CTKUSDT trade ideas
CTKUSDt is creating a pennantthe market created an inverse head and shoulders on 4h timeframe and had a breakout from its neckline.
Now the market is creating a pennant on the daily resistance around 1.5$ .
How to approach?
IF the price is going to have a breakout from the pennant and from the daily resistance, 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 🦐
CTKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. There is the S1 line which was previously the resistance line and is now broken moving toward the shown resistances. The price can make a pullback to the S1 line and then go up or it can continue going up from right here.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$CTK/USDT 4h (#BinanceFutures) Falling channel near breakoutCertiK seems to be ready for short-term recovery, let's enter here with low leverage.
Current Price= 1.145
Buy Entry= 1.147 - 1.097
Take Profit= 1.287 | 1.422 | 1.618
Stop Loss= 0.998
Risk/Reward= 1:1.33 | 1:2.42 | 1:4
Expected Profit= +29.42% | +53.48% | +88.42%
Possible Loss= -22.10%
Fib. Retracement= 0.382 | 0.5 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
www.certik.com www.shentu.technology
Cryptyk (CTK) Buy ZoneCryptyk (CTK) Buy Zone
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BIAS
Mid-Term : Neutral
Long-Term : Neutral
Risk : Medium
Cryptyk is still holding with strength above our $1.15 long term key level, which means we remain bullish short term.
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$CTK/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 1.12 - 1.2
TP 1 : 1.22
TP 2 : 1.26
TP 3 : 1.31
TP 4 : 1.36
TP 5 : 1.42
TP 6 : 1.47
TP 7 : 1.54
TP 8 : 1.65
Stop Loss : 1.02
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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CTK SCALP SHORT!
Entry- Market
Tp 1- $1.1367
Tp2 - $1.1175
Tp3- $1.0987
Tp4- $1.08
Stop Loss $1.2433
Margin 20x
CTK curved channel with supports and resistancesMAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
I guess it will go upGood morning starts with a good trade, wolves🔥
One more formation. So get ready
There was a slight and confident bearish trend before consolidation.
The price multiple times bounced from support and resistance level.
Then there was a bullish breakout.
Possible retest of the level is expected.
Follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
CTK - Wedge Breakout Trade ⚡️CTK is currently within a wedge and we are approaching the triple bottom level at 0.80.
There is a possibility that we can bounce from the recent structure level at 1.40 but the best place to get in would be the 0.80 level. We may be in a bear flag right now and could be seeing one more drop back to the lows.
Trade Idea:
- Watch for price to come back to the 0.80 level
- Enter with stops below that level
- Target the recent highs as first target (3) and then target 3.8 as second target
Please be mindful that a confirmed breakout will be after the break of the descending black trendline.
Goodluck and trade safe!