C98USDT
$C98 Performing Falling wedge in 1d Breakout Done Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
If you want to go for more pips, you can lock in some profits at the target by closing down a portion of your position, then letting the rest of your position ride.
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, $0.152-0.174, but you already know this)
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$C98 Unveiling the Potential Falling Wedge Pattern! 📉💥FWB:C98 has caught our attention with the emergence of a potential falling wedge pattern. This pattern is characterized by converging trendlines forming a narrowing price range. It suggests a potential bullish reversal and presents an intriguing trading opportunity for savvy traders. 🚀📈
As the price consolidates within the falling wedge, it sets the stage for a potential breakout to the upside. Traders can watch for a decisive move above the upper trendline as a signal of bullish momentum. This pattern may indicate a shift in sentiment and the beginning of an upward price trend. 💹📈
Join the discussion and let's analyze the potential of FWB:C98 as we monitor the development of this falling wedge pattern together! 📊💬
#C98 #FallingWedgePattern #BullishReversal #CryptoTrading #TradingOpportunity #TechnicalAnalysis #TradingView
Remember, conduct your own research and consider risk management strategies when making trading decisions. Stay tuned for further updates on FWB:C98 and other exciting cryptocurrency opportunities!
Happy trading! 📈💰"
#C98 #FallingWedgePattern #BullishReversal #CryptoTrading #TradingOpportunity #TechnicalAnalysis #TradingView
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
C98 LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the C98 symbol.
It seems that we are inside a diametric. After wave G from D we can move up
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
C98USDT → Triangle and consolidation near resistance C98 / TetherUS forms a triangle before breaking channel resistance. A retest is the whale's plan to break the line and raise the coin.
The price has been trading within the descending channel for a long time. But lately, resistance tests have become more frequent. At the time of the day's acquisition, when price stopped falling we see the formation of a triangle and continued resistance line attacks.
Price is testing again and the daily candle closes close to the level.
Strong resistance: 0.3125 (a break will form a momentum), 0.3800
Strong support: 0.2550, 0.2000
I expect breakout of triangle resistance and price growth against the trend with the subsequent possibility of change of downward movement.
The medium-term target is 0.4500 , long-term target is 0.8000 .
Regards R.Linda!
C98These are my thoughts on C98 . They are meant to give you an idea, not trading advice.
This pattern is considered to be bearish, but when it can break up, it can break up very hard.
Are we seeing a fake out and will price fall back inside to be bearish? Or can this level hold and explode?
If we break up, there are 2 targets imo.
Be careful, as the market never gives you certainties, only probabilities.
C98 | Looking Good For Mid-term C98usdt
Trying To Break Horizontal Resistance & Descending Channel Imcase Of Breakout Expecting Massive Bullish Move.
These days c98 is getting the attention of traders and we can expect a big boom in the coming days.
High Time Frame Chart is looking Ultra Bullish .
Entering the trade on guesswork is like giving a blind man the driving. All we have to do is wait for the breakout First
Remember: We only give ldea's from our
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mean that it will be 100% correct, the
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can happen anytime.
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