Brothers, the number $CTK has finally made me proud!
On the daily chart level, this coin has strongly broken through the descending wedge consolidation pattern, and the technical aspect has completely turned bullish. This kind of breakout is not something to be taken lightly; it's a solid confirmation signal for bulls, meaning that the upward momentum has already been activated.
From a price action analysis perspective, CTK's current trend fully aligns with the expected trajectory after the breakout, with a target directly pointing to $0.73. This position is a key resistance level, and once it stabilizes, the potential for growth becomes significant.
To be honest, such wedge breakouts are classic reversal signals in technical analysis, with a relatively high success rate. Of course, when trading, one must manage their position well, as the market is always more cunning than we imagine.
Those holding positions can continue to hold, and those who haven't entered shouldn't FOMO; wait for a pullback to confirm support before considering entry. Remember, making money shouldn't be rushed, but losing money can happen in an instant. #CTK
On the daily chart level, this coin has strongly broken through the descending wedge consolidation pattern, and the technical aspect has completely turned bullish. This kind of breakout is not something to be taken lightly; it's a solid confirmation signal for bulls, meaning that the upward momentum has already been activated.
From a price action analysis perspective, CTK's current trend fully aligns with the expected trajectory after the breakout, with a target directly pointing to $0.73. This position is a key resistance level, and once it stabilizes, the potential for growth becomes significant.
To be honest, such wedge breakouts are classic reversal signals in technical analysis, with a relatively high success rate. Of course, when trading, one must manage their position well, as the market is always more cunning than we imagine.
Those holding positions can continue to hold, and those who haven't entered shouldn't FOMO; wait for a pullback to confirm support before considering entry. Remember, making money shouldn't be rushed, but losing money can happen in an instant. #CTK
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
CTK
0.3702
+32.07%