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FieryTrading
Aug 26, 2021 3:22 PM

🔥 C98: What's Next? Long

C98 / TetherUSBinance

Description

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A couple of days ago I made a short term analysis on the pending break out of C98.



The break out happened fast and wtith force, more than expected. Looking at the current chart it seems that C98 is seeing a minor period of bearishness since it has already lost 25% of its value since the top.

As of now, I think there's more short term pain ahead for this token. My main area of interest lies between the 0.234 and 0.384 Fibonacci retracements levels, indicated by the red support area.

Seeing the longer term trend of C98, I think we're going to see a $10 value in the coming weeks, which is also the main target of the next bullish move.

Happy trading!
Comments
Erenocal
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we are at the deepest point.... and the max value is 2x or 2.5x .. means will be 9-10$ and then the withdrawal rate is nearly % 68-70... if the new record is 9$ .. withdraw value will be 6.2 $-7$ .. u can wait
to refill your bag:
UnitedSignals
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I have similar expectations here bro!
XMADEX
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NEW PLZ
jonawaz
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Any update on C98
CobraVanguard
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Beautiful setup mate. Thank you!
ProjectSyndicate
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Thanks for sharing your analysis and charts
Erenocal
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By the way waiting days between pumps are nearly 4 days and last 2 pumps carried on nearly 24-30 hours.I wait new pump in 24-30 hrs ...
MMBTtrader
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another great job
Helical_Trades
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Best post! Thanks a lot
VasilyTrader
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I guess we have a similar view on that. Well done!
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