CKBUSDT 1DCKB ~ 1D
#CKB Continue moving in this descending pattern.
The best way for now, Buy on breaking the resistance line of this pattern or buy on a retest of this key support.
CKBUSDT trade ideas
CKBUSDT 1D#CKB is moving inside a descending channel and has broken above the middle line of the channel. We'll see how it interacts with the resistance zone. If it breaks out, we could see a profit target of 80% or more.
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
CKB looks bullishPrice has tested an important flip range and then formed a bullish iCH on the chart. In this situation, a POI has been formed for us, and we will look for buy/long positions in this range.
A trigger line is also broken on the chart
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CKBUSDT Inverse Head and Shoulders PatternCKBUSDT Technical analysis update
CKB price is forming an inverse head and shoulders pattern. The price of the right shoulder is now moving towards the neckline for a potential breakout, 100 and 200 EMA act as good support for the right shoulder. If the breakout occurs, we can expect a strong bullish move in CKB.
Only buy after the neckline breakout.
Stop Loss: $0.0111
CKBUSDT 1DCKB ~ 1D
#CKB Make a purchase after successfully breaking through this resistance line. with a minimum target of 10%++
CKBUSDT 1D#CKB has formed a falling wedge pattern on the daily chart. Consider buying at the current price and at its support level of $0.009888. In case of a breakout, the targets are:
$0.014234
$0.016517
$0.020618
$0.023932
$0.027247
$0.031966
Bearish continuation: bear flagChart description:
- Expect (at least) one more low to be made.
- Finished ABC
- Potential 2 short setup with conservative targets laid out in the chart.
- Expect a minimum 1fib extension target to be reached.
Buyers are stepping in to defendCKB has dropped to the support area at $0.0099 and bounced from there. This indicates that buyers are stepping in to defend this level, which strengthens its significance as a support zone. The price action suggests a potential move towards the resistance area, indicating that the market sentiment may be shifting towards a more bullish outlook.
CKBUSDT-Breaks the Resistance levelCKB Analysis:
CKB recently broke through a major support area and is currently retesting it. If the price fails to break above this retested level, we could see a continuation of the downtrend towards the next support area. It's advisable to wait before opening new positions to see how the price action develops.
Support Area: $0.000948-$0.0103
Resistance Area: $0.014-$0.015
CKB/USDT 3-Day Chart Bullish Breakout from Falling Wedge PatternBINANCE:CKBUSDT
The second chart you uploaded shows the CKB/USDT trading pair on a 3-day timeframe, highlighting a "falling wedge" pattern. Here's an analysis based on the provided chart:
Chart Analysis:
1. **Falling Wedge Pattern**:
- A falling wedge is typically considered a bullish reversal pattern. It forms when the price is making lower highs and lower lows, but the slope of the lower highs is steeper than the lower lows.
- In this case, the pattern suggests that the selling pressure is slowing down, and a potential breakout to the upside is expected.
2. **Breakout and Target**:
- The chart indicates that the price has either recently broken out or is about to break out from the falling wedge pattern.
- The target after the breakout is typically calculated by measuring the height of the wedge at its widest point and adding this to the breakout point.
- The target indicated on the chart seems to be around the 0.040000 USDT level.
3. **Current Price**:
- The current price of CKB is around 0.013138 USDT.
4. **Price Action**:
- The price action within the wedge shows a consolidation period with decreasing volume, which is common before a breakout.
- The breakout direction is expected to be upward based on the pattern.
Conclusion:
The chart suggests a bullish outlook for CKB/USDT based on the falling wedge pattern. If the price successfully breaks out above the wedge, it could reach the indicated target around 0.040000 USDT. However, it's important to consider other market factors and conduct further analysis before making any trading decisions.
Remember, while technical patterns can provide insights, they do not guarantee future price movements and should be used in conjunction with other analysis methods.
CKBUSDT Crucial Support Test Ahead!Yello, Paradisers! Ready to see where #CKBUSDT is heading? Let’s dive into this critical analysis to stay ahead of the game.
💎 #CKB is currently resting on a key support area. For a confirmed rebound and upward movement, we need to see a bullish candle rejection here. Historically, this support has been strong, sustaining CKB multiple times and preventing further decline. Therefore, there's a high probability that the price will rebound and move back towards our target area.
