#CTK This is gonna be bullish here is the trade plan 🟢 Lon | Lost-in-crypto on Binance Square

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Bullish

#CTK This is gonna be bullish
here is the trade plan
🟢 Long
#CTK/USDT
Entry : 0.5137827
Targets : 
TP 1: 0.5173540
TP 2: 0.5281003
TP 3: 0.5388465
 Stop Loss : 0.4819928

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CTK

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#ALGO Alright, let's break down this ALGO/TetherUS perpetual contract chart on Binance. Technical Analysis: The chart shows that ALGO experienced a rally after seemingly finding support in an area of interest (potentially a demand zone or a key Fibonacci level). Following this upward move, the price consolidated and appears to have reversed, currently trading within a local downtrend indicated by the descending trendline. The price seems to be pulling back after failing to break through a resistance area around the 0.786 Fibonacci retracement level. There's also confluence with moving averages acting as dynamic resistance. The analyst anticipates a further correction before a potential move to test recent highs. Trade Entry Plan: Based on this analysis, a potential short-term trading plan could be: * Entry: Consider a short entry near the descending trendline or the 0.618 Fibonacci retracement level (around 0.2290-0.2300), anticipating further downside. * Target: Aim for a take-profit level around the 0.2200 zone or the previous local low, aligning with the expected correction. * Stop-loss: Place a stop-loss order above the recent local high or the 0.786 Fibonacci level (above 0.2360) to protect against trend reversal Disclaimer: This is not financial advice. Trade responsibly and conduct your own research.

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#solana There will be a big pump in Solana Solana's on the move! 🚀 Seeing some nice upward momentum on $SOL. Keep an eye on those charts! #BinanceSquare

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