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.
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Nervos
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.
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.
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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
Nervos Network (CKB) formed bullish Shark for uptol 275% moveHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin.
On a weekly time frame, CKB is forming different bullish harmonic patterns; previously it formed a bullish Cypher and now formed a harmonic bullish Shark pattern. Right now after completing the final leg of this pattern it is moved up, we can wait for some correction so it may give us another chance to buy it from the potential reversal zone.
$CKBUSDT entry PT .029-ish then Target PTs .04 then PT .074Nervos Network Coin Price & Market Data
Nervos Network price today is $0.029379864123 with a 24-hour trading volume of $123,014,967. CKB price is up 44.2% in the last 24 hours. It has a circulating supply of 28 Billion CKB coins and a total supply of ∞. If you are looking to buy or sell Nervos Network, Binance is currently the most active exchange.
Nervos is a layered crypto-economy network. Nervos separates the infrastructure of a crypto-economy into two layers: a verification layer (layer 1) that serves as a trust root and smart custodian, and a generation layer (layer 2) for high-performance transactions and privacy protection.
This document provides an overview of the Nervos Common Knowledge Base (CKB), a public permissionless blockchain and layer 1 of Nervos. CKB generates trust and extends this trust to upper layers, making Nervos a trust network. It's also the value store of the Nervos network, providing public, secure and censorship-resistant custody services for assets, identities and other common knowledge created in the network.
The Nervos Common Knowledge Base (Nervos CKB for short) is a preservation focused, "Store of Assets" blockchain. Architecturally, it's designed to best support on-chain state and off-chain computation; economically, it's designed to provide sustainable security and decentralization. Nervos CKB is the base layer of the overall Nervos Network.
CKBUSDT 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
CKBUSDT Long BiasHey guys hope you doing good.
To me Nervos looks bullish upto 0.10.
This is good time to buy because it is in the zone.
Be remember! Always work zone to zone.
Good luck
Nervos Network CKBUSD - Inflection point A possible inverse head and shoulders with the right shoulder coinciding with the inflection point
Buy order should be entered at this point
Price tends to do this along the Fibonacci circle, stays 'Sticky' to the circle.
#CKB Cup & HandleIf you look at the bottom of the screen, you'll see the RSI indicates we may see a Cup & Handle for here which means we will see a nice push followed by a pullback too potentially too .011463 resistance.
This may be a bearish reversal, as we've also created a Lower Low. Need to be patient here as we move through the morning.
*NFA
#CKB floor is .01 no where but up from hereAs you see we retested the .01 resistance & now making our way back up. What we want to look for next is a nice bull push that will get up back up closer too .015+ then a short pullback.
If we get a Medium pullback well continue to push up but if we get a long pullback we may retest the .01 floor.
*Not Financial Advice
#CKB Double Bottom to start the day off rightHere we are utilizing the Fib Ret. tool and we have a Double Bottom forming here. Over the next few hours we may be on a bit of a bull run towards .0192 resistance which means if were able to break through with a consolidation phase we may be on our way too .21 by middle of the week.
*Not Financial Advice