CTK/BTC (Descending Channel)

💎Technical Analysis Summary💎


BINANCE: CTKBTC


-CTK strong pump during its exchange opening trade
-But shortly after, the price started to fade down
-It is now approaching its swing low support around 5900s sat
-The price is fallowing this descending channel
-The key idea here is to wait for the breakout direction
-And wait for additional follow-through by the Bulls
-The breakout should have a good amount of volume
-Always observe any sign of strength as the price approaches the key level
-Don't blindly input your buy orders because the market is dangerous





A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉

``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````