The CKBUSDT 4-hour chart indicates a significant breakout above a long-term descending trendline, suggesting a potential bullish reversal. The price action has successfully breached this resistance, signaling a shift in market sentiment from bearish to bullish. This breakout is accompanied by increased volume, which adds credibility to the upward movement.
Additionally, there is a support zone highlighted in green that has held firm, providing a strong base for the recent upward momentum. If the price continues to hold above the trendline, we can expect further gains, with the next target potentially being the $0.026 level. Traders should monitor this breakout for sustained buying pressure and consider long positions while keeping an eye on the support zone for any potential pullbacks.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.