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CKBUSDT

CKB looks bullishPrice has tested an important flip range and then formed a bullish iCH on the chart. In this situation, a POI has been formed for us, and we will look for buy/long positions in this range. A trigger line is also broken on the chart The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
CKBUSDT Crucial Support Test Ahead!Yello, Paradisers! Ready to see where #CKBUSDT is heading? Let’s dive into this critical analysis to stay ahead of the game. 💎 #CKB is currently resting on a key support area. For a confirmed rebound and upward movement, we need to see a bullish candle rejection here. Historically, this support has been strong, sustaining CKB multiple times and preventing further decline. Therefore, there's a high probability that the price will rebound and move back towards our target area. 💎 However, if CKB fails to rebound from the support and breaks down below $0.0135 with a daily close, this would be a bad sign. The price would likely continue downward to the Bullish Order Block (OB) area, where large orders are placed around $0.01. 💎 If CKB reaches the OB area, there's a high probability of a strong rebound and reversal to the upside. However, for the upward movement to continue, the price must reclaim the previous support at $0.0135. If this scenario fails, CKB could fall back to the OB area, which would be a concerning sign. 💎 Bullish invalidation will be confirmed if the daily close candle for CKB is below the OB area. If this happens, the probability of continued bearish movement increases, and the price may dip further. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
3
CKBUSDT - 4H Bullish trendThe CKBUSDT 4-hour chart indicates a significant breakout above a long-term descending trendline, suggesting a potential bullish reversal. The price action has successfully breached this resistance, signaling a shift in market sentiment from bearish to bullish. This breakout is accompanied by increased volume, which adds credibility to the upward movement. Additionally, there is a support zone highlighted in green that has held firm, providing a strong base for the recent upward momentum. If the price continues to hold above the trendline, we can expect further gains, with the next target potentially being the $0.026 level. Traders should monitor this breakout for sustained buying pressure and consider long positions while keeping an eye on the support zone for any potential pullbacks.
Long
by Sober_Trading
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.
Long
by Xanrox
10
CKB/USDT in the support area, possible to bounce and back upward💎 Paradisers, the recent market dynamics surrounding #CKB have indeed been noteworthy. 💎 Currently, CKB is hovering around the support zone area, and based on the candlestick patterns, there's potential for a bounce. 💎 If this bounce materializes, CKB could retest the resistance around the 0.0255 area. A successful breakout above this level could propel CKB towards our target strong resistance area. 💎 However, if CKB fails to bounce and breaks down below the support area, it could signal a bearish trend reversal, potentially leading the price to move downward towards the Bullish OB area. 💎 In the Bullish OB area, CKB must bounce back and reclaim the price above the support to maintain its upward momentum towards our target. Failure to do so, with a breakdown below the OB area, could lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
1
$CKB performing Falling wedge in 4hr TF Keep eyes on it Sure, here are three key points on how to trade in a falling wedge pattern: 1. **Identify the Falling Wedge:** Look for a downward sloping trendline connecting the lower highs and a second trendline connecting the lower lows, creating a wedge shape. The price should be gradually narrowing within this pattern, indicating a potential reversal. 2. **Wait for Confirmation:* * Wait for confirmation of a bullish reversal. This can be signaled by a breakout above the upper trendline of the falling wedge pattern, accompanied by increased volume. This breakout validates the pattern and suggests that buying pressure may be overcoming selling pressure. 3. **Set Stop Loss and Target:** Set a stop-loss order below the lower trendline to limit potential losses in case the trade fails. Determine a target price based on the height of the wedge pattern, measured from the initial high to the low within the wedge, and project that distance upward from the breakout point. This provides a potential profit target. Remember to always manage risk and be cautious of false breakouts by waiting for confirmation signals before entering a trade.
Long
by Crypto-Adda_Official
2
Bullish trend--CKBLike the previous few days, BTC continued to fluctuate around ATH, and most tokens experienced a correction. CKB (Nervos Network) is one of the few tokens that maintains a bullish trend. Unlike some blockchain that focus on single-layer development, CKB is a layered blockchain. One layer is where state is stored and defined, while the second layer handles most transactions. Such two layered design can improve efficiency and security. However, with the launch of more and more modular blockchains such as Celestia and Altlayer, the advantages of the two-layer design will gradually shrink. Developers and project parties will achieve their goals by using modular blockchain. However, judging from the price trend, CKB has performed strongly recently, and its continued rise is close to returning to ATH. Let’s take a look at what’s going on with our indicators. First, let’s take a look at the 4h level. After a period of correction, the TSB indicator prompted a BUY signal on April 6, and CKB restarted its rise. After reaching 0.038, like other tokens in themarket, it began to callback. When the column touched the bottom of the blue wavy area, which acted as support, the bulls saw a clear enhancement (shown by the green arrow). The TSB indicator takes effect and CKB starts to rise again. In addition, at the daily level, on February 5, the TSB indicator prompted a BUY signal. It has gained 600% so far and continues to maintain a healthy bullish trend. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
CKB - Weekly candle analysisBINANCE:CKBUSDT (1W CHART) Technical Analysis Update CKB is currently trading at $0.02056 and showing overall bullish sentiment. Price has currently broke out from the resistance line and successfully retraced back to its support line. After the retracement we are seeing price bounce back and heading towards the next resistance line. We have good long trade opportunity is here. Entry level: $ 0.02058 Stop Loss Level: $ 0.013148 TakeProfit 1: $ 0.03565 TakeProfit 2: $ 0.04492 TakeProfit 3: $ 0.0966 Max Leverage: 3x or Spot Don't forget to keep stop loss. Follow us for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
1
CKB/USDT Indicating Breakout the key area and continue upward!💎 CKB has recently displayed noteworthy market dynamics, experiencing a significant upward movement towards the bearish OB and supply area. 💎 Should CKB successfully break out above the supply zone, this could signify a bullish momentum, the probability leading to substantial upward movement towards our target strong resistance area. 💎 However, if CKB fails to breach the supply zone, we may witness a rejection, prompting a downward movement towards the demand area around 0.099 to initiate a new momentum. 💎 Upon reaching the demand area, it is crucial for the price to bounce back upwards if there is an intention to resume the upward trajectory and attempt another breakout. 💎 Failure to bounce, or worse, a breakdown below the demand area, would indicate bearish sentiment, resulting in continued downward movement and a potential retreat to the accumulation zone area.
by MyCryptoParadise
2
CKB - continue to sell shortDear My friends, I'm always waiting for a short opportunity for CKB. And I see the opportunity has come. You look at the red line I draw between price growth and trading volume. Also, if you open the RSI indicator to compare correlation. You can also see clear divergence. Currently, BTC price is very beautiful. And those that have not yet increased will increase. But will those that have increased too strongly continue to increase, or will people escape to find other opportunities? After observing and asking questions, I decided to place 2 short and tp orders as shown on the chart. Open the trap at x3 and wait. I still repeat that SL is never redundant, and opportunities will always appear when we have capital. Best Regards,
Short
by DragonCaoB
1