C98USDT trade ideas
C98USDT BUTTERFLY PATTERNButterfly
The Butterfly Pattern is a distinct 5-point extension structure that was discovered by Bryce Gilmore and further defined by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.786 and the PRZ consists of 3 converging harmonic levels: 1) 1.27 extension of the primary XA leg, 2) AB=CD pattern, either equivalent or 1.27 and 3) Extreme BC projection of 2.00, 2.24 or 2.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 1.41 extension of XA. Conservative traders look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures.
🔥 C98 Massive Bearish Channel: Break Out When?C98 saw a massive launch on Binance, where it gained over 800% in a matter of a couple of weeks. However, C98 has been selling off considerably since then.
During this sell-off, a bearish channel formation has been formed. With the recent bullish price action in BTC I'm eyeballing a bullish break out in the near future.
Ideally we get a big green candle with a lot of volume to confirm the bullish break out. Keep in mind that we're far from certain yet and that we could as well bounce off and see further downside. Keep an eye on this one!
Happy trading!
C98usdt on the verge of BreakoutWe should focus on this for quick profit, spotted clean Bullish Pennant after price successfully formed ADAM and EVE.
The idea will be to Buy the pullback to the pennant when it break upside or wait for price to give a retracement with pennant breaking down to clear stop loss before the main rally begin.
Which of the way we should learn more on how to make more profit from market.
🆓Coin98 (C98) Apr-15 #C98 $C98
C98 has just had a very strong buying force when it approached the $1.4 zone, but it is being rejected at the $1.7 zone, so in the near future it may correct to the $1.4 zone to retest this zone. After that, it is likely to rally strongly back to the $1.7 zone to conquer this zone and rally strongly to the $2 and 2.3 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.4$ zone
🔴Buy : 1.4
🔴Sell : 1.7 - 2 - 2.3
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.4$ zone
🔵Sell : 1.4
🔵Buy : 1.2 - 1.05
❓Details
📈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: THE STRONGEST POSISTVE SIGN EVERHELLO GUYS
-For 9 months, we have formed a falling wedge on strong foundations,
3 months ago, it started to slow down and give positive signals, and it seemed to be on a cumulative horizontal path.
- Recently, it breached the falling trend line, which is also the resistance line for the falling wedge.
- Today it is re-testing on three lines, which are the support line that was formed 3 months ago, the minor ascending trend line that started forming recently, and the descending trend line, and it seems that it has succeeded so far.
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In conjunction with that, the #RSI indicator during these months has formed a very positive pattern which is the ascending triangle, and the retest coincides with the RSI's rebound from the ascending support of the triangle, which is a strong positive sign.
C98/USDT TRADE SETUP!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #C98/USDT
Entry:- CMP AND ADD MORE UP TO $1.57
Target:- 120%
SL:- $1.35
Lev:- 10X
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Thank you
C98 BRACKOUT! READY TO PUMP 150%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#LONG
C98/USDT breakout this DESANDING CHANNEL pattern.
ENTRY: CMP and add more up to $1.5
SELL- 150%
STOP LOSS: $1.4
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
C98 - Massive PotentialHigher timeframe shows that we've had a massive impulse followed by a correction. Naturally the next move should be (and most likely will be) an impulse.
The ABC correction completed with a nice descending wedge and now we are in bullish territory.
Trade Idea:
- Watch for bullish price action on lower timeframe
- Not anticipating price to break the bottom so stops would be safe below that level
- Targets: 4.4, 6.2, actively manage the rest
Goodluck!