Shentu (CTK)
1. Fundamental Analysis
1.1 Introduce
As a decentralized pool of risk-sharing, CertiKShield is an innovative alternative to insurance for reimbursement of crypto assets.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | CTK | Market Cap | 109443985.2 |
| Name | Shentu | White Paper | -- |
| Web Site | https://www.shentu.technology/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://www.mintscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | -- | |
| Supply | -- | Release Date | 2020-10-23 |
| Available Supply | 140529000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line daily chart data suggests the following conclusions:
- The asset has experienced a significant downward trend in the past few weeks, with a notable decline from the highs of late November to early December.
- The asset has shown a strong upward momentum from late December, with a series of higher highs and higher lows forming a potential bullish trend.
- The volume has been relatively high during the upward trend, indicating strong buying interest.
- The asset has faced resistance around the 1.00 level multiple times, which could be a sign of potential future resistance.
- The asset has formed a potential head and shoulders pattern in late November to early December, which could indicate a reversal of the trend.
- The asset has broken above the neckline of the head and shoulders pattern, suggesting a potential continuation of the upward trend.
- The asset is currently trading above the 50-day moving average, indicating a bullish trend.
- The asset has shown a strong upward momentum in the past few days, with a significant gap up on the chart.
- The asset has formed a potential bullish continuation pattern, with a higher high and higher low.
- The asset is currently facing potential support around the 0.85 level.
