CTK - are the bears trapped 😱❓Bitcoin, along with the whole market, continues its decline. Yesterday CTK broke through the key level of $1.62, after which we did not see a strong momentum downwards, the price consolidated and has now broken through that level upwards. If this bar closes above the key level, a bullish structure will form on the chart - a complex false breakout. In this case, it could be a bear trap that the big players are using to collect liquidity. As a result of a false breakout, the price can reach the targets that are marked above.
But be careful with your risk management, as bitcoin might fall even lower, to $53-54K. Which would actually pull the whole altcoin market with it.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
CTKBTC
CTKUSDT Reversing From the Major Support!CTKUSDT (DAY CHART) Technical Analysis Update
Reversing From the Major Support
CTK/USDT currently trading at $2.00
Buy-level: $1.85- $2.00
TP 1: $2.35
TP 2: $2.70
TP 3: $3.30
TP 4: $4.00
Max Leverage: 1x or Buy it on spot Martket
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
CTK > Rising Wedge > Jump? Potential Target?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CTK.
According to my technical analysis , CTK is following a trendline support, creating a rising wedge . Now, we are expecting a rise till next resistance.
"My analysis is valid until We don't see a breakout from channel"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
CTK > Trendline Support Breakout & Retest done > Time to go doneHello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CTK.
we have seen a retest so we are short on CTK.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
CTK/BTC buy opportunityBINANCE:CTKBTC is moving sideways for a while, but due to the higher low formed recently, a breakout above 0.000038 area will be considered very bullish and may trigger the next big move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
CertiK CTK breaking out 💪 Certik CTK a midsize market cap with Circulating Supply 4M of 100M is breaking out above both 50 EMA and 100 EMA at the same time after a very long consolidation with increasing bullish volume over the time.
How high will it go? What do you think? Feel free to share your thoughts.
CTKUSDT (CTK) - POTENTIAL BREAKOUT ANALYSIS 🔎
- CTKUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.