C98USDT.P trade ideas
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 $1.10, where traders are expecting a strong buy signal for long term hodle or scalping.
BTC's price trend will play as a main factor on coming true or turning up side down of all analysis, though since ETH is just copying BTC, and other altcoins are simulating ETH's candlesticks movements, hence traders should have an eye on ETH and then BTC
This is personal idea, and I am not a financial adviser.
C98USDT SETUPC98 price is moving in a falling wedge and price is bouncing from critical support. We are expecting bulls can take charge anytime soon and pull the price towards 2.5 followed by a 3.0 level. So keep an eye!
C98is on a critical area must hold 1.3 or we may see a hard falling and will be great get back above 1.9
GALAUSDT is creating a falling Wedgethe price is creating a huge falling Wedge on the daily timeframe.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower.
As you can see, the previous support turns resistance on the 0.382 Fibonacci level..
How to Approach?
If the price is going to have a breakout with volume from the falling wedge and retest the 0.382 Fibonacci level (1.8$) 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 🦐
C98/USDT : Trend Analysis #C98please do with your own risk , this is only my opinion and what i learn about pattern analysis,
hope you guys can use this only as reference things.
🆓Coin98 (C98) Jan-23 #C98 $C98
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.4$ 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
C98C98 travelling in falling wedge pattern, best buying as low as 1.2 to 1.5, than we see soon uptrend,
diergence on rsi c98bullish divergence on the rsi 1 hour and its been over sold for a a while going sideways good entry position
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 Last wave?I think C98 can go up from here if BTC remain stable. Enter after breakout. Manage ur risk. Goodluck!
The price is in a good position.Please look carefully.
The line of support and resistance is drawn.
Trade with caution.
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.
C98 Flag inside a FlagIn my opinion, C98 started to draw a Bullish Flag inside a Bullish Flag.
Between 2.94-3.38 there will be strong resistance. If the price could menage to break this strong resistance, I believe it will try to next prices, 4.41-6.43.
If it cannot, than it will fall back to the downline of the trend.
This is my trial. Not a financial advice.
C98/USDT chart analysis !C98/USDT is currently near a demandzone . we can see several times price try to break the long term trendline . but at this moment the price action starting to change as market foarmed a higher low position . also the stochastic rsi indicates oversold condition in current market . hopefully we will abel to get a strong confirmation if its break above and retest 3$ area .
C98 still shortOn Jan 03, I posted that C98 would be short for several days ahead, as it is clear on the chart today Jan 10, It reacted to its dynamic support line and shafowed up. but still there is hope tomorrow or the day after that it will break the aforementioned dynamic support line then will headed down ward
This is personal idea and I am not a financial adviser.
Coin 98 primed for breakoutCoin 98 (C98) has been in consolidation in a Channel Pattern since it’s last bullrun in August 2021, all signs indicate that a breakout to the upside is imminent in the near future.
Target: $8.5
C98/USDT 4HC98/USDT 4H
I think C98 can have agood pump🤫
ENTER:
2.13 $
2.08 $
2.03 $
2.00 $
TPS:
2.39 $
2.57 $
2.77 $
3.00 $
3.50 $
3.80 $
C98 1dall in chart!
C98 1D update!
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3 TPS done in first 6 days and now we can see crab pattern that say we can have pump till 4.5 _ 5
then we have dump or range move
