C98: The End Of A Trend (1,500% Growth Potential?)Trading for C98BTC starts in July 2021. By August, all bullish action comes to an end and the start of a major downtrend is present. This trend is coming to an end.
We have two main waves, 1 and 2.
Notice the size and width of wave 1.
Notice the size and width of wave 2.
Notice the volume during wave 1.
Notice the volume during wave 2.
Wave 1 is much bigger, in size, duration and activity compared to wave 2.
This is all telling us that the bearish trend is losing strength. That sellers are exhausted, that the trend is about to reverse.
Wave 2 being very small and weak is the giveaway signal, this is the signal that reveals an upcoming change of trend.
C98BTC bottomed in July 2024. The low hit on the session that produced the All-Time Low has really low volume, very small selling is happening. When we see new lows being hit while volume continues to drop, this is another signal of weakness.
The bears are weak all across.
With more than two months of sideways and the signal coming from marketwide action, we know this pair is ready, or getting close, to turn.
The reversal can be big.
The uptrend can be big.
The bullish wave can be huge.
We've never seen how this pair performs in a bull-market, it has been bearish since day one.
Now, there is one warning signal. This is pair is available only on Binance and when there is such a strong opportunity, Binance tends to delist. I have to mention it because it is a possibility. Some people wait for years and it goes down and they think of waiting long-term, when the pair hits bottom and is ready to turn it gets delisted and the opportunity is lost. If this becomes the case, tough luck, we take the loss and move on.
If the pair remains available for trading, prepare for massive growth.
The targets can be found on the chart.
Namaste.
