C98USDT.PS trade ideas
Updating C98 rallyHello trading view community, should you like this analysis please support with likes and comments. Thanks.
Never risk more than you can afford to lose.
Always DYOR.
In case C98 could break the trigger line (blue one) upward it would be nice entery to go long.
C98 may rally up to $2.44 resistance zone where marked in green.
This is personal idea and I am not a financial adviser.
C98/Usdt trading ideaAre you trying to open a position on on C98/usdt or you are looking for an assert to look on, well here is my take on C98, very simple.
After the D1 ending diagonal breakout c98 has been making a very big wave on the head up side. And you can identify it is following an acsending channel on the H1. Using my H1 macro strategy we can spot it already flagged off 2 times on the channel and currently on the 3rd round. Which I believe it may bounce. You can wait until it broke the triangle before you hop in until it get to the main channel which is around 2$
Or you can wait for a break down if you are having a bearish bai's.
Which ever way trade safe and stay safe.
If you find this content helpful please kindly follow me and upvote.
Please I would like to hear your own view on the comment side. Thanks
C98 made a double bottomHello, trading view community. Should you like this analysis please support with likes and comments. Thanks.
C98 has made a divergent double bottom on daily timeframe, so there is hope it rallies up to $2.4720 which will be equal to botyom and neck line, on condition that C98 could break its neck line on $1.67.
C98 will form a pullback there as it has already started aformentioned action. if confirmation cadlestick appears above that zone, one may enter a long position up to $2.47.
If market recieves no more bad news from EU and US parliaments regarding cryptocurrencies.
This is a personal idea, I am not a financial adviser.
🆓Coin98 (C98) Mar-13 #C98 $C98
C98 is retesting the bottom of $1.2 and $1.1. The buying force can completely appear at this zone to help C98 increase strongly to the $1.6 and $2 areas in the near future. However, the buying power of C98 is quite weak, so it still has the ability to continue to lose the $1.1 area to fall sharply to the $0.8 area. But buying it at 1.1-1.2$ zone is a good idea for long-term
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.1$ zone
🔴Buy : 1.2 - 1.1
🔴Sell : 1.4 - 1.6 - 2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.1$ zone
🔵Sell : 1.1
🔵Buy : 0.8
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🎱C98 - another(last?) chance for bullsRecently the price reached last zone of support (blue), 1.618 fib extension, and node of high volume. After 200 days of downtrend, this could be a potential reversal zone. It won't be easy though, there's a lot of resistance ahead.
🟢 If price action turns bullish I expect the ~1.60 area to be a local top, then another break above this level would confirm a reversal
🔴 If price action remains bearish meaning ~1.00 zone is lost I expect more bleed below 1.00
We'll see what happens- I'm ready to long as much as I'm ready to short.
Good luck!