CKBUSDT trade ideas
CKB road to 0,10$My personal speculative opinion on CKB using Elliot Waves.
As we can see the price is currently on 50D ema (purple line) and the price could go to the target 0,10$ from here, but it might also slide to yellow trendline.
But we are highly bullish so buy cheap for upcoming massive gains.
End of correction. Consolidation period for 4-5 daysFinished its ABC retracement, currently CKB is trapped between 0.618 and 0.382 fib level. Expect consolidation to continue until April 13-14th before next move based on fib timeline. This is my first dabble on the charts, so take this speculation with a bag of salted CKB :-)
CKB/USDT : Breakout confirmed and holding above support zone BINANCE:CKBUSDT
Hello everyone 😃
CKB had a breakout and now it's holding above support zone..
Now volatility is having a bullish crossover !
Everything seems fine to hold it for couple of days...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
CKB// Cone IdeaSaw a few cones formed over the past week so Im anticipating the same pattern forming on CKB.
I didnt see any cones this wide...regardless price is still on an uptrend overall and currently within a descending channel. The next few candles will be an optimal time to enter given that price action allows us that option.
If price falls and closes below the trendline, then at that point we will know with minimal risk that price is then more unlikely to continue the uptrend at the previous frequency.
What to do:
Wait for price to break outside of the descending channel AND retest. Once price gets above the second pink zone, closes, and finds support, then at that point I would consider this a safe trade.
However if you have a large risk appetite, now is a good time to enter.
This is not financial advice...but if I was a YOLO degen...now would be the time.
CKB/USDT Critical levels + my hopes...the crypto market as a whole is looking more bullish these last 3 days, we have even got crypto related news on UK tv which has not happened in a long time.
Hopefully CKB can get the volume and push out of this triangle pattern...
If not there could be a great buy opportunity as labeled on the chart.
happy trading!!