#C98/USDT#C98
The price is moving in a bearish channel on a 4-hour frame, which has a previous successful pattern and we have a support area in green at the level of 0.3600.
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the channel
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.3875
The first target is 0.4000
The second target is 0.4290
The third target is 0.4600
C98coin
#C98/USDT#C98
The price broke the downward channel since April 2022
That is, approximately a year and a half, and therefore this break is very strong for the downtrend
The secret was achieved from the trend breaking area 0.1450, achieving approximately 50%
The price now is 0.2100
Our first target is 0.2950
Second goal 0.4041.
This represents 270% of the breakout price of the trend
We are oversold on the MACD
Significant upward momentum supports the rise
But you must take into account the resistance points on the chart
C98 LOOKS BULLISHIt looks like a double correction has ended.
In the second part of the correction, after wave X, we have a bullish triangle, which now looks like its wave E (which is a contraction triangle) is ending.
Demand range is the right place to enter buy/long position.
We have specified the targets on the image.
Closing a daily candle below the green box will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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
C98 Flag inside a FlagIn my opinion, C98 started to draw a Bullish Flag inside a Bullish Flag.
Between 2.94-3.38 there will be strong resistance. If the price could menage to break this strong resistance, I believe it will try to next prices, 4.41-6.43.
If it cannot, than it will fall back to the downline of the trend.
This is my trial. Not a financial advice.
#C98USDT 132% Potential Rally ahead!Welcome to this quick trade setup everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
C98 is a promising project and is currently under accumulation.
The green box is the accumulation level to buy C98.
Best Entry:- $2.68 to $3.20
Targets:-
$3.93
$4.45
$4.87
$5.17
Stop loss:- $2.46
DYOR before taking this trade, This is not a financial advice.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
C98USDT Descending Channel!C98USDT (4h Chart) Technical analysis
Descending Channel
C98/USDT (4H Chart) Currently trading at $3.89
Buy level : Above $ 3.95 (only buy after breakout)
Stop loss: Below $3.00
TP1: $4.50
TP2: $5.30
TP3: $6.25
TP4: $7.00
Max Leverage 1x or buy it on spot market
Always Keep Stop loss
C98USDT at best entry point. Ready to SpikeC98 has finally broken above the upper channel of the triangle and retesting the new support on 1 Hour Time frame.
Potentially it will ready to spike and I have updated the targets for you.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely