Cryptyk (CTK) Sell Zone

4 Mar 2022

Cryptyk (CTK) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Neutral

Risk : High

Cryptyk will likely be a short-term correction down to a potential low around $0.985, where we would retest our previous long-term support zone and expect a high volume and high strength move up above this entry zone.
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CCTK/USDT SHORT SETUP
Leverage : x3 - x5

Entry Price : 1.175 - 1.23

TP 1 : 1.162
TP 2 : 1.145
TP 3 : 1.1
TP 4 : 1.086
TP 5 : 1.06
TP 6 : 1.025
TP 7 : 1
TP 8 : 0.985

Stop Loss : 1.275

*Maximum 2% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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