just did a quick TA, seems like we have a diamond bottom, waiting for confirmation.
CTK has produced a nice bullish megaphone pattern over the last couple of days. With Bitcoin consolidating a bit, there's a chance that CTK will continue this pattern in the near tern. Happy trading!
Seems like a nice opportunity to long it. Support team signaling a burn of tokens too. Target ~$1.2.
ANALYSIS 🔎 - CTKUSDT is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's an upward breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Ctk is at support and is at good spot to open a long trade. It looks same likr 1Inch trade
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CTKUSDT bounced off the ascending channel support and brokeout above the falling wedge resistance. Price retraced and it's testing the trendline support. Price action is printing an ascending triangle pattern. Buy entry ⬆️ - breakout above the ascending triangle resistance. Target 🎯 - resistance levels Setup invalidation ❌ - breakdown below the ascending...
Coin To Watch CTK/USDT CTK can start making its market cycles CTK is a good project and in the bull run it can start the bullish phases. It has similar structure like CTSI had before. I am just saying it according to what i have seen in the market Please DYOR(do your own research)
Finally, i see light from behind the clouds!
#CTK Buy Setup 0.846 - 0.853 TP 0.92 - 1 - 1.07 SL 0.8039 RR: 5
CTKUSDT has been consolidating in a symmetrical triangle pattern since November. Breakout is imminent. Possible price actions are indicated on the chart.
Buy small bag from the lower trend and buy more after the breakout of the triangle Green lines are the targets