C98USDT Inverse Head and Shoulder Pattern!C98USDT Technical analysis update
C98 price exceeded the neckline of an inverse head and shoulders pattern on the weekly chart, which took approximately 500 days to form. While this technical indicator may suggest potential bullishness
Buy zone : Below $0.36
Stop loss : $0.28
Regards
Hexa
C98
C98 target 0.361D time frame
-
C98 is retesting a rounding bottom structure, that support around 0.2~0.21. Also, C98 is making a potential symmetrical structure, which is like a bottom head and shoulders. Therefore, we can use Fibonacci Projection to set up a perpetual trading plan with great RR around 5.7.
-
TP: 0.367 / 0.47 / 0.55
SL: 0.192
C98USDT.1DBased on the provided market data, the currency C98 is currently in a bullish trend across all time frames (4h, 1d, 7d).
The RSI (Relative Strength Index) values for all time frames are above 70, indicating that the currency is currently overbought. This could potentially lead to a price correction in the future.
The MACD (Moving Average Convergence Divergence) values for all time frames are positive, indicating a bullish trend. MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price.
The Bollinger Bands (Bb) for all time frames are below the current price, which could indicate that the currency is trading at an elevated level.
The support levels are increasing in value across all time frames, which is a good sign for the currency's upward trend. However, the resistance levels are also increasing, indicating that the currency may face selling pressure at these levels.
Based on the technical analysis, it seems that the currency C98 is in a strong uptrend but is currently overbought, which could lead to a price correction. However, the positive MACD values and increasing support levels could continue to drive the price upwards. Investors should proceed with caution due to the overbought conditions and potential for a price correction.
Please note that while technical analysis can be a useful tool in predicting market trends, it should not be used as the sole decision-making tool. Always consider multiple factors when making investment decisions.
C98 can give a correctionWe have a price channel that is close to the ceiling of this channel
Also, the price becomes an important and strong resistance that overlaps with the ceiling of the price channel
In the lower areas, we have a liquidity pool where the price is expected to return to the bottom by hitting the resistances and sweep this liquidity pool.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
C98USDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Targets: 0.22 and 0.24
after first target reached move ur stop to breakeven
Stop: ~0.15 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
🔥C98 Copy Aptos But On WEEKLY❗️C98 one of the top projects on Binance. It start to recover after -98% dump and has an amazing potential.
You can see that this price pattern on WEEKLY is very similar to APT patern on DAILY chart. So the growth can be even higher because of the pattern on HIGHER timeframe.
💥 The targets are on chart and bullish pennant start to appear globally. Where will be the next stop for C98? Only Binance knows.
like❤️ and follow
C98USDT Explosive Growth Potential ⚪ C98USDT recently breached the downtrend trendline, signaling a potential trend shift. A massive double bottom pattern on the daily chart adds to the intrigue.
⚪Following the breakout, we witnessed a crisp bounce off the 61.8% Fibonacci support – a promising sign of increasing demand for C98 in the mid to long term.
⚪ It's not all conjecture; there's substantial room for growth. Our sights are set on an explosive price surge of up to 62%, driven by the 38.2% Fibonacci resistance level.
C98| trying to get a neat shortHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
After a long period of growth, the coin is consolidating in the bearish zone, and I expect to see a corrective movement soon.
Deal plan:
Entry - $0.1848/$0.1889
Stop - $0.2010
Take - 0.1721/0.1563$
Guys, pay close attention to risk management and money management, this is an alcoin that is too volatile, be careful!
C98 Ready for another pump?C98 ready for another pump as it breakout from bearish zone on daily TF and currently and also breakout from trendline resistance on daily TF….
I’m looking forward for C98 to filled the imbalance above
Watch out to buy in spot at CMP and sell in those black price on the chart
Follow for more market update
Can chat me for trade setup
C98/USDT Struggles to Break the resistance. Break or Rejected ??💎 C98 has certainly piqued our interest, facing challenges in surpassing the local resistance zone. The key to sustaining its upward trajectory lies in breaking through this resistance. Achieving this breakthrough would tilt the odds in favor of bullish progression.
💎 Historically, C98 has demonstrated a reliable pattern of ascent, consistently rallying upon touching the demand zone and forming an ascending channel in shorter timeframes. For a confirmed bullish shift, C98 needs to conquer the resistance zone decisively.
💎 However, there's a downside scenario to consider. Should C98 continually face rejection at the resistance frontier, it might retreat downwards, seeking new momentum at the demand zone or potentially descending further to the robust support area. This retreat would necessitate a strategic reassessment, as it could signal a more extended bearish phase.
Analysis and predict #C98 trend price in next weekHi everyone, I hope that you have a great weekend. 👋
According to my analysis, the #C98 coin is in the last of the accumulation phase.
- Support line at around 0.12
- Resistance line at around 0.18
- Last Point of Support(LPS) at 0.1383
My predicted Sign Of Strength(SOS) at around 0.181
Trade idea:
--
Entry: 0.1455
TP: 0.181
SL: 0.1375
Do not forget to put Stop loss for your positions (For every position you want to open).
This is just my Idea.
Disclaimer - No Trading Advice
Our attempt to identify the next "pump coin". C98 long trade #5While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value, some coins have been pumping in percentage terms.
This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required.
Entry = 0.1340
Stop = 0.1296 (-3.3%)
TP = 0.2960 (+120%)
P/L ratio = 36.8
According to these conditions, with a position size of $5000, the amount of potential loss is $165, and potential profit is $6000.
What do you think, "Is this game worth the candle"? Write your thoughts in the comments
Coin98 C98 price tries to grow or even pumpingAlmost all of the time C98USDT was trading, the price was in a prolonged downtrend.
Now, the Coin98 price is trying to break through the trend line and exit the downtrend.
We wish buyers strength and inspiration)
And for those who trade or hold this asset, we want to draw attention to the level of $0.24 - this is the first critical level from where the price can go for correction.
As well as the liquidity zone of $0.29-0.33 , where there may be increased seller activity.
And in case the buyers manage to organize a pump, the level of $0.41. Our imagination doesn't allow us to dream any higher.)
P.S:
Safe purchases are not during C98 price movements, but in accumulation zones, for example, $0.152-0.174, but you already know this)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
C98 ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the C98 symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You