CTK - We may see new lowsReasons to take short:
⭐️ BTC bearish
⭐️ Global market is bearish
⭐️ Global trend is bearish
⭐️ Trendline and key level are visible on multiple timeframes
⭐️ 5th touch
⭐️ Volume at top
⭐️ We are in the end of formation
⭐️ Under VWAP
⭐️ 55 ATR
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CTKUSDT trade ideas
CTKUSDT is testing the 0.618 Fibonacci level!The price is creating a descending channel after the rejection from the supply as I told you in my previous idea.
At the moment the price got bounced from the 1.13 Fibonacci Ext and the market is going to retest the previous daily support as new resistance exactly on 0.618 Fibonacci level.
How to approach?
IF the price is going to have a rejection from that area, we could see a new bearish impulse until the monthly support exactly on 1.272 Fibonacci EXT.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
CTK - Road to heaven 🕊☁️- Market is scared
- Mirror level
- Slowly squeezing up
- ATR 37
- Over VWAP
- Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CTK/USDT LongLet see what will happend next, hope stick with the plan, and keep an eye on btc price good luck for us!
CTK LONG POSITION CTK is looking bullish after retracing so I’ll be going long.
Entry position: now or 1.485
Target 1: 1.528
Target 2: 1:566
Target3 : 1.601
Target 4: 1.653
Stop loss: 1.409
Leverage: 10x
Bitcoin determines the market trend most of the time, so trade with caution and do your own research
CTKUSDT wants to retest the supply zonethe price had a breakout from the daily dynamic resistance and static one on 1.2$ and hot the market is testing the 1.4$ daily resistance.
On the 4h timeframe, the price is creating an ascending channel and got the first rejection from the supply zone on 1.475$
How to approach?
If the price is going to have the breakout from the 1.4$ confluence zone, we could see a new retest of 1.5$. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
The Laws of Wyckoff: Effort Vs ResultIntroduction:
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Richard Demille Wyckoff (November 2, 1873 – March 7, 1934) was considered one of the five “titans” of technical analysis , along with Dow, Gann , Elliott and Merrill.
Wyckoff was an avid student of the markets, as well as an active tape reader and trader. He observed the market activities and campaigns of the legendary stock operators of his time, including JP Morgan and Jesse Livermore. From his observations and interviews with those big-time traders, Wyckoff codified the best practices of Livermore and others into laws, principles and techniques of trading methodology, money management and mental discipline.
Laws of Wyckoff
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Wyckoff Analysis is fundamentally based off the Three Laws of Wyckoff, which can be found and recognized across many different types of Analysis, the Laws help give insight to our analysis and choice of buying/selling.
The Three Laws of Wyckoff are:
Supply & Demand
Effort vs. Result
Cause & Effect
Law #2: Effort vs. Result
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Wyckoff states that every effort should lead to a result in the financial markets.
The above example describes the concept of Effort vs Result in a Trading Range (Parallel Channel) using Volume & Price Based Analysis
This statement is applied to our charts by using data found on Trading View from the Volume Indicator. When we see abnormally large trading volume at key areas on the chart, such as a defined "TR (Trading Range)" we can usually expect a continued move in that direction, this is called the Breakout of the range.
But if buyers cannot gather enough momentum to continue the Breakout action, they may become trapped, and as prices fall back inside of the defined area, their Effort has produced no Result. That abnormally large trading volume can give us a potential sign that the participants betting on the market to move in that direction failed to gather enough momentum to do so (Light Blue), which leads to them being trapped (Dark Blue) and then a reverse in the opposite direction in price (Purple).
This kind of Analysis is not just "fixed" to the bottom or top of a Trading Range, Effort vs Result can be interpreted a number of ways, for example in the below image we can see that the Effort in this case was not outside of the range, but a failure from the buyers to hold prices INSIDE the range:
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Thank you and if you found this writeup insightful and informative don't forget to hit Subscribe, Like & Comment to show your appreciation. Visit my signature for further education on these concepts in action
Buying and Selling Area for CTK Let's make it very visual, so we can prevent FOMO.
CTK has won its everlasting place in the crypto world.
Nevertheless, like every other asset, we should buy only in the greener area for more safety,
and sell in the red zones.
In my dream this past night, CTK has gone 3USDT. My dreams are often premonitory, so I decided take a look, and it seems a nice entry around 1USD, below better.
CTK/USDT SCALP SETUP FOR 8-10% PROFIT!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CTK/USDT SCALP setup. Breaking out from the cup and handle pattern. Open a long position here and add more in dips.
Entry:- $1.10-$1.12
Target:- 8-10%
SL:- $1.088
Lev:- 10x
If you like this idea then do support it with like and follow.
Thank You!
CTK/USDT: CUP & HANDLE BREAKOUT.Welcome folks to this trade set-up on CTK/USDT.
CTK has formed a cup & handle pattern, broke out of it, do its retest, and is now ready to rally higher. I am targeting at leat 6-8% pump from the current price level.
Entry will be between $1.105 to $1.13
Stop Loss: $1.083
Targets: 5%-10%.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this. I am reliable for my own losses and profits. So, trade as per your preference.
Do like and follow for more interesting updates.
Thank you.
CTK/USDT 15 Minutes ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
Entry:- $1.10-$1.12
Target:- 8-10%
SL:- $1.088
Lev:- 10x to 20x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
CTK/USDT 15M UPDATE BY CRYPTOSANDERSWelcome to this quick
CTK/USDT analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- CTK/USDT SCALP setup. Breaking out from the cup and handle pattern. Open a long position here and add more in dips.
Entry:- $1.111-$1.119
Target:- 10% to 15%
SL:- $1.093
Lev:- 5x to 10x
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Cryptyk (CTK) Sell ZoneCryptyk (CTK) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Neutral
Risk : High
Cryptyk will likely be a short-term correction down to a potential low around $0.985, where we would retest our previous long-term support zone and expect a high volume and high strength move up above this entry zone.
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$CTK/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 1.175 - 1.23
TP 1 : 1.162
TP 2 : 1.145
TP 3 : 1.1
TP 4 : 1.086
TP 5 : 1.06
TP 6 : 1.025
TP 7 : 1
TP 8 : 0.985
Stop Loss : 1.275
*Maximum 2% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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