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.
C98usdtanalysis
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
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 | 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
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
C98 - Buying SignalBYBIT:C98USDT
4H time frame
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C98 did a inverse head and shoulders here and already broke out the downtrend line.
We can see price has tried to retest the trend line to test the support zone.
Both mean good bullish signal here, so we can open long with following strategy.
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Entry: 0.363
TP: 0.3735, 0.38
SL: 0.356
C98 - Short and Long strategiesBYBIT:C98USDT
1H time frame
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Short:
if C98 momentum is rejected from the upper downtrend line.
Targeting 0.418, 0.4075
Stop loss: if Price close above the downtrend line.
Long:
if C98 can take out that downtrend line, long it after BO or retest.
Targeting 0.443
Stop loss: if BO is false.
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.