Imminent C98 Break. 4H TF 🚀🚀C98 ATH was August , took a plunge for correction as expected after such run . It started to make its way back into recovery.
Bottomed out at $2.7. Made another Higher Low , that's good sign of recovery.
Ascending triangle is playing nicely with HLs
Now within a forming breakout triangle .
Many people FOMO'ed in at $3,78, $3,27 . This is a strong backing for C98, preventing its price to breakdown that much, no matter how low BTC price falls .
I expect it to maintain triangle range even if channel is broken down(worse case scenario)
C98USDT is cooling off for a monstrous run up, when the coast is clear, keep your eye on this one. In the event price action falls due to BTC, "minor" support is good entry point.
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C98USD
C98 - Two Possible Bullish Scenarios!Hello everyone, if you like the idea, do not forget to support with a like and follow.
C98 is overall bullish and now retesting a demand zone in green so we will be looking for buy setups on lower timeframes.
First Scenario: (purple projection)
on H4: C98 formed a valid inverse head and shoulders pattern but it is not ready to go yet. Before we buy, we want the buyers to take control again by breaking above the gray neckline.
Second Scenario: (gray projection)
on H4: C98 is trading inside our red channel so if it keeps trading lower, then we will be waiting for a new swing high to form around the upper trendline to consider it our last swing high then buy on its break upward.
Meanwhile, until the buy is activated , C98 would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
C98USDT (1D Chart) - Bullish Signal!
C98/USDT (1D Chart) Currently trading at $3.70
Buy level :Above $3.60
Stop loss: Below $2.70
TP1: $4.45
TP2: $5.57
TP3: $6.95
TP4: $9.10
Max Leverage 2x/Spot Market
Always keep Stop loss
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#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.
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C98 in falling wedge- potential reversal soonC98 is a native token of C98 wallet which claims to provide cross-chain solutions (more research needed). After initial pump it has gone into phase of correction in which it formed an obvious falling wedge.
The price is currently bottoming inside the pattern as the formation is getting tighter. MFI and RSI divergence is visible on 1h timeframe.
Depending on your intentions of course, this could be an opportunity for a short-term trade until price reaches the top of the formation, as well as a dip buy for long-term hodl.
Entries:
Aggressive- now (3.40)
Safe- after the price breaks out of the formation and holds the upper trendline level (around 3.90-4.06 assuming the price would spike now)
Long term targets only:
TP1: 4.06
TP2: 4.60
TP3: 5.30
TP4: 6.37
TP5: OPEN++
(short-term traders will figure this out themselves)
Remember about risk management, especially that BTC has been quite volatile lately.
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: $7.00
Max Leverage 1x or buy it on spot market
Always Keep Stop loss
C98 Looking strong! Bounced back into the falling wedge! Here's a quick look at C98 4 hr chart. As we can see, the price has printed a bigger falling wedge. The price broke below due the BTC flash crash but broke back into the falling wedge.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 5$
2. 5.45$
3. 6.38$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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