Trade ideas
C98 down trendHello Trading view community, should like this analysis, please support with like and comments. Thanks
C98 could not break the $1.50 and it took 19 days to form a rising flag which ended into a crash.
C98 hovering over $1.50s, though, with regard to the down trend of mafket almost totally, C98 may drop to $1.40 - $1.35 suppodt zone.
from view of point of fundamentaly, and due to crisis of energy, Russia and Ukraine, and other factors which may happens should war break out between Russia and Ukraine, like risk of damage to EU gas pipeline, may affect the cryptocurrency market deeply and cause a deep crash of coins and token, at wbich C98 will nof be an excemption.
This is a personal idea, and I am not a financial adviser.
C98/USDT 12 HOUR UPDATE Welcome to this quick Update, everyone.
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C98/USDT just broke out the descending channel pattern and already retesting it.
Entry: CMP or upside support level of the channel.
Targets: 70%TO 80%
Stop Loss: $1.47
What's your thought on this?
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Coin98 (C98) formed bullish Gartley for upto 268% big moveHi dear friends, hope you are well and welcome to the new trade setup of Coin98 ( C98 ).
Previously we had a nice trade of c98:
Now during the current drop, on the weekly time frame chart, RUNE has formed a bullish harmonic Cypher pattern for a big bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
C98USDT Daily TA : 02.10.22 $C98All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts pls feel free to ask in Comment section .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Feb.22
⚠️(DYOR)
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C98 - The Ground Floor C98 was on a massive bearish leg for the latter half of 2021 and we almost took out the entire gains it made.
We recently tested the 78.6 fib of the bullish impulse move and we may have found the bottom. IF we do move lower once more, keep an eye on the structure.
The great thing about this coin is that its at the very lows. Any move up would be exponential gains for your portfolio. Might be a good one to take a punt on and see what happens.
Trade Idea:
- Enter and watch for continued bullish momentum from 78.6 fib
- If we move lower, watch the structure level for bullish price action and enter
- Targets: 4.4, 6.2, actively manage the rest
Goodluck!
C98 short trendC98 broke its strong supportive levels, and shadowed up after touching $1.48.
it seems that C98 is going to pullback to $1.90 resistance zone, which it may not be able to break it up.
Should C98 not be able to break up the aforementioned resistance level, it might drop to $1.10, where traders are expecting a strong buy signal for long term hodle or scalping.
BTC's price trend will play as a main factor on coming true or turning up side down of all analysis, though since ETH is just copying BTC, and other altcoins are simulating ETH's candlesticks movements, hence traders should have an eye on ETH and then BTC
This is personal idea, and I am not a financial adviser.
GALAUSDT is creating a falling Wedgethe price is creating a huge falling Wedge on the daily timeframe.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower.
As you can see, the previous support turns resistance on the 0.382 Fibonacci level..
How to Approach?
If the price is going to have a breakout with volume from the falling wedge and retest the 0.382 Fibonacci level (1.8$) as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
🆓Coin98 (C98) Jan-23 #C98 $C98
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.4$ zone
🔴Buy : 1.5 - 1.4
🔴Sell : 1.8 - 2.2 - 2.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.4$ zone
🔵Sell : 1.4
🔵Buy : 1.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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/USDTNot a financial advice
Considering buying C98 here on your support line
On 4H timeframe we are nearing to our oversold zone but need to await an see a bounce first
You can put a stoploss under 2.1$ zone
if you like and share this IDEA, I will highly appreciate if you LIKE and SUBSCRIBE, so we could trade together
C98 weekly bullishCoin98 is an all-in-one DeFi Platform that aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).
C98 - 50% upside in the cardsDuring most of December C98 made a downtrend wedge which I am considering to be an ending diagonal. When the wedge was broken, we had an impulsive wave and now we´re correcting that impulse.
Therefore I am considering that in the short term we should have at least one more leg up, with targets shown on the chart.
Depending on your risk profile, you can take a trade now (since the last 3 days were bullish, and today we seem to be correcting those candles), or you could wait for the green channel to be broken. I already took a mid-sized position and will add up if we break the channel.