TradingOn

#CTK/USDT 1D (ByBit) Descending wedge on support

Long
TradingOn Updated   
BYBIT:CTKUSDT.P   CTKUSDT Perpetual Contract
Shentu (a.k.a. CertiK) looks likely to reverse after printing that morning star with a dragonfly doji at the bottom.
Relative Strength Index (RSI) also bounced back on oversold territory, revisiting 100EMA resistance would make sense.

⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Current Price:
0.4665

Entry Zone:
0.4628 - 0.4384

Take-Profit Targets:
1) 0.5175
1) 0.5678
1) 0.6181

Stop Targets:
1) 0.3947

Published By: @TradingOn

$CTK #CTKUSDT #Shentu #CertiK #BSC shentu.technology

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +44.5% | +78.0% | +111.5%
Possible Loss= -37.2%
Estimated Gaintime= 1-3 months

www.shentu.technology/
Trade active:
ByBit USDT, Binance Futures
#CTK/USDT Entered entry zone ✅
Period: 3 Hours 36 Minutes ⏰

BINANCE:CTKUSDT.P hit demand zone and seems to be bouncing back already.

Comment:
BINANCE:CTKUSDT.P dipped to demand zone and bounced back strongly, probably forming another morning star.

Trade closed: target reached:
Binance Futures, ByBit USDT
#CTK/USDT Take-Profit target 1 ✅
Profit: 44.5406% 📈
Period: 10 Days 18 Hours 11 Minutes ⏰

⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Entry Zone:
0.4628 - 0.4384 ✅

Take-Profit Targets:
1) 0.5175 ✅
2) 0.5678
3) 0.6181

Stop Targets:
1) 0.4384

Published By: @Zblaba

🎯#CTKUSDT 1D (ByBit) TP1 reached with +1.2R

$CTK bouncing back pretty nicely, time to secure it with SL below entry.

Trade closed: target reached:
Binance Futures, ByBit USDT
#CTK/USDT Take-Profit target 2 ✅
Profit: 61.285% 📈
Period: 11 Days 15 Hours 58 Minutes ⏰

⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Entry Zone:
0.4628 - 0.4384 ✅

Take-Profit Targets:
1) 0.5175 ✅
2) 0.5678 ✅
3) 0.6181

Stop Targets:
1) 0.4628

Published By: @Zblaba

🎯#CTKUSDT 1D (ByBit) TP2 reached with +2.1R

$CTK pushed higher hitting 100EMA resistance, great profit taken, SL adjusted above entry.

Trade closed manually:
⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.4%

Entry Zone:
0.4628 - 0.4384 ✅

Take-Profit Targets:
1) 0.5175 ✅
2) 0.5678 ✅

Stop Targets:
1) 0.4628 ✅

Published By: @Zblaba

❎BINANCE:CTKUSDT.P 1D (ByBit) Remainder closed with +0.2R

$CTK got rejected on 100EMA resistance and retraced all the way down to entry, fully out now.

Comment:
TP3 was finally reached with +3R

CTK went for final target after almost hunting the stop 2 months ago, congrats to those who held to the top, time to take profit!


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.