145
Buy Entry= 1.147 - 1.097
Take Profit= 1.287 | 1.422 | 1.618
Stop Loss= 0.998
Risk/Reward= 1:1.33 | 1:2.42 | 1:4
Expected Profit= +29.42% | +53.48% | +88.42%
Possible Loss= -22.10%
Fib. Retracement= 0.382 | 0.5 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
certik.com/ shentu.technology/
Current Price= 1.145
Buy Entry= 1.147 - 1.097
Take Profit= 1.287 | 1.422 | 1.618
Stop Loss= 0.998
Risk/Reward= 1:1.33 | 1:2.42 | 1:4
Expected Profit= +29.42% | +53.48% | +88.42%
Possible Loss= -22.10%
Fib. Retracement= 0.382 | 0.5 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
certik.com/ shentu.technology/
Trade active
2/3 entries filledCertiK bounced back, no clear breakout yet but looks promising!
Trade closed: target reached
TP1 reached with +29.42% (2x) and +1.33RCertiK broke-out and went up retesting 100EMA resistance as planned, what a timing!
Higher targets won't be easy but remain reachable, SL edited up to lowest entry (1.097)
Trade closed: target reached
TP2 reached with +53.48% (2x) and +2.42RCertiK regained 100EMA and continued upwards, SL adjusted to highest entry (1.147) now
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Related publications
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.