CKBUSDT: Bouncing from Support LevelCKBUSDT technical analysis update
CKB's price has touched a strong support level on the weekly chart and is now bouncing from it. We can expect a bullish move from the current level. On the daily chart, the price has dropped below RSI 30, which is another bullish sign for CKB.
This is a good time to accumulate some CKB.
Target 300%-500%
Regards
hexa
Ckb
Alikze »» CKB | Corrective wave AB=CD pattern🔍 Technical analysis: Corrective wave AB=CD pattern
- In the weekly time frame, after filling the FVG gap, it has faced demand.
- After filling the gap of FVG, this rising wave had a growth of more than 200%, which has again faced selling pressure in the supply area.
- Currently, according to the bearish guard, in case of inability and stabilization above the 0.012200 area, the corrective structure will extend to the PRZ-3 area.
💎 But if it encounters demand again in the first high potential area where there is a FVG gap, it can retest the supply area.
💎In addition, if there is a demand in the PRZ-2 area, it can be extended to the PRZ-3 area with the pullback to PRZ-1.
💎Therefore, one should wait for the demand and return wave in areas with high return potential.
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BINANCE:CKBUSDT
CKB Scalping Trade Setup!🚀 Trade Setup Alert: #CKB 🚀
🔑 Entry: CMP, accumulate up to $0.0164
📉 Stop Loss: $0.01572
⚡ Leverage: 5x-10x
🎯 Targets:
1️⃣ $0.0181
2️⃣ $0.0192
3️⃣ $0.020
4️⃣ $0.0208
🔥 This is a quick scalp setup! Be sure to book profits as you go. Always trade smart and use your SL!
📊 Pro Tip: Risk management is key. Always DYOR and have a plan. Let’s aim for those gains! 💰
Nervos Network (CKB) Post After Halving + ALT SEASON at Q1 2025Good Day Traders !
First of all for my Opinion $CKB Price Action will get a NEW ATH at Q1 2025, there is an such thing do you know.
1. This is a First Time CKB HALVING
in my theory ALT that still using POW will get a higher price after first halving. (ONLY FIRST) not second halving
2. BTC SEASON ECOSYSTEM
CKB Release RGB+ as a supporting Layer for BTC, Seems CKB will got fresh CAPITAL for this new Project
i already bought CKB at 2022 when Bearish, still hold 50% of my portofolio because already MOONBAG!
BINANCE:CKBUSDT
see you at ATH!!
Cheers
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.
💎If #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.
💎But 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.
💎Stay 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🌴
#CKB/USDT#CKB
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at .008700
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 0.011000
The first target is 0.015500
The second goal is 0.019000
The third goal is 0.02230
CKB looks bullishPrice has tested an important flip range and then formed a bullish iCH on the chart. In this situation, a POI has been formed for us, and we will look for buy/long positions in this range.
A trigger line is also broken on the chart
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CKBUSDT Inverse Head and Shoulders PatternCKBUSDT Technical analysis update
CKB price is forming an inverse head and shoulders pattern. The price of the right shoulder is now moving towards the neckline for a potential breakout, 100 and 200 EMA act as good support for the right shoulder. If the breakout occurs, we can expect a strong bullish move in CKB.
Only buy after the neckline breakout.
Stop Loss: $0.0111
Buyers are stepping in to defendCKB has dropped to the support area at $0.0099 and bounced from there. This indicates that buyers are stepping in to defend this level, which strengthens its significance as a support zone. The price action suggests a potential move towards the resistance area, indicating that the market sentiment may be shifting towards a more bullish outlook.
CKBUSDT Crucial Support Test Ahead!Yello, Paradisers! Ready to see where #CKBUSDT is heading? Let’s dive into this critical analysis to stay ahead of the game.
💎 #CKB is currently resting on a key support area. For a confirmed rebound and upward movement, we need to see a bullish candle rejection here. Historically, this support has been strong, sustaining CKB multiple times and preventing further decline. Therefore, there's a high probability that the price will rebound and move back towards our target area.
💎 However, if CKB fails to rebound from the support and breaks down below $0.0135 with a daily close, this would be a bad sign. The price would likely continue downward to the Bullish Order Block (OB) area, where large orders are placed around $0.01.
💎 If CKB reaches the OB area, there's a high probability of a strong rebound and reversal to the upside. However, for the upward movement to continue, the price must reclaim the previous support at $0.0135. If this scenario fails, CKB could fall back to the OB area, which would be a concerning sign.
