CTKUSDT trade ideas
CTKUSDT Reversing From the Major Support!CTKUSDT (DAY CHART) Technical Analysis Update
Reversing From the Major Support
CTK/USDT currently trading at $2.00
Buy-level: $1.85- $2.00
TP 1: $2.35
TP 2: $2.70
TP 3: $3.30
TP 4: $4.00
Max Leverage: 1x or Buy it on spot Martket
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CTK possible short?1) at important trend level
2) at top median line
3) at resistant level
4) clear rsi divergence
5) at important rsi trend level
what would happen next? let's see ;)
CTK ANOTHER LEG UP?The last CTK idea brought my followers a nice 40% profit. But this won't work if you don't set up your alarms for these levels. Looks like CTK found a local bottom and visited it 3 times... Now under the former support level, spiked nicely with good volume, but looks like that most traders decided to take profit under it. This small consolidation losing volume and could be just a pause before a breakout. If gets rejected, we have nice support for the target to take a SHORT trade. Might take some time, so set an alarm.
GL Traders
CTKUSDT - SUPPLY ZONE ⚠️CTK is currently at major resistance , there's a chance we will pullback from here and set a higher low.
Once we cleared this zone we can move up fast to the next major resistance zone.
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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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