💎 However, if CKB fails to rebound from the support and breaks down below $0.0135 with a daily close, this would be a bad sign. The price would likely continue downward to the Bullish Order Block (OB) area, where large orders are placed around $0.01.
💎 If CKB reaches the OB area, there's a high probability of a strong rebound and reversal to the upside. However, for the upward movement to continue, the price must reclaim the previous support at $0.0135. If this scenario fails, CKB could fall back to the OB area, which would be a concerning sign.
💎 Bullish invalidation will be confirmed if the daily close candle for CKB is below the OB area. If this happens, the probability of continued bearish movement increases, and the price may dip further.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
Long signal for CKB/USDTThis technical analysis is based on the daily chart of CKB/USDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels.
Price Channel Analysis:
The previous bearish channel is broken out, and a bullish channel is formed.
The suggested entry point is around 0.015104 USDT.
Entry and Exit Points:
Entry: 0.015104 USDT
Take Profit: 0.021855 USDT (44.65%)
Stop Loss: 0.013772 USDT (8.81%)
R/R Ratio: 5.07
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 5.07, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
CKBUSDT(Nervos Network) Daily tf Range Updated till 05-06-24CKBUSDT(Nervos Network) Daily timeframe range. its been stuck within 0.014592-0.019687 for a while now. staying above 0.014592 will eventually clear 0.019687. if that gets cleared till 0.025146 is open. for now needs to stay above 0.014592.
CKB Long Scalp TradeIt is bullish, bounced from 4hr Demand+Order Block.
Entry, Targets and Stoploss mentioned.
Do not forget to follow and support for more :).
I need motivation.
Bullish continuationDescription
- Potential last wave down for a finished leading diagonal for a wave 1/A.
- breaking 0.886fib will increase this scenario.
- If so, looking at a CKB price below $0.018 before starting wave 2/B.
CKBUSDT - 4H Bullish trendThe CKBUSDT 4-hour chart indicates a significant breakout above a long-term descending trendline, suggesting a potential bullish reversal. The price action has successfully breached this resistance, signaling a shift in market sentiment from bearish to bullish. This breakout is accompanied by increased volume, which adds credibility to the upward movement.
Additionally, there is a support zone highlighted in green that has held firm, providing a strong base for the recent upward momentum. If the price continues to hold above the trendline, we can expect further gains, with the next target potentially being the $0.026 level. Traders should monitor this breakout for sustained buying pressure and consider long positions while keeping an eye on the support zone for any potential pullbacks.
CKB Long
It is at a suitable price floor and if it can be well supported, it can grow well. The process line should be broken and approvals should be given.
#CKB/USDT Buy SetupNervos Network (CKB) is an open-source public blockchain ecosystem. It's in good area for possible bounce. Trade at your own risk.
CKB - 7600% Profit in 2024, buy nowThe CKB coin looks very promising for the upcoming bull market. On the weekly chart, we have a falling wedge, bullish reversal pattern that is currently breaking out! It's always important to take a look at the volume indicator when it comes to breakouts. The bullish volume is extremely high, which confirms my bullish bias. From the Elliott Wave perspective, we have a triple-three corrective pattern that has been completed, which is also a very good sign. Where to take profit? On the chart, you can see 3 profit targets. It's up to you how long you want to wait for your profits. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Is Nervos Network (CKB)?
Nervos Network (CKB) is an open-source public blockchain ecosystem. Its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
The Nervos mainnet launched in November 2019 with a novel dual-layer architecture. There’s a base layer where the consensus mechanism operates and smart assets are stored, and a computation layer where transactions are processed.
The base layer, also known as the Common Knowledge Base, has its own cryptocurrency called CKByte (CKB). It uses the Proof-of-Work (PoW) consensus mechanism and drives the Nervos ecosystem. It is used to pay miners for keeping the network safe, managing network resources, and letting users store things on the network.
The Nervos Network allows developers to create decentralized applications (dApps) that can operate on various blockchain systems. Any of the network layers can be used to run both decentralized apps and smart contracts.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
CKBUSDT(Nervos Network) Daily tf Range Updated till 04-05-24CKBUSDT(Nervos Network) Daily timeframe range. 0.015836 defended several times already. if it cant go down it got good chances to visit 0.022924 again. but if it breaks 0.015836 clean than way open till 0.009570.
