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
Coin98forecast
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 12h Is x4-x5 growth still realistic in the near future?Today we would like to bring to your attention C98 /USDT currency pair, which was very hot in the last month, because it showed +8400% growth since the launch of trading on Binance
Coin98 is a multi-chain and multi-currency Defi platform that supports asset exchanges from different blockchains. This multifunctional feature is singled out as the main reason for such a rapid rise in the price of C98. However, it is also worth mentioning that Coin98 was a Binance Launchpad project, and one of the founders is investor Thanh Le, who invested in Band, Alpha, etc. in the early stages. How the value of those coins was growing during the first Defi boom, we know (or you can look in our ideas), so he has a "feel" for making money, all we have to do is to follow him and learn).
Now to the C98 /USDT chart
The area where we would consider entering long C98 /USD is around $3.00-3.20 . Well and of course that is assuming the cryptocurrency market has a positive trading backdrop.
Then it will be possible to dream, and maybe even help to realize a good growth of C98 coin to the area of $13.20-14.00
If the cryptocurrency market will form a negative trading background and all the trading pairs will go into a corrective peak downward, we will take a second look at the C98 coin around $1.00-1.50 . It is in this range that at least some consolidation liquidity was displayed during the incomplete month.
In general, for us the trading history of the pair C98/USD is too small to make trading decisions on a larger part of the deposit, but on a small part of the deposit you may try to feel yourself as an investor, maybe even a large project in the future)
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C98 - Potentially Big Move Incoming (if BTC Behaves)Soon as we break that 0.5 fib level on my chart, it'll coincide with the break of the trendline dating back several weeks. C98 is a big mover, it doesn't believe in slow and steady. We either rocket ship up or we plunge so do be careful. This is further backed by the Bollinger Band being squeezed right now on the daily. That's the bigger indication here.
Obviously this is a great long term project so if you're HODLing and wanting to DCA, anything under $3.50 is actually not a good price as once we break these levels, we're likely not coming back here for a while (hopefully never).