C98USDT
C98USDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for C98USDT
Based on our previous analysis on June 15, we predicted a rising trend for the price and now you see that it has happened. At the moment, we have R2 which used to be a support line and also S1 and S2 are support areas that show the support of the price at some points. At the present, the price is fluctuating over S1. We predict the price will fall to S1 and then it rises upward to R1. If the price has a fixation over R1, then we will wait for more rise for it toward R2. But in case the price falls below S1, surely it will face more decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
C98USDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for C98USDT
In this chart, we have R1 which used to be a support line and expresses the well support of the price at some points. S1 area includes a support area that shows the support of the price since the past. After a falling trend and reaching to S1, the price faced a little rise and at the present, it is fluctuating over S1 area. We believe the price will have more decline to S1 due to the existence of shadows in price and then start a rising trend toward R1. Also, it is possible for the price to lose the support at this point and face more decline to the bottom of S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Short C98C98 has been one of the most volatile cryptos since the big drop of BTC on 11th May. It recovered more than 120% since the local bottom.
Today, it broke its trendline (on 4H TF). Also, the RSI's one was broken. Retest of these trendlines seems to be on-going. I think that C98 will be rejected (by trendlines) and will continue to go down. My expected targets are presented in chart, for this "short" scenario.
C98 - Listed on Coinbase but that was a trap for bulls🐮Reasons to take short
⭐️ BTC bearish
⭐️ Trendline is clear
⭐️ Volume at top
⭐️ Trapped a lot of bulls with listing
⭐️ 5th touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
C98: READY FOR 50% RALLY!!!Hello traders, here's a trade setup on C98/USDT in 3 hours TF:
C98 is at the support level and could be a good accumulation range. If C98 bounces back like before then we can expect a close to a 50% rally.
Entry: $0.56 to $0.6
Stop Loss: $0.49
Targets:
$0.65
$0.71
$0.75
$0.81
Note: Use 5x to 10x leverage and accumulate the dip. DYOR before investing.
C98USDT Ready to break out? Bullish OBV and CVD DivergencesBYBIT:C98USDT
Coin98 is currently bouncing off the range POC. If we get bullish price action here and hold this level, we could see a breakout happening.
Bullish OBV and CVD Divergences are forming on the 30m and 1hr chart.
We also have a massive Falling Wedge pattern. If we break out of the upper trendline, we could see big moves ahead, especially if Bitcoin breaks out and starts heading towards $35000.
TP areas in the video as per levels marked on the chart.
SL according to your risk tolerance.
Not Financial Advice. DYOR. Papertrade before using real money.
If this analysis helped you, please give it a thumbs up and follow.
Trade Safely,
Shawn