Hello all, I like C98 because it is quite strong bullish structure, let's see if we get some dip at the beginning of the new month. This could be nice buy opportunity.
MANAGE YOUR RISK AND USE STOPLOSS
On 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.
C98 broke out of structure again and as long as it has changed it's character the higher probability trades are longs only.
2:1 risk-reward ratio trade is on the chart.
It is important to conduct thorough research and analysis before making any investment decisions. In this analysis, we will be focusing on the c98 coin, which has recently caught our attention...
Hi, dear traders. how are you ? Today we have a viewpoint to scalp BUY/LONG the C98 symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Based on the chart, i guess that #C98 have good chance to show us good upward movement.
Targets: 0.27 and ~0.30
after first target reached move ur stop in breakeven!
Risk/Reward: 1 to 2
Please, feel free to share your point of view, write it in the comments below, thanks!
Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the C98 chart.
At the moment price break the structure.
Then, I think C98 breaks continue to move down to my goal.
My target is located at charts level.
C98USDT has given a break out from falling wedge and the price is trading above it.
We are expecting bullish upside.
The bulls need to hold support on downside and to break above horizontal resistance.
Manage your trades accordingly.