CTKUSDT 1W#CTK broke the descending channel on weekly chart. Currently it is testing the resistance cluster (Ichimoku cloud and 0.382 Fibo level). In case of breakout, it can fly!
CTKUSDT trade ideas
CTK Buy Trade Blueprint: Seizing the Moment for Maximum Gains 🌟**CTK Coin**
CTK Coin is a native cryptocurrency of the CryptoKit platform. CryptoKit is a decentralized application (dApp) that allows users to buy, sell, and trade cryptocurrencies. Users can also use CryptoKit to stake their CTK coins to earn rewards.
**Short Fundamental Analysis**
* CTK Coin has a total supply of 100 billion tokens.
* The current circulating supply of CTK Coin is 50 billion tokens.
* The market capitalization of CTK Coin is approximately \$100 million.
* CTK Coin is currently trading at \$0.002 per token.
**Recent News**
* CryptoKit has announced the launch of its new staking platform. Users can now stake their CTK coins to earn rewards of up to 10% per year.
* CryptoKit has partnered with a major cryptocurrency exchange to list CTK Coin. This will make it easier for users to buy, sell, and trade CTK Coin.
* CryptoKit has announced the development of a new mobile app. The app will allow users to access CryptoKit's services from their mobile devices.
**Disclaimer**
This is not financial advice. Please do your own research before investing in CTK Coin.
#CTK #CTKUSDTApproaching a significant breakout, a falling wedge pattern has formed within a 3-day timeframe. In the event of a breakout, we anticipate a potential increase of +200%.
Update the previous CTK analysisTrading Staplas but the strategy was right
I expect to continue to advance according to the previous post's description and arrive at Ardar Block
Ie two red lines
And after reaching this bloc, we will either see a fall or see a beautiful climb.
#CTK/USDT is testing the PWH $0.513 resistance zone in 4-Hour TF#CTK/USDT is testing the PWH $0.513 resistance zone in 4-Hour TF!
$CTK needs to clear this zone to gain the bullish momentum. Wait for BO/retest to long it.
I will wait for Trendline breakdown/retest to short #CTKUSDT.
CTK START NEW VOLUMECTK looks to have a new volume, this can be confirmed in the coming time for more.
Since 04 OCTO 2023 this coin building for the next increase.
ctk currency signal analysisSelling pressure is over and we have a positive divergence
It can continue to grow from this price
and advance towards the order block
Don't forget to save profit
Ctk 4h Long❇️CTK analysis in the shortterm (4H timeframe)
💹CTK is placed in a new channel, which according to the routine, we will take a long position at the bottom of the channel and a short position at the top of the channel (priority of orderblocks).
📊The type of channeling is unconventional and is drawn in live market, and it is different from the conventional channeling of price action and other styles and has a higher benefit than them.
❎according to the type of position at the top and bottom of the stop channel.
🔰 If the stop is taken, if the price enters the channel again, the position should be taken again.
📈Be prosperous. 💵💷💴
#CTK/USDT is testing the Diagonal Trendline in 1-Hour TF!#CTK/USDT is testing the Diagonal Trendline in 1-Hour TF!
$CTK rejecting from PWL $0.451 resistance level. If PDL break, we can short it.
Shentu / US Dollars (CTKUSDT) Coin Analysis 11/09/2023Fundamental Analysis:
Shentu Chain is a security-focused delegated proof-of-stake blockchain designed for the secure execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles. The platform places a strong emphasis on cross-chain compatibility and operates as a Cosmos Hub with comprehensive compatibility for EVM (Ethereum Virtual Machine) and Hyperledger Burrow. It also supports eWASM and Ant Financial's AntChain. Shentu Chain offers a Security Oracle that delivers real-time monitoring of on-chain transactions across various protocols, proactively identifying and flagging potential malicious vulnerabilities before they can be exploited. Depending on their security score, audited blockchain projects from any protocol may qualify for ShentuShield membership, a decentralized reimbursement system designed to compensate users for crypto assets that are lost or stolen due to security issues. ShentuShield memberships are open to all community members of eligible blockchain projects, providing an added layer of security for crypto asset holders in case of unexpected events.
Projects on Shentu Chain have the option to code in DeepSEA, an exceptionally secure programming language supported by prominent organizations such as the Ethereum Foundation, Qtum Foundation, and IBM. DeepSEA seamlessly interfaces with the Shentu Virtual Machine (SVM), which is fully compatible with EVM. SVM introduces innovative ways to access, verify, and incorporate risk-related information into smart contract decisions. The native digital utility token of Shentu Chain is CTK, which serves as the core utility for various on-chain functions, including operating the Security Oracle and ShentuShield systems, covering gas costs on the Shentu Chain, and participating in governance decisions within the network.
ShentuShield is a decentralized membership system designed to facilitate reimbursements for lost or stolen cryptocurrency assets from any blockchain protocol. The decision-making process for reimbursements lies entirely in the hands of ShentuShield members, who can be blockchain projects or individual community supporters. Members have the option to participate in various capacities, either as Collateral Providers or Shield Purchasers. Collateral Providers contribute their own collateral, typically in the form of CTK tokens, and in return, they earn staking rewards on their staked CTK. They also receive a portion of the fees paid by Shield Purchasers.
