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C98 / TetherUS PERPETUAL CONTRACT

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C98 looks a rocketThe price has hit a powerful support zone. At the top of the chart we have spike movements. Due to the fact that the price has hit a powerful range, the spike movements may be completely filled The targets are clear on the chart. Closing a 4-hour candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
C98/USDT Primed for a Bullish Breakout From Descending Channel🚀💎Paradisers, #C98 is making its way through a descending channel and poised for a potential breakout. 💎After the breakout, we'll look for a retest to confirm our next moves. This retest phase is crucial as it often follows a breakout, offering a prime opportunity to validate the bullish momentum. If #Coin98 sustains support at $0.2503 and pursues an upward trajectory, our projected resistance zone will be the next milestone. 💎However, if #C98USDT fails to maintain its position and slips back into the channel, this might signal a weakening in the bullish trend. Under such circumstances, the price could descend further to the next significant support level at $0.2324. 💎Historically, FWB:C98 has demonstrated its ability to recover strongly from this level. Should this pattern persist, a robust bounce is likely. Yet, a decisive close below this support could overturn the bullish scenario, indicating a possible move towards a more bearish trend.
Long
by MyCryptoParadise
📈Unlocking Potential: C98 Analysis in Weekly Timeframe💎🔍Today, we delve into the analysis of C98 cryptocurrency, which has been consolidating within a 600-day box range from 0.1248 to 0.439 on the weekly timeframe, yet to break out. 💎C98 is among the market's potential gems, boasting a highly practical DeFi project, signaling promising growth prospects during the bull run. 💥While the RSI oscillator indicates a downward momentum by breaking the 50 line, a golden cross between SMA25 and SMA99 presents a robust bullish signal, offering an attractive entry point for this asset. ⚡️However, solely relying on indicators and oscillators is not prudent; confirmation from price action and candlesticks is crucial. As we reached 0.439, a significant decrease in volume suggests traders' reluctance to breach this level, resulting in a 40% correction. 🛒For buyers, patience is key to observe the direction of price movement. In case of further correction, waiting for confirmation between 0.2 to 0.236 could be prudent. Conversely, a move towards 0.439 requires confirmation with a close above this level for a comfortable buying opportunity. 🚀Regarding targets, given the project's promising utility, it's advisable to wait for the all-time high (ATH) before making significant decisions. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Long
by itsparham96
C98/Usdt Plan The C98/USDT pair appears to be poised for a breakout, as the price is currently consolidating within a triangle pattern on the 4-hour timeframe. This consolidation suggests that the market is gearing up for a significant price movement. The pattern indicates potential bullish momentum building up, hinting at a possible breakout to the upside. Given these technical indicators, there is a growing anticipation of a substantial bullish rally in the near future. However, it's essential to note that this analysis is not intended as financial advice. It's crucial to conduct your research (DYOR - Do Your Own Research) and consider various factors before making any trading decisions. Remember that cryptocurrency markets can be highly volatile and unpredictable, so it's always advisable to exercise caution and employ risk management strategies when considering trades or investment opportunities.
Long
by Crypto-By-Ghazi
1
C98/USDT IDEA C98/USDT Weekly time frame analysis reveals that the market structure is currently exhibiting a bullish sentiment. The horizontal resistance breakout has already been confirmed, signifying a potential bullish trend reversal. The phase of retesting is nearly completed, indicating a high likelihood of further price appreciation and a possible move towards the $1 mark. It should be noted that this information is presented for educational purposes only and does not constitute financial advice.
Long
by Crypto-By-Ghazi
1
#C98/USDT#C98 The price broke the downward channel since April 2022 That is, approximately a year and a half, and therefore this break is very strong for the downtrend The secret was achieved from the trend breaking area 0.1450, achieving approximately 50% The price now is 0.2100 Our first target is 0.2950 Second goal 0.4041. This represents 270% of the breakout price of the trend We are oversold on the MACD Significant upward momentum supports the rise But you must take into account the resistance points on the chart
Long
by CryptoAnalystSignal
2
C98/USDT Break Alert! Indicating reversal to bullish movement.💎 C98 has recently demonstrated noteworthy market dynamics, particularly with its breakout of the Adam and Eve pattern, signifying a reversal from bearish to bullish momentum. 💎 C98 is currently in a retesting phase, indicating a probability continuation of its upward movement toward our target strong resistance area. 💎 However, if C98 fails to bounce upon retesting the support area around $0.37, and instead breaks down below this level, the next likely stop for the price would be at the demand area around $0.311. 💎 At the demand area, it is crucial for C98 to bounce decisively to sustain its upward trajectory. Failure to bounce, or worse, a breakdown below the demand area, would be concerning signals indicating a potential continuation of the downward movement. In such a scenario, the price might retreat further downwards.
by MyCryptoParadise_Nathan
6