CTKUSDT technical analysis update.
CTK currently sitting at its support zone , waiting to bounce back. This is the crucial moment for CTK, the break it or make it moment.
IMO, CTK will possible to bounce back from the current support zone, this is a good time to buy some spot and expect it to grow to $3-$5.
Still, we need to observe the situation carefully, as it might break this support level and trigger a panic sell (which is not impossible).
For spot, Buy zone: $0.71 - $0.81 ; cut loss below $0.67
For swing traders,
Long now with small volume
Stop loss: $0.69
TP 1: $0.943
TP 2: $1.074
CTK currently sitting at its support zone , waiting to bounce back. This is the crucial moment for CTK, the break it or make it moment.
IMO, CTK will possible to bounce back from the current support zone, this is a good time to buy some spot and expect it to grow to $3-$5.
Still, we need to observe the situation carefully, as it might break this support level and trigger a panic sell (which is not impossible).
For spot, Buy zone: $0.71 - $0.81 ; cut loss below $0.67
For swing traders,
Long now with small volume
Stop loss: $0.69
TP 1: $0.943
TP 2: $1.074
