Hello friends,
As requested by one of my followers, we are together again to evaluate the price according to the long and short chart movements at $CKB .
First of all, when we look at the weekly chart, it seems that, although sadly, it is not a very encouraging situation and the downward trend will continue at 0.005615.
However, if the weekly candle closes above 0.012792, it will want to take a breath and recover. In fact, above 0.020420 will mean that the whole scenario will change.
The levels where the price can react from the upper and lower areas appear in the 4H and 1H time frames.
0 if it closes above 0.01100, which it is currently wicking.
It will be 012408 and 0.013133.
I think that the lower price area will decline to 0.007385 if it closes below 0.008100 in the 4H time frame.
Good luck to everyone.
