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C98usdtanalysis

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.
Long
by Crypto-By-Ghazi
1
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.
Long
by Crypto-By-Ghazi
1
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.
by MyCryptoParadise_Nathan
6
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.
by MyCryptoParadise_Nathan
1
C98 target 0.541D time frame - 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. - TP: 0.53~0.56 SL: 0.299 - Last analysis (Hi Target)
Long
by EthanTW
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
Long
by trytofeelpositive
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.
by MarsSignals
C98/USDT Struggles to Break the resistance. Break or Rejected ??💎 C98 has certainly piqued our interest, facing challenges in surpassing the local resistance zone. The key to sustaining its upward trajectory lies in breaking through this resistance. Achieving this breakthrough would tilt the odds in favor of bullish progression. 💎 Historically, C98 has demonstrated a reliable pattern of ascent, consistently rallying upon touching the demand zone and forming an ascending channel in shorter timeframes. For a confirmed bullish shift, C98 needs to conquer the resistance zone decisively. 💎 However, there's a downside scenario to consider. Should C98 continually face rejection at the resistance frontier, it might retreat downwards, seeking new momentum at the demand zone or potentially descending further to the robust support area. This retreat would necessitate a strategic reassessment, as it could signal a more extended bearish phase.
by MyCryptoParadise_Nathan
2
Our attempt to identify the next "pump coin". C98 long trade #5While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value, some coins have been pumping in percentage terms. This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required. Entry = 0.1340 Stop = 0.1296 (-3.3%) TP = 0.2960 (+120%) P/L ratio = 36.8 According to these conditions, with a position size of $5000, the amount of potential loss is $165, and potential profit is $6000. What do you think, "Is this game worth the candle"? Write your thoughts in the comments
Long
by P_S_trade
23