Shield Purchasers, on the other hand, set aside funds from the Pool to act as a reserve for potential reimbursements of their own cryptocurrency assets. In exchange for this protection, Shield Purchasers pay a fee in CTK, which directly benefits the Collateral Providers. The CTK fees collected from Shield Purchasers are used to compensate Collateral Providers in the event of a reimbursement request.
This unique system fosters a collaborative ecosystem where participants collectively share the responsibility of safeguarding crypto assets and providing reimbursement support. It offers transparency through a list of publicly viewable and audited clients, ensuring accountability and trust within the community.
The Security Oracle comprises a decentralized network of operators equipped with cutting-edge security technologies, responsible for assessing the trustworthiness of mission-critical smart contracts, particularly those employed in DeFi applications. As compensation for delivering real-time, updatable security scores, these operators are rewarded with CTK tokens. The Security Oracle is designed for interoperability, making it compatible with any protocol. This interoperability empowers users of various protocols to make informed decisions before engaging with smart contracts. Smart contracts that have integrated the Security Oracle can proactively identify and block potentially malicious transactions, thereby mitigating the risk of cryptocurrency asset loss.
Although the Shentu Virtual Machine (SVM) is fully compatible with the Ethereum Virtual Machine (EVM), its architecture is inspired by the widely used x86-64 OS process model found in computers worldwide. There is also potential for future extensions to support arm64. The SVM introduces the capability to configure on-chain security parameters, allowing smart contracts to interact with one another in ways that align with their individual risk tolerances. Moreover, the SVM is designed to incorporate a smart contract sandbox, which isolates the operation of smart contracts, particularly those that haven't been adequately secured, from the broader system. This isolation enhances security and minimizes potential risks associated with unverified smart contracts.
DeepSEA is a highly secure programming language and compiler toolchain that seamlessly integrates with the Shentu Virtual Machine (SVM), Ethereum Virtual Machine (EVM), eWASM, and Ant Financial's AntChain. DeepSEA has received research grants from Ethereum, IBM-Columbia, and Qtum to advance its exceptionally secure programming language. When developers use DeepSEA for coding, the language automatically generates mathematical proofs to demonstrate the alignment between the intended specification and the actual code. This automatic proof generation enables a more comprehensive level of formal verification and correctness in smart contract development, enhancing security and reliability.
Technical Analysis:
We have applied Fibonacci retracement tools, extending from $0 to $3.97 the so called last great bullish cycle. Within this analysis, we have identified potential support and resistance areas on the chart based on the retracement levels.
In addition to the retracement levels, we have utilized Fibonacci projection tools to delineate additional potential support areas below the previous all-time low price. This projection is based on the most recent market cycle. Consequently, we have established two potential support levels at $0.45 and $0.2.
Furthermore, we have outlined three potential price targets using the Fibonacci retracement levels from the ATH cycle. These targets are anticipated within the next few weeks to months and are as follows:
First Target Price (1 TP): $0.85
Second Target Price (2 TP): $1.5
Third Target Price (3 TP): $2
These levels serve as key reference points for our analysis, guiding our expectations for future price movements.
Sentiment Analysis:
Considering the possibility of depreciation in the total market capitalization of cryptocurrencies and the price of Bitcoin (BTC) in the upcoming months, it is reasonable to consider employing a Dollar Cost Averaging (DCA) strategy for long positions at the specified support levels.
CTK Macro viewThis chart is based on maximum estimates However in my point of view. Targets are not accurate but it could be less .
Examples maximum TP here for CTK is 33, 32
Second probable TP is 23
Finally is 17 which is fair enough.
CTKusdtCTKusdt entry today.
Long Position
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
CTKusdtCTKusdt long entry.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
CTKUSDT.P Long opportunityOn the H4 chart of CTKUSDT.P, it seems that the price has completed a bearish 5-wave cycle with an AO divergence indicator. A recently formed bullish pin bar could be an optimal level to enter the market with targets in ABC/1-5 rally.
CTK ANALYSIS (12H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the CTK symbol.
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
CTKUSDTNot an investment recommendation. This chart was made for personal study and personal use only. If you liked the idea, please like it. If not, write why. In my humble opinion, the price will go up.
CTKUSDT CTKUSDT is under strong sell pressure. After the recent sell pressure the instrument is slowly recovering but again about to face the declining trendline. Will this region again put the instrument to downside?
CTKUSDT 1D LONG📈Hi all. CTK 3 years! forms a triangle. The output can be powerful. I am considering a set to the spot or an entry on a breakdown / retest. Goals on the chart.
CTK/USDT - CertiK: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $CTK / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.765 | 0.791 | 0.86, and the major support zones can be found at 0.696 | 0.653 | 0.584. Consider entering at the current price zone of 0.753 and targeting higher levels.
◰◲ General info :
▣ Name: CertiK
▣ Rank: None
▣ Exchanges: Binance, Bybit, Gateio, Mexc, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.753 ₮
▣ 24HVol: 534,404.273 ₮
▣ 24H Chng: 1.074%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.765 | 0.791 | 0.86
◢ Support: 0.696 | 0.653 | 0.584
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: 1.11
▣ Last 3-Y: -0.43
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: 0.90
▣ Last 3-Y: 1.19
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.70 - Bullish
▣ Reddit sentiment score is 0.84 - V. Bullish
▣ In-depth CTKUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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