🔔 CTKUSDT Swing Trade Setup – Bottom Confirmed, Uptrend in Progress
Market Context:
CTK has completed its W-shaped bottoming process, retracing over 80% from the high of $0.98 to the bottom at $0.213. After multiple sessions of accumulation around the $0.213 area, price has gradually recovered to $0.2834, showing early signs of a potential mid-term uptrend.
While the price increase isn't explosive (yet), the technical structure now supports a bullish swing opportunity. This setup is based on weekly bottom confirmation and progressive bullish structure on daily candles.
📌 Trade Plan (Swing Spot)
Trade Type: Buy Spot (Swing Strategy)
Entry Zone: $0.213 – $0.28
Target Zone: $0.55 – $0.75
Trailing Strategy: Monitor D1 peaks for trailing exit.
🧭 Notes:
Risk management is key. Position sizing should align with your personal risk tolerance.
The setup aligns with a larger cycle recovery, so patience is required.
Watch for breakout confirmation and daily momentum signals.
🚀 CTK may not pump fast, but it's quietly rebuilding strength. Let's ride the wave.
#CTK #CTKUSDT #SwingTrade #CryptoAnalysis #SpotTrading #Altcoins #TradingViewIdeas
Market Context:
CTK has completed its W-shaped bottoming process, retracing over 80% from the high of $0.98 to the bottom at $0.213. After multiple sessions of accumulation around the $0.213 area, price has gradually recovered to $0.2834, showing early signs of a potential mid-term uptrend.
While the price increase isn't explosive (yet), the technical structure now supports a bullish swing opportunity. This setup is based on weekly bottom confirmation and progressive bullish structure on daily candles.
📌 Trade Plan (Swing Spot)
Trade Type: Buy Spot (Swing Strategy)
Entry Zone: $0.213 – $0.28
Target Zone: $0.55 – $0.75
Trailing Strategy: Monitor D1 peaks for trailing exit.
🧭 Notes:
Risk management is key. Position sizing should align with your personal risk tolerance.
The setup aligns with a larger cycle recovery, so patience is required.
Watch for breakout confirmation and daily momentum signals.
🚀 CTK may not pump fast, but it's quietly rebuilding strength. Let's ride the wave.
#CTK #CTKUSDT #SwingTrade #CryptoAnalysis #SpotTrading #Altcoins #TradingViewIdeas
The RainBow MG3 Indicator identifies trends, reference prices, wave start times, and trend endpoints while sending alerts to your personal Telegram. Join the RainBow MG3 community on Telegram: t.me/rainbowmg3
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
The RainBow MG3 Indicator identifies trends, reference prices, wave start times, and trend endpoints while sending alerts to your personal Telegram. Join the RainBow MG3 community on Telegram: t.me/rainbowmg3
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.