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CKBUSDT trade ideas

Bullish trend--CKBLike the previous few days, BTC continued to fluctuate around ATH, and most tokens experienced a correction. CKB (Nervos Network) is one of the few tokens that maintains a bullish trend. Unlike some blockchain that focus on single-layer development, CKB is a layered blockchain. One layer is where state is stored and defined, while the second layer handles most transactions. Such two layered design can improve efficiency and security. However, with the launch of more and more modular blockchains such as Celestia and Altlayer, the advantages of the two-layer design will gradually shrink. Developers and project parties will achieve their goals by using modular blockchain. However, judging from the price trend, CKB has performed strongly recently, and its continued rise is close to returning to ATH. Let’s take a look at what’s going on with our indicators. First, let’s take a look at the 4h level. After a period of correction, the TSB indicator prompted a BUY signal on April 6, and CKB restarted its rise. After reaching 0.038, like other tokens in themarket, it began to callback. When the column touched the bottom of the blue wavy area, which acted as support, the bulls saw a clear enhancement (shown by the green arrow). The TSB indicator takes effect and CKB starts to rise again. In addition, at the daily level, on February 5, the TSB indicator prompted a BUY signal. It has gained 600% so far and continues to maintain a healthy bullish trend. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
CKB - Weekly candle analysisBINANCE:CKBUSDT (1W CHART) Technical Analysis Update CKB is currently trading at $0.02056 and showing overall bullish sentiment. Price has currently broke out from the resistance line and successfully retraced back to its support line. After the retracement we are seeing price bounce back and heading towards the next resistance line. We have good long trade opportunity is here. Entry level: $ 0.02058 Stop Loss Level: $ 0.013148 TakeProfit 1: $ 0.03565 TakeProfit 2: $ 0.04492 TakeProfit 3: $ 0.0966 Max Leverage: 3x or Spot Don't forget to keep stop loss. Follow us for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
1
LONG #CKBUSDTLONG #CKBUSDT from $0.0188 1h TF. The instrument is in the growth leaders today, I will consider a local long for the withdrawal of the nearest remaining liquidity, at the current we observe an increase in trading volumes, the price is impulsively pressed under the hourly slope with several touches, the breakdown of which I expect to see, with the update of the nearest hourly high, I will consider entering the breakdown of the slope with the potential to move to the seller's zone of interest at around $ 0.021500
Long
by CScalp_EN
#CKBUSDT continued growth!LONG #CKBUSDT from $0.0209 1h TF. This instrument shows globally very strong growth, the upward movement structure continues, the price was able to gain a foothold above the previous sidewall, there are still very high trading volumes as well as high activity from the buyer, the previously left imbalance was blocked from below and a new sidewall was formed with a cascade of levels from above, the breakdown of which I will consider, I expect to see an impulse breakdown in the long at the next price compression to an inclined one, and the further growth of the coin to the level of $ 0.024
Long
by CScalp_EN
1
✴️ Nervos Network 500% Potential Mapped (Name Your Altcoin)While this isn't the best chart around, Nervos Network (CKBUSDT) is still trading within a higher low compared to December 2022 and recently displayed above-average purchase volume, very recently, which can signal that a reversal is soon to take place. This bullish potential remains valid as long as CKBUSDT trades above 0.002000, which is Decembers low. If it moves below this level then a longer correction can develop. Other than that, a nice bullish wave can show up... Based on the current chart and maker wide action the next target can lead to around 500% growth. Based on a higher high hitting after a long-term higher low. Namaste.
Long
by MasterAnanda
2
CKB/USDT Indicating Breakout the key area and continue upward!💎 CKB has recently displayed noteworthy market dynamics, experiencing a significant upward movement towards the bearish OB and supply area. 💎 Should CKB successfully break out above the supply zone, this could signify a bullish momentum, the probability leading to substantial upward movement towards our target strong resistance area. 💎 However, if CKB fails to breach the supply zone, we may witness a rejection, prompting a downward movement towards the demand area around 0.099 to initiate a new momentum. 💎 Upon reaching the demand area, it is crucial for the price to bounce back upwards if there is an intention to resume the upward trajectory and attempt another breakout. 💎 Failure to bounce, or worse, a breakdown below the demand area, would indicate bearish sentiment, resulting in continued downward movement and a potential retreat to the accumulation zone area.
by MyCryptoParadise
2
CKB - continue to sell shortDear My friends, I'm always waiting for a short opportunity for CKB. And I see the opportunity has come. You look at the red line I draw between price growth and trading volume. Also, if you open the RSI indicator to compare correlation. You can also see clear divergence. Currently, BTC price is very beautiful. And those that have not yet increased will increase. But will those that have increased too strongly continue to increase, or will people escape to find other opportunities? After observing and asking questions, I decided to place 2 short and tp orders as shown on the chart. Open the trap at x3 and wait. I still repeat that SL is never redundant, and opportunities will always appear when we have capital. Best Regards,
Short
by DragonCaoB
1