twenty47crypto

Coin98 C98/USD support and resistance

Long
twenty47crypto Updated   
FTX:C98PERP   Coin98 Perpetual Futures
Hello traders, this is my idea on C98/USD for support and resistance on the daily time frame.
We have the Higher Low trend line.
The first line of support at 2.75 USD
The second line of support at 3.40USD, and we see confluence here with the H.L. trendline. If price holds here we should see another attempt to break the first line of resistance.

Rank #221
Volume past24H: $ 75,883,238

thanks


Comment:
Confluence support still holding

Rank #220

Volume 24h: $57,515,939
Comment:
Confluence support still holding
Rank # 221
Volume 24h: $73,446,593
Comment:
HL trendline lost, second line of support holding.

Rank #221
Volume 24h: $51,958,580
Comment:
Second line of support still holding

Rank #222
Vlume 24h: $108,118,529
Comment:
HL trendline followed picture perfect. Retest of the first area of resistance in progress , looking good so far.

Rank #221
Volume 24h: $104,911,346

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.