C98USDT trade ideas
Will C98 be 0.20$ ?!BINANCE:C98USDT has tried to break the resistance at 0.15$, but it has not increased success. It has returned to support and has started climbing again in order to try to break the resistance.
If it breaks the resistance, the first target will be the 0.16$ price and the climb will continue towards the 0.20$ target.
I wish you a lot of luck!
Our attempt to identify the next "pump coin". C98 long trade #5While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value, some coins have been pumping in percentage terms.
This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required.
Entry = 0.1340
Stop = 0.1296 (-3.3%)
TP = 0.2960 (+120%)
P/L ratio = 36.8
According to these conditions, with a position size of $5000, the amount of potential loss is $165, and potential profit is $6000.
What do you think, "Is this game worth the candle"? Write your thoughts in the comments
C98USDT - time to break through the level of 1.3Hello everyone! Let's analyze the journey of C98USDT by its resistance and support levels. Like the vast majority of altcoins, the future of C98USDT is not at all joyful, since the price has been sliding down the stairs for more than six months. For several months now, the coin has also been hitting the 0.13 level. And eventually it should break through, given that the trend line still covers the top. Therefore, we are waiting for the price at 1 USDT.
$C98 Performing Falling wedge in 1d Breakout Done Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pairโs highs, we wouldโve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
If you want to go for more pips, you can lock in some profits at the target by closing down a portion of your position, then letting the rest of your position ride.
Coin98 C98 price tries to grow or even pumpingAlmost all of the time C98USDT was trading, the price was in a prolonged downtrend.
Now, the Coin98 price is trying to break through the trend line and exit the downtrend.
We wish buyers strength and inspiration)
And for those who trade or hold this asset, we want to draw attention to the level of $0.24 - this is the first critical level from where the price can go for correction.
As well as the liquidity zone of $0.29-0.33 , where there may be increased seller activity.
And in case the buyers manage to organize a pump, the level of $0.41. Our imagination doesn't allow us to dream any higher.)
P.S:
Safe purchases are not during C98 price movements, but in accumulation zones, for example, $0.152-0.174, but you already know this)
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C98USDT has bullish triangleCoin in the game, increased volume, activity in the glass. The instrument is in the growth leaders, at the moment a cascade of local maxima has been formed near the round number 0.17$, from which I expect a pulse output to long. In confirmation of the breakdown scenario, I recommend waiting for the preload, as noted in the screenshot.
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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!