CTKUSDT - Potential buy re-entry 🔼CTKUSDT bounced off the ascending channel support and brokeout above the falling wedge resistance.
Price retraced and it's testing the trendline support.
Price action is printing an ascending triangle pattern.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target 🎯 - resistance levels
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.
CTKUSDT trade ideas
CertiK CTKUSDT - Parallel channel, bull market +300%- The price is currently breaking up of the descending bullish channel
- 1.618 fib extension for 3rd wave is expected
- RSI is breaking out of the trendline
- Low capitalization, we can ez see much higher prices, up to 4-5 USD per coin
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Ctkusdt on the verge of breakoutHey guys keep an eyes on this coin, everything seems ready for massive breakout.
Kindly follow the suggested BUY zone on the chart and always remember to apply stop loss according to the chart and your personal set risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
Kindly go through the chart and leave us your comments with your likes and also follow us for more trading updates.
Thank you.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
CTK/USDT - Long - Potential 15.45% ***NEW TRADE SET UP"**
CTK/USDT - Long - Potential 15.45%
Optional Leverage: N/A
Entry- 1.2080
TP1(75%) -1.2852
TP2- (25%) - 1.3946
SL- 1.1167
- MANAGE TRADES- BTC VOLATILITY STILL HIGH
- RR - 2.04
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No