C98USDT Reverses After 200 Days of Downtrend: Bullish Move AheadC98USDT technical analysis update
C98USDT has broken out of a 200-day descending channel, making a new high and signaling a strong reversal. The price is nearing a key level as it approaches the 100 EMA on the daily chart, indicating a potential bullish move ahead.
Thanks
Hexa
C98usdtlong
#C98/USDT#C98
The price is moving in a bearish channel on a 4-hour frame, which has a previous successful pattern and we have a support area in green at the level of 0.3600.
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the channel
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.3875
The first target is 0.4000
The second target is 0.4290
The third target is 0.4600
#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 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 / 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
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 SIGNALHello traders,
Based on the chart, i guess that #C98 have good chance to show us good upward movement.
Targets: 0.27 and ~0.30
after first target reached move ur stop in breakeven!
SL: ~0.186
Risk/Reward: 1 to 2
Good luck!
Please, feel free to share your point of view, write it in the comments below, thanks!
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: 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.
C98/USDT TRADE SETUP!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
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LONG #C98/USDT
Entry:- CMP AND ADD MORE UP TO $1.57
Target:- 120%
SL:- $1.35
Lev:- 10X
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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C98 BRACKOUT! READY TO PUMP 150%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
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#LONG
C98/USDT breakout this DESANDING CHANNEL pattern.
ENTRY: CMP and add more up to $1.5
SELL- 150%
STOP LOSS: $1.4
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C98/USDT 1D ANALYSIS Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#C98 making this falling wedge pattern.
ENTRY- $1.190 - $1.100
TARGET- 150%
SL- If it breaks and closes below the $1.70
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C98/USDT 12 HOUR UPDATE Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
C98/USDT just broke out the descending channel pattern and already retesting it.
Entry: CMP or upside support level of the channel.
Targets: 70%TO 80%
Stop Loss: $1.47
What's your thought on this?
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#PEACE
C98 Flag inside a FlagIn my opinion, C98 started to draw a Bullish Flag inside a Bullish Flag.
Between 2.94-3.38 there will be strong resistance. If the price could menage to break this strong resistance, I believe it will try to next prices, 4.41-6.43.
If it cannot, than it will fall back to the downline of the trend.
This is my trial. Not a financial advice.
C98/USDT 1HOUR UPDATE%Welcome to this quick C98/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- C98/USDT is bullish and good news
Entry:-CMP
Traget:- 10% to 15%
Stoploss:- $2.095
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
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