Is #CKBUSDT About to Breakout of Falling Wedge? Get Ready
Yello, Paradisers! Is #CKB on the verge of a major breakout, or is a pullback looming? Let's dive into the latest analysis of #NervosNetwork and see what's happening:
💎#CKBUSDT is showing strong potential for a bullish continuation as it hovers above a critical demand zone at $0.0079. We've been keeping a close eye on #NervosNetwork as it navigates through a falling wedge pattern—a formation that typically signals an imminent breakout. The next target in sight? The internal minor resistance at $0.0135.
đź’ŽIf #CKB holds firm at this resistance, we could be on the brink of a substantial bullish rally, echoing previous powerful market moves. A successful breakout above the key resistance at $0.0135 could open the floodgates, pushing towards higher resistance zones and possibly propelling us even further.
đź’ŽBut here's where caution is key: if the momentum falters at this critical demand zone, we might witness a pullback to the lower demand area, ranging between $0.0059 - $0.0066.
đź’ŽStay sharp and monitor the CKB price action closely. A daily close below this demand area could invalidate the bullish scenario and set the stage for further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
💎#CKBUSDT is showing strong potential for a bullish continuation as it hovers above a critical demand zone at $0.0079. We've been keeping a close eye on #NervosNetwork as it navigates through a falling wedge pattern—a formation that typically signals an imminent breakout. The next target in sight? The internal minor resistance at $0.0135.
đź’ŽIf #CKB holds firm at this resistance, we could be on the brink of a substantial bullish rally, echoing previous powerful market moves. A successful breakout above the key resistance at $0.0135 could open the floodgates, pushing towards higher resistance zones and possibly propelling us even further.
đź’ŽBut here's where caution is key: if the momentum falters at this critical demand zone, we might witness a pullback to the lower demand area, ranging between $0.0059 - $0.0066.
đź’ŽStay sharp and monitor the CKB price action closely. A daily close below this demand area could invalidate the bullish scenario and set the stage for further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Trade closed: target reached
đź’ŽNailed it again - #CKB is up 178.12%, right on cue!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.