C98 down TrendHello Trading view community, Should you like this analysis please support with likes and comments, Thanks
C98 is still on its down track this week for the second time it broke it channel downward,
should C98 close the weekly candle in red or start a new one in red, it may crash into $1.11s support zone which may keep there for a couple of days, but since BTC is crashing down, especially today March 04 crashed more than $1k, thus C98 may crash even to $0.90 support level within weeks ahead.
This is a personal idea and I am not a financial adviser
C98USDT.PS trade ideas
🆓Coin98 (C98) Feb-25 #C98 $C98
After C98 fell out of the $1.2 zone, the buying power suddenly returned and it almost touched the $1.3 zone. This shows that there are many people willing to buy C98 at $1.2, this is also the beginning of the strong uptrend of C98 in August 2021. We can accumulate C98 in this area and expect in a rally to the 1.6$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.2$ zone
🔴Buy : 1.2
🔴Sell : 1.4 - 1.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.2$ zone
🔵Sell : 1.2
🔵Buy : 1
❓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 down trendHello Trading view community. should you like this analysis please support with like and comment. Thanks.
Feb 14, I analysis that energy and Ukraine crisis will affect the market and C98 would not be an exception, then it was $1.50.
within 10 days C98 crashed into $1.08 and shadowed up to $1.21.
the bearish trend is still strong and if C98 once again breaks the $1.10 support zone, it may drop to $0.70s support level
This is a personal idea and I am not a financial adviser.
C98USDT reclaims the old supportThe price had a rejection from the 0.381 Fibonacci level on the daily timeframe and got a new breakout from the 4h support after another rejection from the 4h dynamic resistance.
How to Approach?
The price is going to retest the previous support on the 1.45$. where the price could have a pullback. According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
C98 reversal playTotal market:
- Bounced at support, expecting more exhaustion to upside due to overextended market
Daily:
- tested daily support at local low
4H:
- tested support, buyers stepped in and pushed price up forming current hammer candle with wick
1H: (entry)
- Strong bullish candle to start hour, stoch flipping bullish on MA cross indicating bulls stepping into market at current support zone
Trade management:
- Depends on action from the total market index, but I may use discretion to scale out of trade
Stop loss: 1.357
- Below current low, support level
Take profit:1.738
- at 0.5 fib pullback level, and area of resistance giving me a 5.15R. Might take some profits around 1.55 area (0.236 fib and s/r level)
C98 down trendHello Trading view community, should like this analysis, please support with like and comments. Thanks
C98 could not break the $1.50 and it took 19 days to form a rising flag which ended into a crash.
C98 hovering over $1.50s, though, with regard to the down trend of mafket almost totally, C98 may drop to $1.40 - $1.35 suppodt zone.
from view of point of fundamentaly, and due to crisis of energy, Russia and Ukraine, and other factors which may happens should war break out between Russia and Ukraine, like risk of damage to EU gas pipeline, may affect the cryptocurrency market deeply and cause a deep crash of coins and token, at wbich C98 will nof be an excemption.
This is a personal idea, and I am not a financial adviser.
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?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Coin98 (C98) formed bullish Gartley for upto 268% big moveHi dear friends, hope you are well and welcome to the new trade setup of Coin98 ( C98 ).
Previously we had a nice trade of c98:
Now during the current drop, on the weekly time frame chart, RUNE has formed a bullish harmonic Cypher pattern for a big bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
C98USDT Daily TA : 02.10.22 $C98All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts pls feel free to ask in Comment section .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
C98 - The Ground Floor C98 was on a massive bearish leg for the latter half of 2021 and we almost took out the entire gains it made.
We recently tested the 78.6 fib of the bullish impulse move and we may have found the bottom. IF we do move lower once more, keep an eye on the structure.
The great thing about this coin is that its at the very lows. Any move up would be exponential gains for your portfolio. Might be a good one to take a punt on and see what happens.
Trade Idea:
- Enter and watch for continued bullish momentum from 78.6 fib
- If we move lower, watch the structure level for bullish price action and enter
- Targets: 4.4, 6.2, actively manage the rest
Goodluck!
C98 short trendC98 broke its strong supportive levels, and shadowed up after touching $1.48.
it seems that C98 is going to pullback to $1.90 resistance zone, which it may not be able to break it up.
Should C98 not be able to break up the aforementioned resistance level, it might drop to $1.10, where traders are expecting a strong buy signal for long term hodle or scalping.
BTC's price trend will play as a main factor on coming true or turning up side down of all analysis, though since ETH is just copying BTC, and other altcoins are simulating ETH's candlesticks movements, hence traders should have an eye on ETH and then BTC
This is personal idea, and I am not a financial adviser.
GALAUSDT is creating a falling Wedgethe price is creating a huge falling Wedge on the daily timeframe.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower.
As you can see, the previous support turns resistance on the 0.382 Fibonacci level..
How to Approach?
If the price is going to have a breakout with volume from the falling wedge and retest the 0.382 Fibonacci level (1.8$) as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