CKB - 7600% Profit in 2024, buy nowThe CKB coin looks very promising for the upcoming bull market. On the weekly chart, we have a falling wedge, bullish reversal pattern that is currently breaking out! It's always important to take a look at the volume indicator when it comes to breakouts. The bullish volume is extremely high, which confirms my bullish bias. From the Elliott Wave perspective, we have a triple-three corrective pattern that has been completed, which is also a very good sign. Where to take profit? On the chart, you can see 3 profit targets. It's up to you how long you want to wait for your profits. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Is Nervos Network (CKB)?
Nervos Network (CKB) is an open-source public blockchain ecosystem. Its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
The Nervos mainnet launched in November 2019 with a novel dual-layer architecture. There’s a base layer where the consensus mechanism operates and smart assets are stored, and a computation layer where transactions are processed.
The base layer, also known as the Common Knowledge Base, has its own cryptocurrency called CKByte (CKB). It uses the Proof-of-Work (PoW) consensus mechanism and drives the Nervos ecosystem. It is used to pay miners for keeping the network safe, managing network resources, and letting users store things on the network.
The Nervos Network allows developers to create decentralized applications (dApps) that can operate on various blockchain systems. Any of the network layers can be used to run both decentralized apps and smart contracts.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Ckbusd
CKBUSD This rally isn't over yet.Nervos Network (CKBUSD) has been having one of the most successful rallies since the start of the year among high cap tokens and broke above its March consolidation last week. That was the 2nd bullish break-out after the ATH Lower Highs trend-line break-out on the week of February 19 2024.
Last week we had a successful hold of that former Lower Highs trend-line for a second time, which turned it technically from a Resistance to the new Support of this uptrend. An uptrend which may be on an overbought 1D RSI but, as per the parabolic rally of the previous Bull Cycle, it may extend to at least the 1.5 Fibonacci extension. We are expecting 0.08000 minimum in the next 5 months.
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Pendle - one of the strongest coin, 445% profit in weeksPendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of time. My profit target is the 2.618 FIB extension, which is 445% profit from the current price if you buy the coin right now.
About Pendle - Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
CKB IS VERY BULLISH (1D)We are in a large diamond diametric that looks like the E wave is over.
By maintaining the green area, it can be pumped up.
Please note that the time frame is daily and time consuming.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
The key is whether it can rise above 0.003906Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(CKBUSDT chart)
(1D chart)
An important volume profile section is forming around 0.003906.
Accordingly, the key is whether the price can be maintained by rising above 0.003906.
However, a full-fledged upward trend is expected to begin only when the price rises above 0.006045.
If the price remains above 0.003120, which is the upper point of the box section of the HA-Low indicator, it is expected that there will be an attempt to rise above 0.003906.
Otherwise, it is expected to touch around the HA-Low indicator point of 0.002708-0.002870.
Buying at low prices is one way to earn greater profits, but you must be careful because it may take a long time for prices to rise if there is no confirmation that they are going up.
Currently, the point where CKB is preparing to rise is above the 0.003906 point.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Nervos Network (CKB) forming a bullish BAT for upto 23% moveHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Recently we caught a nice pump of CKB as below:
Now on a 4-hr time frame, CKB is about to complete a bullish BAT move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Nervos Network (CKB) formed bullish BAT for upto 10% moveHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Recently we caught a nice pump of CKB
Now again on a 4-hr time frame, CKB has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Nervos Network (CKB) formed bullish Cypher for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Nervos Network (CKB) coin with US Dollar pair.
Our last successful trade of CKB was as below:
Now on a 4-hr time frame, CKB has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CKB nearing ATH!CKB can be producing a pattern that it has produced in the past(pattern is not 100% accurate, but it is similar); the Stoch RSI is pretty low as well, giving CKB room to run to 0.038-0.045. Waiting for MA cross on the 15 as well. It looks like resistance has also turned into support 0.03 has been holding well. This is just speculation for entertainment, not financial/trading advice.
CKBUSD UpdateCKBUSD has formed two nice double bottoms, on a bit of a lean
The first double bottom led to a nice run, with a small pause in the middle of the channel that can be drawn
Applying this to the second double bottom we can assume that this 'pause' occurs at the lower band of the channel
After this, price should continue upwards, possibly even breaking the channel.
This is contrary to my last analysis on the coin. However I have taken another look and changed my mind.
CKB on FIRE!!!!with Quarter 4 around the corner and a huge marketing campaign coming with CKB CK5 box miner being released CKB will be a profitable option for investment i do believe it will flow well throughout the fib channel and by mid year 2022 you will see it break above and move to the next fib levels taking CKB to £2, this means CKB will have a £100Billion market cap, this seems alot however BTC will be in the Trillionsm ETH too aswell as SOL, ADA and XRP following closely behind i think a £100Billion market cap for CKBis reasonable and im extremly excited for next year, hold on to your CKB until $2. We will get there
CKB 0.282 fib level With the 50 & 200 MA golden cross, I’m hoping for ckb to get past 0.282 fib level, once it gets past that and the level starts acting as support, the price would start squeezing with the descending triangle trend line, anything can happen but with the Godwoken release CKB does look bullish, short term target at least 0.022.
Not financial advice, personal idea and prediction