๐น Over 600K followers on Twitter โ strong social presence
โ Listed on Coinbase, which adds major credibility
โ Down more than -99% from ATH
๐ Technical Overview:
โ Classic altcoin structure: channel breakdown โ sideways consolidation โ renewed drop into capitulation zone
โ Currently forming a falling wedge, with a possible double bottom
โ If no bounce โ further decline toward the $0.027 zone remains possible, and typical for such assets
๐ฏ Key Insight:
No confirmed reversal yet โ but wedge formation and deep zone may offer opportunities for position building via average entry.
Donโt chase bottoms โ focus on risk-managed entries.
โช๏ธ C98 is highly dependent on the overall alt-season dynamics
โช๏ธ The sideways movement may drag on
โช๏ธ False breakouts before the real movement are not excluded
โ Listed on Coinbase, which adds major credibility
โ Down more than -99% from ATH
๐ Technical Overview:
โ Classic altcoin structure: channel breakdown โ sideways consolidation โ renewed drop into capitulation zone
โ Currently forming a falling wedge, with a possible double bottom
โ If no bounce โ further decline toward the $0.027 zone remains possible, and typical for such assets
๐ฏ Key Insight:
No confirmed reversal yet โ but wedge formation and deep zone may offer opportunities for position building via average entry.
Donโt chase bottoms โ focus on risk-managed entries.
โช๏ธ C98 is highly dependent on the overall alt-season dynamics
โช๏ธ The sideways movement may drag on
โช๏ธ False breakouts before the real movement are not excluded
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.