$CKB

A few days ago, it skyrocketed thanks to its listing on the Korean exchange UPBIT. At its peak, Binance's funding rate reached -3%, and there was a significant price difference between different exchanges. Many investors who shorted CKB were wiped out because they failed to cover their positions in time.

The current price is 0.0176, and the highest intraday price is 0.02029. The two negative lines in four hours are relatively obvious signals of the main selling.

You can try to perform oscillation operations in the range of 0.0163-0.0193 during the retracement.

Long order: 0.0163 entry, 0.016 stop loss, target 0.019-0.0.0195

Short order: 0.0193 entry, 0.02 stop loss, target 0.016-0.014.

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