C98 Small Bull Run Following BTC
Updated
Hello, I am Tommy.
If this is your first time coming to my idea, thank you very much for taking the time to pay attention to it. My opinions are all subjective and personal. It might be right, or wrong, but there is one thing I can guarantee you will never go wrong - always set the SL for each entry before setting the TP for it.
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Current Situation:
- Tokenomics: docs.coin98.com/products/coin98-token
- Current Marketcap: 74M
- Launchpad on Binance
C98 has entered the monthly private token payment cycle (last month). However, according to Smart Money tracking on Nansen, after the first month of private token release, most of the private tokens belong to whale wallets and have deep connection with the Founder team.
Founders come from Vietnam and are building a pretty quality product ecosystem. Price has just create a 2022-low, however I expect a small bull run for BTC after the release of PPI and CPI data this month. Therefore, C98 will also have a small bull run according to BTC. After creating 2022-low there was a pretty good buying force right after, creating a V-shape, showing a high probability that this is a pull-up / accumulation area at short-term bottom.
Spot Trading is recommended for Target X5 -> X10
If this is your first time coming to my idea, thank you very much for taking the time to pay attention to it. My opinions are all subjective and personal. It might be right, or wrong, but there is one thing I can guarantee you will never go wrong - always set the SL for each entry before setting the TP for it.
_______________________________
Current Situation:
- Tokenomics: docs.coin98.com/products/coin98-token
- Current Marketcap: 74M
- Launchpad on Binance
C98 has entered the monthly private token payment cycle (last month). However, according to Smart Money tracking on Nansen, after the first month of private token release, most of the private tokens belong to whale wallets and have deep connection with the Founder team.
Founders come from Vietnam and are building a pretty quality product ecosystem. Price has just create a 2022-low, however I expect a small bull run for BTC after the release of PPI and CPI data this month. Therefore, C98 will also have a small bull run according to BTC. After creating 2022-low there was a pretty good buying force right after, creating a V-shape, showing a high probability that this is a pull-up / accumulation area at short-term bottom.
Spot Trading is recommended for Target X5 -> X10
Trade closed: stop reached
Market is unstable. Altcoins are bleeding. It seems that the macro view is not good than I expected as C98 is still being sold strongly at this price.
There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
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