CTK/USDT Still Strong 💪
The current market structure for CTK/USDT remains bullish. I anticipate a potential 20-40% bullish movement in the upcoming days. However, please note that this statement is based on personal observation and should not be considered as financial advice. Invest wisely and conduct thorough research before making any trading decisions. 🚀📈🔥
Ctkusdtlong
#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/USDT - CertiK: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $CTK / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.765 | 0.791 | 0.86, and the major support zones can be found at 0.696 | 0.653 | 0.584. Consider entering at the current price zone of 0.753 and targeting higher levels.
◰◲ General info :
▣ Name: CertiK
▣ Rank: None
▣ Exchanges: Binance, Bybit, Gateio, Mexc, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.753 ₮
▣ 24HVol: 534,404.273 ₮
▣ 24H Chng: 1.074%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.765 | 0.791 | 0.86
◢ Support: 0.696 | 0.653 | 0.584
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: 1.11
▣ Last 3-Y: -0.43
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: 0.90
▣ Last 3-Y: 1.19
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.70 - Bullish
▣ Reddit sentiment score is 0.84 - V. Bullish
▣ In-depth CTKUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Ctk | Perfect Breakout CTKUSDT
Breakout has already been confirmed
Now we will Buy on Retest,
It is to be seen whether the retest will be successful or not, take the entry only on the successful retest, the activity of the buyers must be displayed at the retesting point.
When you see Bullish Candles (Momentum Candle) at the Retesting Point, take Trade only.
This was our opinion, Allah knows best.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
CTK Brake it or Make it momentCTKUSDT technical analysis update.
CTK currently sitting at its support zone , waiting to bounce back. This is the crucial moment for CTK, the break it or make it moment.
IMO, CTK will possible to bounce back from the current support zone, this is a good time to buy some spot and expect it to grow to $3-$5.
Still, we need to observe the situation carefully, as it might break this support level and trigger a panic sell (which is not impossible).
For spot, Buy zone: $0.71 - $0.81 ; cut loss below $0.67
For swing traders,
Long now with small volume
Stop loss: $0.69
TP 1: $0.943
TP 2: $1.074
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.
accumulation Zone ctk blast is comingWhat Is the Accumulation Area?
The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time.
This can be contrasted with the distribution zone, where institutional investors begin selling their shares. Being able to recognize whether a stock is in the accumulation zone or the distribution zone is helpful to investing success. The goal is to buy in the accumulation area and sell in the distribution area.
CTK can play out on this range a safe trade for a reason !Longing by taking equal lows , Will be partially unloading my bag in the way
CTK/USDT: CUP & HANDLE BREAKOUT.Welcome folks to this trade set-up on CTK/USDT.
CTK has formed a cup & handle pattern, broke out of it, do its retest, and is now ready to rally higher. I am targeting at leat 6-8% pump from the current price level.
Entry will be between $1.105 to $1.13
Stop Loss: $1.083
Targets: 5%-10%.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this. I am reliable for my own losses and profits. So, trade as per your preference.
Do like and follow for more interesting updates.
Thank you.
CTK/USDT 15 Minutes ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
Entry:- $1.10-$1.12
Target:- 8-10%
SL:- $1.088
Lev:- 10x to 20x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
CTKUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN