CTK looks bullishIt looks like we have a large diametric on the chart that we are now in the F wave selection.
By maintaining the green range, it can move up to complete the G wave.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CTKUSD
CTK LOOKS BULLISH (1D)We have good bullish confirmations on the chart. (iBOS and CH and broken trigger line)
If a pullback occurs on the green level, it is a good opportunity for buy/long positions.
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
CTK, another impulse on the way?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
SEED_ALEXDRAYM_SHORTINTEREST1:CTK
Found this on a scan and have been tracking well.
Stalking it since mid-Dec.
Time to take notice, MO.
Reacted from level identified, moved to an AOI identified, with a reaction out of said AOI.
IF:THEN.
NEVER a certainty, obvi, but interesting.
#CTK/USDT#CTK
The price has been moving in a bear flag since July 2022
We are about to break that pattern by breaking the downtrend
Supported by oversold on MACD
Current price 0.530
First goal 0.820
Second goal 1.015
Which represents 200% of the current price
This rise will be faster if the moving average breaks 100
You must pay attention to the correction points on the chart
Shentu / US Dollars (CTKUSDT) Coin Analysis 11/09/2023Fundamental Analysis:
Shentu Chain is a security-focused delegated proof-of-stake blockchain designed for the secure execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles. The platform places a strong emphasis on cross-chain compatibility and operates as a Cosmos Hub with comprehensive compatibility for EVM (Ethereum Virtual Machine) and Hyperledger Burrow. It also supports eWASM and Ant Financial's AntChain. Shentu Chain offers a Security Oracle that delivers real-time monitoring of on-chain transactions across various protocols, proactively identifying and flagging potential malicious vulnerabilities before they can be exploited. Depending on their security score, audited blockchain projects from any protocol may qualify for ShentuShield membership, a decentralized reimbursement system designed to compensate users for crypto assets that are lost or stolen due to security issues. ShentuShield memberships are open to all community members of eligible blockchain projects, providing an added layer of security for crypto asset holders in case of unexpected events.
Projects on Shentu Chain have the option to code in DeepSEA, an exceptionally secure programming language supported by prominent organizations such as the Ethereum Foundation, Qtum Foundation, and IBM. DeepSEA seamlessly interfaces with the Shentu Virtual Machine (SVM), which is fully compatible with EVM. SVM introduces innovative ways to access, verify, and incorporate risk-related information into smart contract decisions. The native digital utility token of Shentu Chain is CTK, which serves as the core utility for various on-chain functions, including operating the Security Oracle and ShentuShield systems, covering gas costs on the Shentu Chain, and participating in governance decisions within the network.
ShentuShield is a decentralized membership system designed to facilitate reimbursements for lost or stolen cryptocurrency assets from any blockchain protocol. The decision-making process for reimbursements lies entirely in the hands of ShentuShield members, who can be blockchain projects or individual community supporters. Members have the option to participate in various capacities, either as Collateral Providers or Shield Purchasers. Collateral Providers contribute their own collateral, typically in the form of CTK tokens, and in return, they earn staking rewards on their staked CTK. They also receive a portion of the fees paid by Shield Purchasers.
Shield Purchasers, on the other hand, set aside funds from the Pool to act as a reserve for potential reimbursements of their own cryptocurrency assets. In exchange for this protection, Shield Purchasers pay a fee in CTK, which directly benefits the Collateral Providers. The CTK fees collected from Shield Purchasers are used to compensate Collateral Providers in the event of a reimbursement request.
This unique system fosters a collaborative ecosystem where participants collectively share the responsibility of safeguarding crypto assets and providing reimbursement support. It offers transparency through a list of publicly viewable and audited clients, ensuring accountability and trust within the community.
The Security Oracle comprises a decentralized network of operators equipped with cutting-edge security technologies, responsible for assessing the trustworthiness of mission-critical smart contracts, particularly those employed in DeFi applications. As compensation for delivering real-time, updatable security scores, these operators are rewarded with CTK tokens. The Security Oracle is designed for interoperability, making it compatible with any protocol. This interoperability empowers users of various protocols to make informed decisions before engaging with smart contracts. Smart contracts that have integrated the Security Oracle can proactively identify and block potentially malicious transactions, thereby mitigating the risk of cryptocurrency asset loss.
Although the Shentu Virtual Machine (SVM) is fully compatible with the Ethereum Virtual Machine (EVM), its architecture is inspired by the widely used x86-64 OS process model found in computers worldwide. There is also potential for future extensions to support arm64. The SVM introduces the capability to configure on-chain security parameters, allowing smart contracts to interact with one another in ways that align with their individual risk tolerances. Moreover, the SVM is designed to incorporate a smart contract sandbox, which isolates the operation of smart contracts, particularly those that haven't been adequately secured, from the broader system. This isolation enhances security and minimizes potential risks associated with unverified smart contracts.
