C98USDT
c98usdt I welcome comments and likes.
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Disclaimer: The given information on the chart and comments are not a Financial Advice.
Be carefull abaut your risk assessment...!!!
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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: $7.00
Max Leverage 1x or buy it on spot market
Always Keep Stop loss
C98USDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price is fluctuating close to its support line.
The price has hit the support line several times and has started to move upwards.
We expect that if the price drops below the support line, and stabilizes below it, we will see a further drop.
But if it can break the resistance line and stabilizes above it, we can enter the trade to achieve our target.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
C98 Looking strong! Bounced back into the falling wedge! Here's a quick look at C98 4 hr chart. As we can see, the price has printed a bigger falling wedge. The price broke below due the BTC flash crash but broke back into the falling wedge.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 5$
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
Bullish pennantIt is a continuation pattern that marks a pause in the movement of a price halfway through a strong uptrend, giving you an opportunity to go long and profit from the rest of the price rise. The uptrend then continues with another similar-sized rise in price.
Wait for the triangle to break and confirm ...
R : 5.7 - 6.56 - 8.35
S : 4.3 - 3 - 2.09
C98 looking promising. I love this coin.Yo.
Please don't use this info to base an investment off! Conduct your own research and invest at your own diligence.
I've been paying close attention to C98 lately. This coin moves mad and from what I have gauged super bullish. Whilst lots of money can be made scalping this coin, I'm actually looking to swing here as it seems there is a wedge forming on the hourly. Lots of bullish momentum. I'm expecting a potential breakout.
SHORT C98/USDTIt got listed in Binance yesterday and since then there's no sign of retracement. This would be the right time to short this coin and make some money.
Expecting a 32% drop.
Enter at %5.08 to $5.3
Stop Loss: $6.39
Targets 20% to 30%.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.