CTKUSDT (DAY CHART) Technical Analysis Update
Reversing From the Major Support
CTK/USDT currently trading at $2.00
Buy-level: $1.85- $2.00
TP 1: $2.35
TP 2: $2.70
TP 3: $3.30
TP 4: $4.00
Max Leverage: 1x or Buy it on spot Martket
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CTK is making another push here. Resistance at 2.90, but I believe it will get by this time.
Mt CTK Long 20x trade setup:
CTK Long 20x
Stop: 1hr candle close below 2.821
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CTK.
According to my technical analysis , CTK is following a trendline support, creating a rising wedge . Now, we are expecting a rise till next resistance.
"My analysis is valid until We don't see a breakout from channel"
I hope my analysis is pretty...
Ctkusdt broke the pattern's neckline and its currently at the verge of breaking the descending trendline. A retest of the neckline is much expected to occur which is a good entry zone.
Entry Zone - $0.155 - $0.16
Price Targets - $1.9 - $3.4
Stop Loss - $1.4 (8.5% risk)
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CTK break the resistance level and now retesting it. This is a good time to buy some CTK before the next leg up. We will see a good rally when BTC is stable in a range. CTK BTC pair also looking strong.
Buy Zone: $1.265 - $1.285
Target: $1.43 - $1.58 - $1.74 - $1.9 - $2.05 - $2.25 - $2.6 - $2.95