CTK is showing a very clean structure on the 15m chart tonight. 📊
The price has been respecting this ascending trendline beautifully and is currently consolidating just below the resistance zone. The volume has cooled down a bit, which is completely normal for a range-bound market at this hour.
Keeping my alerts set at these two key boundaries:
🎯 Upper Resistance ➔ 0.1856
🛡️ Lower Support ➔ 0.1519
$CTK
💡 Quick Tip: During consolidation phases, patience is your best tool. Waiting for a clear candle close outside of these boundaries is usually a much safer approach than trying to predict the breakout.
How are you viewing this CTK setup? Let me know your thoughts below! 👇
NFA | DYOR
The price has been respecting this ascending trendline beautifully and is currently consolidating just below the resistance zone. The volume has cooled down a bit, which is completely normal for a range-bound market at this hour.
Keeping my alerts set at these two key boundaries:
🎯 Upper Resistance ➔ 0.1856
🛡️ Lower Support ➔ 0.1519
$CTK
💡 Quick Tip: During consolidation phases, patience is your best tool. Waiting for a clear candle close outside of these boundaries is usually a much safer approach than trying to predict the breakout.
How are you viewing this CTK setup? Let me know your thoughts below! 👇
NFA | DYOR