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🌴
Ckbusd
#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
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.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
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 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 - 4H Bullish trendThe CKBUSDT 4-hour chart indicates a significant breakout above a long-term descending trendline, suggesting a potential bullish reversal. The price action has successfully breached this resistance, signaling a shift in market sentiment from bearish to bullish. This breakout is accompanied by increased volume, which adds credibility to the upward movement.
Additionally, there is a support zone highlighted in green that has held firm, providing a strong base for the recent upward momentum. If the price continues to hold above the trendline, we can expect further gains, with the next target potentially being the $0.026 level. Traders should monitor this breakout for sustained buying pressure and consider long positions while keeping an eye on the support zone for any potential pullbacks.
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.
CKBUSD This rally isn't over yet.Nervos Network (CKBUSD) has been having one of the most successful rallies since the start of the year among high cap tokens and broke above its March consolidation last week. That was the 2nd bullish break-out after the ATH Lower Highs trend-line break-out on the week of February 19 2024.
Last week we had a successful hold of that former Lower Highs trend-line for a second time, which turned it technically from a Resistance to the new Support of this uptrend. An uptrend which may be on an overbought 1D RSI but, as per the parabolic rally of the previous Bull Cycle, it may extend to at least the 1.5 Fibonacci extension. We are expecting 0.08000 minimum in the next 5 months.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Pendle - one of the strongest coin, 445% profit in weeksPendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of time. My profit target is the 2.618 FIB extension, which is 445% profit from the current price if you buy the coin right now.
About Pendle - Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization.
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 IS VERY BULLISH (1D)We are in a large diamond diametric that looks like the E wave is over.
By maintaining the green area, it can be pumped up.
Please note that the time frame is daily and time consuming.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
The key is whether it can rise above 0.003906Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(CKBUSDT chart)
(1D chart)
An important volume profile section is forming around 0.003906.
Accordingly, the key is whether the price can be maintained by rising above 0.003906.
However, a full-fledged upward trend is expected to begin only when the price rises above 0.006045.
If the price remains above 0.003120, which is the upper point of the box section of the HA-Low indicator, it is expected that there will be an attempt to rise above 0.003906.
Otherwise, it is expected to touch around the HA-Low indicator point of 0.002708-0.002870.
Buying at low prices is one way to earn greater profits, but you must be careful because it may take a long time for prices to rise if there is no confirmation that they are going up.
Currently, the point where CKB is preparing to rise is above the 0.003906 point.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Nervos Network (CKB) forming a bullish BAT for upto 23% moveHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Recently we caught a nice pump of CKB as below:
Now on a 4-hr time frame, CKB is about to complete a bullish BAT move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Nervos Network (CKB) formed bullish BAT for upto 10% moveHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Recently we caught a nice pump of CKB
Now again on a 4-hr time frame, CKB has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Nervos Network (CKB) formed bullish Cypher for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Our last successful trade of CKB was as below:
Now on a 4-hr time frame, CKB has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade