According to my TA, CKB was moving into a rising wedge. Because volume has slowly been picking up and the retrace has advanced about the 50% fib, I now consider this pattern invalid (unless BTC throws a spanner in the works).
We have formed a symmetrical triangle with a nice bounce on the 20MA after the BTC dip. With the introduction of YokaiSwap on the 10th of September, CKB has broken out this triangle (which I believe has now been confirmed). If BTC allows, we look at the following targets $0.022 and $0.030c.
We have formed a symmetrical triangle with a nice bounce on the 20MA after the BTC dip. With the introduction of YokaiSwap on the 10th of September, CKB has broken out this triangle (which I believe has now been confirmed). If BTC allows, we look at the following targets $0.022 and $0.030c.
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Idea is invalid.
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