Coin98 (C98) - Bullish divergenceOn the above 4-day chart price action has corrected 97% since the sell signal (not shown) in August 2021 at $5.40, amazing. Now is an excellent moment to be long. Why?
1) A strong buy signal prints (not shown).
2) The strong signal also prints on the BTC pair.
3) Regular bullish divergence. Lots of it. This divergence is measured over a 3-month period.
4) IF upside breakout is confirmed, then ride price action back up to $5. Price action within falling wedge must breakout out by mid-February.
Is it possible price action falls further? Sure.
Is it probable? No
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know
Trade ideas
C98 Ready for another pump?C98 ready for another pump as it breakout from bearish zone on daily TF and currently and also breakout from trendline resistance on daily TF….
I’m looking forward for C98 to filled the imbalance above
Watch out to buy in spot at CMP and sell in those black price on the chart
Follow for more market update
Can chat me for trade setup
C98/USDT Struggles to Break the resistance. Break or Rejected ??💎 C98 has certainly piqued our interest, facing challenges in surpassing the local resistance zone. The key to sustaining its upward trajectory lies in breaking through this resistance. Achieving this breakthrough would tilt the odds in favor of bullish progression.
💎 Historically, C98 has demonstrated a reliable pattern of ascent, consistently rallying upon touching the demand zone and forming an ascending channel in shorter timeframes. For a confirmed bullish shift, C98 needs to conquer the resistance zone decisively.
💎 However, there's a downside scenario to consider. Should C98 continually face rejection at the resistance frontier, it might retreat downwards, seeking new momentum at the demand zone or potentially descending further to the robust support area. This retreat would necessitate a strategic reassessment, as it could signal a more extended bearish phase.
#C98 ANALYSISIn a daily timeframe, chart FWB:C98 is quite perfect. FWB:C98 has consolidated for a long time at $0.1-$0.15 and now it is retesting #MA100. #MA100 is currently acting as a support level. If #BTC doesn’t have a big fluctuation, FWB:C98 will pump in the next 2-3 days. You set the buy limit at the current $ C98 price. Remember set “stoploss”.
#C98:
Target: 10%-20%
Stoploss: 5%-6%
C98 local bullrunThe C98 instrument showed a local preload, where the lows of the price gradually increased, forming a figure known as an “ascending triangle". This usually indicates the presence of active participants in the coin. There is a clear level of support, which was tested with a few touches when participants opened positions from this level and accumulated their stop losses behind it. I expect to see a traded movement along the level with an increase in trading volumes and activity in the order book before the breakdown.
Analysis and predict #C98 trend price in next weekHi everyone, I hope that you have a great weekend. 👋
According to my analysis, the #C98 coin is in the last of the accumulation phase.
- Support line at around 0.12
- Resistance line at around 0.18
- Last Point of Support(LPS) at 0.1383
My predicted Sign Of Strength(SOS) at around 0.181
Trade idea:
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Entry: 0.1455
TP: 0.181
SL: 0.1375
Do not forget to put Stop loss for your positions (For every position you want to open).
This is just my Idea.
Disclaimer - No Trading Advice
C98/USDTC98/USDT Daily
C98 Has been Bouncing off this trendline and making higher highs and higher lows which is a bullish sign.
Currently getting rejected off the .1600 level which is a psychological level.
Currently been pulling back and has been bearish on the 4hr and 1hr which have both switched to bullish, so looking good for entry's.
Not financial advise purely how I'm seeing the markets.
C98 Is Showing to Be Alive After a Long TimeC98 Is Showing to Be Alive After a Long Time
Price is finally reacting and it is showing to be alive again.
On the daily chart the price is moving within a large corrective pattern like all the other ALTs.
On the 4-hour chart the price may reach the first target near 0.1475
A move above 0.1475 should push the price up to the second zone near 0.1680 considering that C98 usually has a high trading volume.
Thank you and Good Luck!
Will C98 be 0.20$ ?!BINANCE:C98USDT has tried to break the resistance at 0.15$, but it has not increased success. It has returned to support and has started climbing again in order to try to break the resistance.
If it breaks the resistance, the first target will be the 0.16$ price and the climb will continue towards the 0.20$ target.
I wish you a lot of luck!
Our attempt to identify the next "pump coin". C98 long trade #5While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value, some coins have been pumping in percentage terms.
This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required.
Entry = 0.1340
Stop = 0.1296 (-3.3%)
TP = 0.2960 (+120%)
P/L ratio = 36.8
According to these conditions, with a position size of $5000, the amount of potential loss is $165, and potential profit is $6000.
What do you think, "Is this game worth the candle"? Write your thoughts in the comments
C98USDT - time to break through the level of 1.3Hello everyone! Let's analyze the journey of C98USDT by its resistance and support levels. Like the vast majority of altcoins, the future of C98USDT is not at all joyful, since the price has been sliding down the stairs for more than six months. For several months now, the coin has also been hitting the 0.13 level. And eventually it should break through, given that the trend line still covers the top. Therefore, we are waiting for the price at 1 USDT.
$C98 Performing Falling wedge in 1d Breakout Done Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
If you want to go for more pips, you can lock in some profits at the target by closing down a portion of your position, then letting the rest of your position ride.