Altsignals

CTK - Unconvincing Breakout

BINANCE:CTKUSDT   CTK / TetherUS
The first breakout that broke the descending trend early October, reversed from the 50 fibonacci level. We had a mother recent breakout which was very weak. We could see CTK roll over to the downside to the 1.4 level or even the 1.0 level.

Watching for bear flags to indicate bearish momentum and taking this one down.

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