Technical analysis by HexaTrades about Symbol CKB: Buy recommendation (7/21/2024)

CKBUSDT Technical analysis updateCKB price is forming an inverse head and shoulders pattern. The price of the right shoulder is now moving towards the neckline for a potential breakout, 100 and 200 EMA act as good support for the right shoulder. If the breakout occurs, we can expect a strong bullish move in CKB.Only buy after the neckline breakout.Stop Loss: $0.0111