🚀🔥🔥 ✅Buy Signal: CKB/USDT🚀🔥🔥 ✅🚀🔥🔥 ✅

✅The CKB/USDT trading pair has been navigating a crucial resistance zone around 0.2931. As traders, we’re closely monitoring this level for potential breakout or retracement opportunities.

🔥Scenarios:

💎Breakout Scenario:
As the price closed above 0.2931 in at least a 4-hour time frame with a significant volume surge, it could signal a bullish breakout.
So, we can consider taking a long position as this condition is met.

💎Retracement Scenario:
Alternatively, if the price retraces, we anticipate a reset to the range of 0.2994 - 0.287.
Here’s where the “tennis ball bounce” concept comes into play:

💎A strong rejection from this retracement zone would indicate that liquidity has been absorbed.🚨

🚨This rejection could serve as another entry opportunity.🚨



💎Deeper Retracement:
In a more pronounced retracement, say to 0.246 - 0.234, we’ll still be ready to take a position.

¸Our strategy:
✅Entry: As price reaches this zone 0.299-0.288
✅Stop-Loss (SL): Set at 0.21.
✅Take Profit (TP): Target at 0.525.



🔥🔥Trading Principles🔥🔥

✅Risk Management:
Invest only what you can afford to lose.
Don’t let emotions cloud your judgment.


✅Psychology Matters:
Trading success is 99% psychology.
Emotional decisions often lead to losses.


✅Stay Steady:
Approach trading with a calm and detached mindset.



Conclusion:
Let’s embrace this new era of trading, keeping our risk appetite in mind. Remember, the fundamental rule is not to invest more than you can afford to lose. Stay stolid, trade wisely, and enjoy the journey!

Cheers to profitable trades! 🚀📈 #BullorBear #BinanceLaunchpool #Nonfarm #TradeNTell $CKB $BTC $ETH