TradingOn

$CTK/USDT 4h (#Bybit) Ascending wedge on resistance

Short
TradingOn Updated   
BYBIT:CTKUSDT.P   CTKUSDT Perpetual Contract
CertiK seems likely to pull-back towards 100EMA support before continuing with the bullish move.

⚡️⚡️ #CTK/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (10.5X)
Amount: 4.9%

Current Price:
0.8276

Entry Targets:
1) 0.8336

Take-Profit Targets:
1) 0.7850

Stop Targets:
1) 0.8660

Published By: @TradingOn

$CTK #CTKUSDT #CertiK #Shentu

Risk/Reward= 1:1.5
Expected Profit= +61.2%
Possible Loss= -40.8%

Trade active:
Entry filled

Fake out and dump scenario in play after that evening star, great entry so far!

Trade closed: target reached:
🎯TP reached with +1.5R

CertiK got rejected and retraced down as planned, so nice when it works as a charm!


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.