CKBUSD Major bullish break-out. Expect more upside ahead.
Nervos Network (CKBUSD) broke this week above the 1D MA200 (orange trend-line) for the first time since June 17. This is a major bullish break-out signal as every time this happened historically after a Lower Highs trend-line break-out, the price in 3 cases made a new High and in 2 reached at least the 0.85 Fibonacci retracement level.
As a result, we expect a strong bounce on the 1D MA200 to target at least 0.02900.
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As a result, we expect a strong bounce on the 1D MA200 to target at least 0.02900.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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