CTKUSDT | LIMITED DOWNSIDECTKUSDT is in a downtrend. The price action has reached to a strong horizontal support zone. Previously bulls get some strength from same support zone.
We are expecting bulls will get control. While any downside below the support zone will give strength for bears.
Trade your levels accordingly.
CTKUSDT trade ideas
CTK Could Get a Little Bullish Momentum - Cryptoz18❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Operational Information
• Entry price: 0.7787
• StopLoss: 0.7594 (Loss 2.48%)
• TakeProfit Minimum: 0.7980 (Win 2.48%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
CTKU LONG POSITION SCALP TRADE Going long on CTKU/USDT on a 5x leverage. Entry, stop loss and take profit on chart. I advise you lever marker after profit 2. Good luck. Like and comment for analysis
BTCUSDT ( 2022,07,09 )djs d dd j dod kjdk mkodd m ddj
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Second entre for a short 6,8% CTKUSDTHere a nice second divergence for a short entry if you miss the first one.
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.
CTKUSDT is testing the monthly resistanceThe price is in consolidation phase above the daily support and below the monthly resistance (0.89)
The price got rejections from 0.95$ from the supply zone.
How to approach it?
IF the price is going to have a breakout from the monthly resistance and 4h resistance and retest it as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