$CTK/USDT 4h (#BinanceFutures) Falling channel near breakout

CertiK seems to be ready for short-term recovery, let's enter here with low leverage.

Current Price= 1.145
Buy Entry= 1.147 - 1.097
Take Profit= 1.287 | 1.422 | 1.618
Stop Loss= 0.998

Risk/Reward= 1:1.33 | 1:2.42 | 1:4
Expected Profit= +29.42% | +53.48% | +88.42%
Possible Loss= -22.10%

Fib. Retracement= 0.382 | 0.5 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 2 weeks

www.certik.com/ www.shentu.technology/

Trade active:

2/3 entries filled

CertiK bounced back, no clear breakout yet but looks promising!

Trade closed: target reached:

TP1 reached with +29.42% (2x) and +1.33R

CertiK broke-out and went up retesting 100EMA resistance as planned, what a timing!
Higher targets won't be easy but remain reachable, SL edited up to lowest entry (1.097)

Trade closed: target reached:

TP2 reached with +53.48% (2x) and +2.42R

CertiK regained 100EMA and continued upwards, SL adjusted to highest entry (1.147) now