#CTK/USDT 1D (ByBit) Descending wedge on support

Updated
Shentu (a.k.a. CertiK) looks likely to reverse after printing that morning star with a dragonfly doji at the bottom.
Relative Strength Index (RSI) also bounced back on oversold territory, revisiting 100EMA resistance would make sense.

⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Current Price:
0.4665

Entry Zone:
0.4628 - 0.4384

Take-Profit Targets:
1) 0.5175
1) 0.5678
1) 0.6181

Stop Targets:
1) 0.3947

Published By: @Zblaba

CCTK #CTKUSDT #Shentu #CertiK #BSC shentu.technology

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +44.5% | +78.0% | +111.5%
Possible Loss= -37.2%
Estimated Gaintime= 1-3 months

shentu.technology/
Trade active
ByBit USDT, Binance Futures
#CTK/USDT Entered entry zone ✅
Period: 3 Hours 36 Minutes ⏰

BINANCE:CTKUSDT.P hit demand zone and seems to be bouncing back already.

snapshot
Note
BINANCE:CTKUSDT.P dipped to demand zone and bounced back strongly, probably forming another morning star.

snapshot
Trade closed: target reached
Binance Futures, ByBit USDT
#CTK/USDT Take-Profit target 1 ✅
Profit: 44.5406% 📈
Period: 10 Days 18 Hours 11 Minutes ⏰

⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Entry Zone:
0.4628 - 0.4384 ✅

Take-Profit Targets:
1) 0.5175 ✅
2) 0.5678
3) 0.6181

Stop Targets:
1) 0.4384

Published By: @Zblaba

🎯#CTKUSDT 1D (ByBit) TP1 reached with +1.2R

CCTK bouncing back pretty nicely, time to secure it with SL below entry.

snapshot
Trade closed: target reached
Binance Futures, ByBit USDT
#CTK/USDT Take-Profit target 2 ✅
Profit: 61.285% 📈
Period: 11 Days 15 Hours 58 Minutes ⏰

⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Entry Zone:
0.4628 - 0.4384 ✅

Take-Profit Targets:
1) 0.5175 ✅
2) 0.5678 ✅
3) 0.6181

Stop Targets:
1) 0.4628

Published By: @Zblaba

🎯#CTKUSDT 1D (ByBit) TP2 reached with +2.1R

CCTK pushed higher hitting 100EMA resistance, great profit taken, SL adjusted above entry.

snapshot
Trade closed manually
⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Entry Zone:
0.4628 - 0.4384 ✅

Take-Profit Targets:
1) 0.5175 ✅
2) 0.5678 ✅

Stop Targets:
1) 0.4628 ✅

Published By: @Zblaba

BINANCE:CTKUSDT.P 1D (ByBit) Remainder closed with +0.2R

CCTK got rejected on 100EMA resistance and retraced all the way down to entry, fully out now.

snapshot
Note
TP3 was finally reached with +3R

CCTK went for final target after almost hunting the stop 2 months ago, congrats to those who held to the top, time to take profit!

snapshot
binancesmartchainCandlestick AnalysiscertikctkctkusdtcybersecurityFibonacci RetracementMoving AveragesRelative Strength Index (RSI)scalingshentuWedge

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