CTKUSDT - Potential buy re-entry 🔼
CTKUSDT bounced off the ascending channel support and brokeout above the falling wedge resistance.
Price retraced and it's testing the trendline support.
Price action is printing an ascending triangle pattern.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target 🎯 - resistance levels
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.
Price retraced and it's testing the trendline support.
Price action is printing an ascending triangle pattern.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target 🎯 - resistance levels
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.
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.