MBM_Crypto

C98 Looking strong! Bounced back into the falling wedge!

Long
BINANCE:C98USDT   C98 / TetherUS
Here's a quick look at C98 4 hr chart. As we can see, the price has printed a bigger falling wedge. The price broke below due the BTC flash crash but broke back into the falling wedge.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.

Targets:
- Profits can be taken in the resistance zone
1. 5$
2. 5.45$
3. 6.38$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D

Follow me for daily profitable trading setups

BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!

Experience our top-tier setups with our Premium Group for only 75$ Lifetime membership!

🎖Telegram: t.me/MBM_786kr🎖
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.