💎 Bullish invalidation will be confirmed if the daily close candle for CKB is below the OB area. If this happens, the probability of continued bearish movement increases, and the price may dip further.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
CKBUSDT(Nervos Network) Daily tf Range Updated till 05-06-24CKBUSDT(Nervos Network) Daily timeframe range. its been stuck within 0.014592-0.019687 for a while now. staying above 0.014592 will eventually clear 0.019687. if that gets cleared till 0.025146 is open. for now needs to stay above 0.014592.
CKB - 7600% Profit in 2024, buy nowThe CKB coin looks very promising for the upcoming bull market. On the weekly chart, we have a falling wedge, bullish reversal pattern that is currently breaking out! It's always important to take a look at the volume indicator when it comes to breakouts. The bullish volume is extremely high, which confirms my bullish bias. From the Elliott Wave perspective, we have a triple-three corrective pattern that has been completed, which is also a very good sign. Where to take profit? On the chart, you can see 3 profit targets. It's up to you how long you want to wait for your profits. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Is Nervos Network (CKB)?
Nervos Network (CKB) is an open-source public blockchain ecosystem. Its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
The Nervos mainnet launched in November 2019 with a novel dual-layer architecture. There’s a base layer where the consensus mechanism operates and smart assets are stored, and a computation layer where transactions are processed.
The base layer, also known as the Common Knowledge Base, has its own cryptocurrency called CKByte (CKB). It uses the Proof-of-Work (PoW) consensus mechanism and drives the Nervos ecosystem. It is used to pay miners for keeping the network safe, managing network resources, and letting users store things on the network.
The Nervos Network allows developers to create decentralized applications (dApps) that can operate on various blockchain systems. Any of the network layers can be used to run both decentralized apps and smart contracts.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
CKB/USDT in the support area, possible to bounce and back upward💎 Paradisers, the recent market dynamics surrounding #CKB have indeed been noteworthy.
💎 Currently, CKB is hovering around the support zone area, and based on the candlestick patterns, there's potential for a bounce.
💎 If this bounce materializes, CKB could retest the resistance around the 0.0255 area. A successful breakout above this level could propel CKB towards our target strong resistance area.
💎 However, if CKB fails to bounce and breaks down below the support area, it could signal a bearish trend reversal, potentially leading the price to move downward towards the Bullish OB area.
💎 In the Bullish OB area, CKB must bounce back and reclaim the price above the support to maintain its upward momentum towards our target. Failure to do so, with a breakdown below the OB area, could lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
Bullish trend--CKBLike the previous few days, BTC continued to fluctuate around ATH, and most tokens experienced a correction. CKB (Nervos Network) is one of the few tokens that maintains a bullish trend.
Unlike some blockchain that focus on single-layer development, CKB is a layered blockchain. One layer is where state is stored and defined, while the second layer handles most transactions. Such two layered design can improve efficiency and security. However, with the launch of more and more modular blockchains such as Celestia and Altlayer, the advantages of the two-layer design will gradually shrink. Developers and project parties will achieve their goals by using modular blockchain.
However, judging from the price trend, CKB has performed strongly recently, and its continued rise is close to returning to ATH. Let’s take a look at what’s going on with our indicators. First, let’s take a look at the 4h level. After a period of correction, the TSB indicator prompted a BUY signal on April 6, and CKB restarted its rise. After reaching 0.038, like other tokens in themarket, it began to callback. When the column touched the bottom of the blue wavy area, which acted as support, the bulls saw a clear enhancement (shown by the green arrow). The TSB indicator takes effect and CKB starts to rise again.
In addition, at the daily level, on February 5, the TSB indicator prompted a BUY signal. It has gained 600% so far and continues to maintain a healthy bullish trend.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
CKB - Weekly candle analysisBINANCE:CKBUSDT (1W CHART) Technical Analysis Update
CKB is currently trading at $0.02056 and showing overall bullish sentiment. Price has currently broke out from the resistance line and successfully retraced back to its support line.
After the retracement we are seeing price bounce back and heading towards the next resistance line. We have good long trade opportunity is here.
Entry level: $ 0.02058
Stop Loss Level: $ 0.013148
TakeProfit 1: $ 0.03565
TakeProfit 2: $ 0.04492
TakeProfit 3: $ 0.0966
Max Leverage: 3x or Spot
Don't forget to keep stop loss.
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Cheers
GreenCrypto