CTK - Breakout from the channel - Short Trade

16 Mar

#CTK/USDT #Analysis
Description
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+ CTK has clearly established a well-defined channel, and currently, the price is breaking downward from this channel.
+ This signals a bearish trend, offering a potential opportunity for a short trade.
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VectorAlgo Trade Details
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Entry Price: 0.8780
Stop Loss: 0.9558
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Target 1: 0.8236
Target 2: 0.7732
Target 3: 0.7342
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Timeframe:4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo