Instant money trade💸Wolves🔥
There is a formation that you really like.
Symmetrical triangle on CTKUSDT on 15m frame.
Price started to grow after breaking bearish trend.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
Follow the chart and look for the clear breakout carefully.
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CTKUSDT trade ideas
CTKUSDT is testing the daily resistance 🦐The price is testing the daily resistance after a nice bullrun. IF the price will have a breakout from 4h resistance and retest the daily support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CTK: Can this go upCTK daily chart shows the price is been in a range for more than a month.
Yesterday it tried to go up and couldn't get a daily close above this box.
If BTC holds then we can see price closing above this box in coming days and then zoom.
You can either enter now or buy on a daily close above this box or buy on breakout and retest of the box.
target 1: 4.5$
target 2 : open (as price will be on discovery mode)
CTK similarity?
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
CTK - Could be a start of New RallyI am following this coin for a while. This coin is one of the strong coins, I hope we might see some good profits in next few days. We can see a lot of scam wicks for this coin too. So, Stop Loss should be applied on 1 hr candle close for safety. I think we might see some Bullish MA cross in coming days and that could push the prices up.
Entry - 1.68
TP1- 1.829
TP2- 2.16
TP3- 2.41-2.71 USD
SL - Below 1.27 (1Hr Candle Close)