C98/Usdt Plan The C98/USDT pair appears to be poised for a breakout, as the price is currently consolidating within a triangle pattern on the 4-hour timeframe. This consolidation suggests that the market is gearing up for a significant price movement. The pattern indicates potential bullish momentum building up, hinting at a possible breakout to the upside.
Given these technical indicators, there is a growing anticipation of a substantial bullish rally in the near future. However, it's essential to note that this analysis is not intended as financial advice. It's crucial to conduct your research (DYOR - Do Your Own Research) and consider various factors before making any trading decisions.
Remember that cryptocurrency markets can be highly volatile and unpredictable, so it's always advisable to exercise caution and employ risk management strategies when considering trades or investment opportunities.
C98USDT
C98/USDT IDEA C98/USDT Weekly time frame analysis reveals that the market structure is currently exhibiting a bullish sentiment. The horizontal resistance breakout has already been confirmed, signifying a potential bullish trend reversal. The phase of retesting is nearly completed, indicating a high likelihood of further price appreciation and a possible move towards the $1 mark. It should be noted that this information is presented for educational purposes only and does not constitute financial advice.
C98 ANALYSISIt seems to be in the middle of a rally.
This rally is an ABC or a WXY as we now appear to be in a B/X wave.
To buy the best range, the range is green
The target is clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
invalidation level: 0.2779
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#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/USDT Break Alert! Indicating reversal to bullish movement.💎 C98 has recently demonstrated noteworthy market dynamics, particularly with its breakout of the Adam and Eve pattern, signifying a reversal from bearish to bullish momentum.
💎 C98 is currently in a retesting phase, indicating a probability continuation of its upward movement toward our target strong resistance area.
💎 However, if C98 fails to bounce upon retesting the support area around $0.37, and instead breaks down below this level, the next likely stop for the price would be at the demand area around $0.311.
💎 At the demand area, it is crucial for C98 to bounce decisively to sustain its upward trajectory. Failure to bounce, or worse, a breakdown below the demand area, would be concerning signals indicating a potential continuation of the downward movement. In such a scenario, the price might retreat further downwards.
Alikze → C98 |Cup patternIn the daily time frame, a cup pattern can be seen that if the supply zone is broken, the pullback can be available in support of the 0.29 zone of the specified targets. Due to the depth of this pattern, it has the ability to reach higher than the profit limit.
🟩Sup: 0.1953 - 0.29
⛳️Tp1: 0.46
⛳️ Tp2 :0.63
⛳️ Tp3 : 0.78
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C98/USDT Bounce from the support area. Back to upward or down?💎 C98's market presence has recently been the center of attention. It has demonstrated a robust recovery, marked by a substantial bounce after touching the support area.
💎 This positive movement suggests a potential for continued upward trend, with a key objective being to break through the current resistance level. Achieving this would facilitate a smoother journey towards the targeted area.
💎 However, should C98 struggle to breach the resistance barrier, it might experience a reversal in momentum, leading to a potential decline back toward the support area. This would be a critical moment for C98 to gather strength and momentum for another attempt at an upward move.
💎 In the event, that C98 revisits the support zone but fails to maintain its position there, a critical situation could arise. A breakdown of the support level might occur, propelling C98 towards the demand area, and potentially even further down towards a stronger support level. This scenario would require careful monitoring, as it could significantly influence C98's market trajectory and future movements.
C98 target 0.541D time frame
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Since last analysis of C98, we have already took profit, link as below, and here is the new one.
C98 is completing a bottom head and shoulders, and retesting the support of neckline. We use first Fibonacci Projection to estimate the target from HS is around 0.56, and use 2nd one on the new wave from 0.2 to 0.42, then can have target at 0.53. According to both Fib Projection results, we set an appropriate resistance zone as final target.
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TP: 0.53~0.56
SL: 0.299
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Last analysis (Hi Target)
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
C98 / C98USDTI think It will be my FAV
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
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
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.
Entry: Market and lower
Targets: 0.48 - 0.65 - 0.85
Stop: under 0.13 (depending of ur risk).
RR: 1 to 10
ALWAYS follow ur RM.
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 target 0.361D time frame
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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.
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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
C98 ANALYSIS🔮 #C98 Analysis 🚀🚀
💲💲#C98 is trading near its resistance zone. Recently we saw a very high bullish move near this area. There is also very high support of EMA50. If #C98 breaks the trend line then a high bullish move will be seen again. 📈📈
💸Current Price -- $0.1826
📈Target Price -- $0.3770
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#C98 #Cryptocurrency #DYOR