CKBUSDT: Bouncing from Support LevelCKBUSDT technical analysis update
CKB's price has touched a strong support level on the weekly chart and is now bouncing from it. We can expect a bullish move from the current level. On the daily chart, the price has dropped below RSI 30, which is another bullish sign for CKB.
This is a good time to accumulate some CKB.
Target 300%-500%
Regards
hexa
CKBBUSD
Nervos Network (CKB) formed bullish BAT for upto 10% moveHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Recently we caught a nice pump of CKB
Now again on a 4-hr time frame, CKB has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Nervos Network (CKB) formed bullish Cypher for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Our last successful trade of CKB was as below:
Now on a 4-hr time frame, CKB has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CKB nearing ATH!CKB can be producing a pattern that it has produced in the past(pattern is not 100% accurate, but it is similar); the Stoch RSI is pretty low as well, giving CKB room to run to 0.038-0.045. Waiting for MA cross on the 15 as well. It looks like resistance has also turned into support 0.03 has been holding well. This is just speculation for entertainment, not financial/trading advice.
CKBUSD UpdateCKBUSD has formed two nice double bottoms, on a bit of a lean
The first double bottom led to a nice run, with a small pause in the middle of the channel that can be drawn
Applying this to the second double bottom we can assume that this 'pause' occurs at the lower band of the channel
After this, price should continue upwards, possibly even breaking the channel.
This is contrary to my last analysis on the coin. However I have taken another look and changed my mind.
It’s possible for CKB to go above 1$If CKB were to touch ADA’s ATH CKB would be worth 3.49, if CKB even touch’s 10% of ADA’s ATH it would be worth 0.396 per CKB.
I understand comparing CKB to ADA is like comparing oranges to apples. But what I’m trying to say is ADA was around 0.02 and went up to a dollar from 2017-2018.
A lot of people are looking at the unlimited supply as a negative but an unlimited supply is needed because with each transaction CKB is going to get burned/locked.
This project has a market cap of 500m some of these “meme” coins are literally mooning and going above 1b market cap, this project is actually a game changer. It just a matter of people noticing this/some marketing. And another thing is once this goes above 0.05 it will go on price discovery mode because fomo will kick in. Example once ADA started moving it really started moving.
This is not financial advice, just my personal opinion. Would love to hear idea’s and comments, please feel free to comment.
CKBBUSD come and share your ideas pleaseCKBBUSD is on the rise i guess its going to take the reds line and you ?