CKB is rebounding with the Three Advancing White Soldiers Candlestick Pattern after correcting to $0.01 zone. This will make the next bull run of CKB very strong and stable with a target of $0.016
However, we still need to prepare for a bad case once CKB loses 0.01$ zone and fall down to 0.008$ zone. This zone is very strong to help us earn good profit
$0.0075 zone has been stopping the drops of CKB over the past 3 days and this could help CKB increase in the next few days to 0.01$ or 0.012$.
-Buy: 0.0073-0.0077$. SL if B
-Sell: 0.0095-0.01$. SL if A
-Sell: 0.012-0.0125$. SL if A
-Sell: 0.0073-0.0077$ if B. SL if A
-Buy: 0.006-0.0063$. SL if B
Condition A : "If 4H candle closes...
First buy still going, 75% position closed
now we are retracing to fib levels & holding on HTF
Pivots have S/r flip with S1
possible forming Inverse head & shoulders
overall looks bullish, averaging down my entry just in case for more dump
From 8.4. 2020 to 9.7.2020 a cup pattern was formed on the daily CKB / USDT chart.
From 9.7.2020. the handle has begun to form, and the formation of "Cup and handle" can now be clearly seen.
A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. It can be seen that it is formed ascending triangle in the...