Ctkusdt
CTK > Rising Wedge > Jump? Potential Target?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CTK.
According to my technical analysis , CTK is following a trendline support, creating a rising wedge . Now, we are expecting a rise till next resistance.
"My analysis is valid until We don't see a breakout from channel"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
CTK INVERSE HEAD AND SHOULDER PATTERNCtkusdt broke the pattern's neckline and its currently at the verge of breaking the descending trendline. A retest of the neckline is much expected to occur which is a good entry zone.
Entry Zone - $0.155 - $0.16
Price Targets - $1.9 - $3.4
Stop Loss - $1.4 (8.5% risk)
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CTK retesting the breakoit areaCTK break the resistance level and now retesting it. This is a good time to buy some CTK before the next leg up. We will see a good rally when BTC is stable in a range. CTK BTC pair also looking strong.
Buy Zone: $1.265 - $1.285
Target: $1.43 - $1.58 - $1.74 - $1.9 - $2.05 - $2.25 - $2.6 - $2.95
CTK > Trendline Support Breakout & Retest done > Time to go doneHello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CTK.
we have seen a retest so we are short on CTK.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
CTKUSDT UPDATE!!!! Hi Traders,
Looks like CTK has completed the Head and Shoulders formation and setting up for a LONG very soon. We could see a straight push back up in price through the MA's or see price consolidate in the short term (a push up to the MA's and back down into the top zone for buy volume to show itself and then prices to push back up to the buy side). It needs to be noted though that more liquidity is being held at the bottom zone, so if BTC decides to come down further you should expect CTK prices to do the same.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
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CTKUSDT Inverse Head and shoulderCTKUSDT (1H CHART) Technical Analysis Update
Inverse Head and Shoulder Pattern
CTK/USDT currently trading at $2.52
Buy-level: Above 2.65$ (only buy if 1h candle closes above the resistance zone Above $2.65)
Stop loss: Below $2.31
Target 1: $2.75
Target 2: $2.90
Target 3: $3.00
Target 4: $3.35
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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