#CKB
The Descending Trendline has acted as dynamic resistance for several months. Every time price attempts to recover, the trendline has the potential to become an area of selling pressure. However, the current setup is becoming increasingly interesting as price has rebounded from the low around $0.000796 and is now approaching the Descending Trendline once again. This is a very important area: price is testing the resistance that has been limiting its recovery. Pay attention to this coin, If the price manages to break through this resistance line, this will be a Buy / Long signal.
The short term target is at least 15%+ after the price successfully breaks through this resistance line.
Important note, If the price is rejected again from here, the Bearish Trend will continue.
