Nervosnetwork
#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
#CKB ready for a nice bull pushMay see a Touch & Go play out here moving into the morning hoping to catch some momentum as we lead into the weekend.
We usually see the Market get super Volatile around the weekend so let's keep an eye on if we break the bottom resistance then we will need to find our new trend.
*Not Financial Advice
#CKB ready for a Breakout, Touch & Go fixing to be in full-swingAs you see were towards the end of this wedge pattern, just touched the lower resistance which should give us nice momentum to test the upper resistance. If we do break the top resistance we need to pay attention for a retest then get confirmation of a reversal into a bull trend, let's make sure this is not a fake breakout.
*Not Financial Advice
NERVOS giving me the NERVES as it tests resistance and goes upNervos is trading in a rising channel with a recent spike and downturn. It's heading up to a resistance level with low energy. Look for it to test once or twice and head a little bit up into the next price level. Expect a little bit of upward momentum after the retest. Not much money to make here, but might be worth investigating if it gets back to the next level.
It has had a moonshot direction recently. cointelegraph.com
Everything original is forgotten plagiarism... and I forgot where I heard that. Or maybe it's every plagiarism is forgotten originality. Only Yoda knows. Yoda trades all stock inversely, doesn't he.
🆓Nervos Network/USDT Analysis (4/3) #CKB $CKBCKB is recovering after dumping a lot from 0.018$ zone to 0.009$ zone. However the selling force is still dominated so we shouldn't invest too much in this coin because it still has a possibility to move down to 0.009$ zone again.
📈BUY
-Buy: 0.01-0.0105$. SL if B
-Buy: 0.0088-0.0092$. SL if B
📉SELL
-Sell: 0.012-0.0125$. SL if A
-Sell: 0.0155-0.016$. SL if A
♻️BACK-UP
-Buy: 0.0076-0.008$. SL if B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
🆓Nervos Network/USDT Analysis (18/2) #CKB $CKBCKB is rebounding with the Three Advancing White Soldiers Candlestick Pattern after correcting to $0.01 zone. This will make the next bull run of CKB very strong and stable with a target of $0.016
However, we still need to prepare for a bad case once CKB loses 0.01$ zone and fall down to 0.008$ zone. This zone is very strong to help us earn good profit
📈BUY
-Buy: 0.0098-0.0102$. SL if B
📉SELL
-Sell: 0.0155-0.016$. SL if A
♻️BACK-UP
-Sell: 0.0098-0.0102$ if B. SL if A
-Buy: 0.0078-0.0082$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
🆓Nervos Network/USDT Analysis (11/2) #CKB $CKB$0.0075 zone has been stopping the drops of CKB over the past 3 days and this could help CKB increase in the next few days to 0.01$ or 0.012$.
📈BUY
-Buy: 0.0073-0.0077$. SL if B
📉SELL
-Sell: 0.0095-0.01$. SL if A
-Sell: 0.012-0.0125$. SL if A
♻️BACK-UP
-Sell: 0.0073-0.0077$ if B. SL if A
-Buy: 0.006-0.0063$. SL if B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
Nervos Network Low Is In (93% Target Mapped)About Nervos Network
The Nervos Network describes itself as an open-source public blockchain ecosystem and collection of protocols. The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. It reportedly allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. It aims to capture the total network value through its "store of value" crypto-economic design and native token, the CKByte.
Source: Coinmarketcap.com
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Here we have the full chart for Nervos Network (CKBBTC) .
Prices are now trading above EMA10 while aiming for the next resistance.
Multiple scenarios are drawn on the chart.
Namaste.