DeepSEA is a highly secure programming language and compiler toolchain that seamlessly integrates with the Shentu Virtual Machine (SVM), Ethereum Virtual Machine (EVM), eWASM, and Ant Financial's AntChain. DeepSEA has received research grants from Ethereum, IBM-Columbia, and Qtum to advance its exceptionally secure programming language. When developers use DeepSEA for coding, the language automatically generates mathematical proofs to demonstrate the alignment between the intended specification and the actual code. This automatic proof generation enables a more comprehensive level of formal verification and correctness in smart contract development, enhancing security and reliability.
Technical Analysis:
We have applied Fibonacci retracement tools, extending from $0 to $3.97 the so called last great bullish cycle. Within this analysis, we have identified potential support and resistance areas on the chart based on the retracement levels.
In addition to the retracement levels, we have utilized Fibonacci projection tools to delineate additional potential support areas below the previous all-time low price. This projection is based on the most recent market cycle. Consequently, we have established two potential support levels at $0.45 and $0.2.
Furthermore, we have outlined three potential price targets using the Fibonacci retracement levels from the ATH cycle. These targets are anticipated within the next few weeks to months and are as follows:
First Target Price (1 TP): $0.85
Second Target Price (2 TP): $1.5
Third Target Price (3 TP): $2
These levels serve as key reference points for our analysis, guiding our expectations for future price movements.
Sentiment Analysis:
Considering the possibility of depreciation in the total market capitalization of cryptocurrencies and the price of Bitcoin (BTC) in the upcoming months, it is reasonable to consider employing a Dollar Cost Averaging (DCA) strategy for long positions at the specified support levels.
CTK ANALYSIS (12H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the CTK symbol.
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
CTK SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CKT symbol.
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
CTKUSDT Price Action: Key Demand Zone and Triangle Pattern💎#CTK is currently revisiting the critical demand zone, which has been tested multiple times since May 2022. The ongoing consolidation within the triangle pattern indicates the potential for a bounce off the uptrend trendline. The robustness of the current support level suggests a bullish outlook, with a potential target of the upper boundary of the triangle pattern.
💎Notably, the 61.8% Fibonacci level and the 100 Exponential Moving Average have acted as significant resistance levels in the past, further reinforcing the importance of the upper boundary. As long as the price remains within the support and downtrend trendline, the probability of a continuation of the range-bound market conditions remains high.
💎However, if #CTK manages to break above the supply area, it would confirm a major uptrend. Keep a close eye on price action and volume for potential breakouts or reversals. Stay tuned for further updates!
CTKUSDT to the top of the rangeCTKUSDT has respected the previous low, forming a potential double bottom. Now the probability of an upside move has increased significantly. We are long...
CTK Strong Support Found and Potential 12% Price Increase AheadIntroduction:
CTK Coin is a blockchain-based cryptocurrency that aims to create a decentralized finance ecosystem. It allows users to earn rewards and participate in governance by staking their coins, making it an attractive choice for crypto enthusiasts.
Current Trend Analysis:
CTKUSDT has recently found support at the 78.6% Fibonacci retracement level, indicating that the bulls are still in control of the market. The presence of higher highs (HH) and higher lows (HL) confirms a long-term uptrend.
Price Predictions:
Based on the technical analysis, it is likely that CTKUSDT will experience a price increase of around 12%, towards the 61.8% Fibs level. However, if the bulls maintain their control, the price may potentially go even higher.
Conclusion:
In summary, CTK Coin has been showing a strong bullish trend with support found at the 78.6% Fibonacci retracement level. This, combined with the presence of higher highs and higher lows, indicates a potential price increase of 12% or more.
CTKUSD Long SetupOn the 4H chart, CTK has followed the trend line for a while. And now, we will have a correction, which is an excellent time to buy. The potential reward for this trade could go up to 12% (no leverage) and more.
Long Setup:
Entry: 0.71x
Sl: 0.68x
Tp: 0.8xx
Remember, always trade at your own risk, and never risk more than you can afford to lose.
CTK IDEAHELLO GUYS THIS MY IDEA 💡ABOUT CTKUSDT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like and follow Thanks
CTKUSDT Posible To Bounce Back!CTKUSDT technical analysis update.
CTKUSDT possible to bounce back from the current support zone, If the price breaks below $0.68 then we can expect a significant correction.
Buy zone :$0.780 - $0.810
Stop loss: $0.70
TP 1: $0.870
TP 2: $0.945
TP 3: $1.06
TP 4:$1.28
Always keep stop loss
CertiK (CTK) coin formed bullish Gartley for upto 13.50% moveHi dear friends, hope you are well and welcome to the new trade setup of CertiK (CTK) coin with Bitcoin pair.
On a 4-hr time frame, CTK has formed a bullish Gartley 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
CertiK (CTK) coin forming bullish BAT | A good buy opportunityHi friends, hope you are well and welcome to the new trade setup of CertiK (CTK) coin with US Dollar pair.
Previously we had a nice harmonic trade of CTK:
Now On a 2-hr time frame chart, CTK is very close to complete the final leg of 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
CTKUSDT 350% Potential!CTKUSDT Technical analysis update
CTKUSDT is currently trading at 0.85
CTK price multiple times touched its Support zone in daily chart and the price consolidated from the last 75 days, expecting a bounce back from the current support.
You can take this trade on the spot market.
expecting 300-400% return in a year.