๐๐ผ "Ready to Skyrocket: C98USDT 1:7 R:R!" ๐๐ฅ๐๐ผ Ready for Liftoff? ๐๐ฅ
C98USDT is on the launchpad, set to breakout from a falling channel pattern, with a short-term bullish trade opportunity boasting an exciting 1:7 risk-to-reward ratio! ๐ช๐
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C98USDT.PS trade ideas
C98USDT โ Realization of accumulated potential BINANCE:C98USDT enters the phase of realization of the accumulated potential. A prolonged trend may change its direction, but in order to do that the bulls will have to take the priority in their hands.
Global and local wedge are marked on the chart. The resistance boundaries of the figures coincide and the price breaks the area, consolidation is formed in the green zone and C98 starts to form a bullish momentum.
For the buyers, the resistance at 0.1751 is important at the moment. If the price breaks through and fixes above this area, the cryptocurrency pair can form a bullish momentum. Resistance at 0.3258 will be the priority target in this case.
Lately bitcoin is strengthening and forming consolidation of 30000-31000. A breakout of resistance will also give momentum to altcoins.
Support levels: MA-50, 0.1540, 1.1209
Resistance levels: 0.1751
I expect the retest to 0.1751, which might end up with a breakout of resistance and in this case the price will continue growing. I am interested in the target of 0.3258 and 0.5750.
Regards R.Linda!
$C98 Unveiling the Potential Falling Wedge Pattern! ๐๐ฅFWB:C98 has caught our attention with the emergence of a potential falling wedge pattern. This pattern is characterized by converging trendlines forming a narrowing price range. It suggests a potential bullish reversal and presents an intriguing trading opportunity for savvy traders. ๐๐
As the price consolidates within the falling wedge, it sets the stage for a potential breakout to the upside. Traders can watch for a decisive move above the upper trendline as a signal of bullish momentum. This pattern may indicate a shift in sentiment and the beginning of an upward price trend. ๐น๐
Join the discussion and let's analyze the potential of FWB:C98 as we monitor the development of this falling wedge pattern together! ๐๐ฌ
#C98 #FallingWedgePattern #BullishReversal #CryptoTrading #TradingOpportunity #TechnicalAnalysis #TradingView
Remember, conduct your own research and consider risk management strategies when making trading decisions. Stay tuned for further updates on FWB:C98 and other exciting cryptocurrency opportunities!
Happy trading! ๐๐ฐ"
#C98 #FallingWedgePattern #BullishReversal #CryptoTrading #TradingOpportunity #TechnicalAnalysis #TradingView
C98 | Bullish Harmonic PatternC98 | Harmonic Pattern
C98 completed a bullish harmonic pattern that can push the price up again.
However, considering that the price has the possibility for a deeper correction this time
I am focused on a bit lower than the normal entry price for this particular pattern.
We can see price reactions near 0.179 and 1.158
Let's see how the price will react near these zones.
Thank you and Good Luck!
C98 ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the C98 symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
C98USDT - Short by Supertrend & ADX 4/25/2023//// Short ---------------
1. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Short trend when closes candle is below the red line.
3. MOVING AVERAGE INDICATOR:50
- Short trend when closes candle is below MA line.
4. - SELL/SHORT: reject to Supertrend at current timeframe.
C98 LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the C98 symbol.
It seems that we are inside a diametric. After wave G from D we can move up
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
C98Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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C98USDT is testing the resistanceC98USDT is a cryptocurrency trading pair that has recently gained new liquidity from the $0.2579 area, which is also where the market has found support on the 4-hour chart. Currently, the market is testing the key resistance level at the $0.28 area, which could potentially lead to a breakout if the price manages to surpass this level. According to Plancton's rules, if the price does break out above the $0.28 level, there may be a new long opportunity for traders.
Overall, C98USDT appears to be a cryptocurrency trading pair that is showing signs of potential growth, with new liquidity entering the market and key support and resistance levels being tested.
According to Plancton's strategy , we can set a nice order
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Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ black structure -> <= 1h structure.
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Follow the Shrimp ๐ฆ