C98USDT Reverses After 200 Days of Downtrend: Bullish Move AheadC98USDT technical analysis update
C98USDT has broken out of a 200-day descending channel, making a new high and signaling a strong reversal. The price is nearing a key level as it approaches the 100 EMA on the daily chart, indicating a potential bullish move ahead.
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C98BUSD
#C98/USDT#C98
The price is moving in a bearish channel on a 4-hour frame, which has a previous successful pattern and we have a support area in green at the level of 0.3600.
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the channel
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.3875
The first target is 0.4000
The second target is 0.4290
The third target is 0.4600
#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
C98 / C98USDTI think It will be my FAV
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
c98 First fall, then rise 👌👌👌In the desired analysis that you can see,
the desired currency will have a downward trend until the specified points,
after that the buying target will start and the upward trend will begin.
Dear friends, you can see that this analysis is based on several smart money methods.
RTM ICT and classic Price action have been analyzed, the accuracy of this analysis is 100%
C98, wait for breakout or false breakout this range!C98 is in a trading range. As long as the price is in this range, we should expect a good entry point. In this case, it is a breakout or false breakout of the trading range.
In the case of a contraction and breakout of the upper boundary, a good buying opportunity may arise. A false breakout is a sell.
Pay attention to the key level, there are many stop losses hidden behind it. A big player can collect this liquidity and then head up afterward.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
C98/USDT 4HOUR UPDATE%Welcome to this quick C98/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- C98/USDT is triangle pattern create conform and retest BUY the green zone
Entry:- CMP and buy green zone
Traget:-25% to 30%
Stop loss :- NA
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
C98 - a new project with great prospects 🙄🚀C98 is an interesting new project, having attracted quite a lot of attention since its release.
The chart shows the key level of $4.5, through which the price has not yet managed to pass. But at the same time, we can see that the price is making higher lows. This is a good signal for a breakout and continuation of the rise. In case of a breakout or a retest key level, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
C98 12h Is x4-x5 growth still realistic in the near future?Today we would like to bring to your attention C98 /USDT currency pair, which was very hot in the last month, because it showed +8400% growth since the launch of trading on Binance
Coin98 is a multi-chain and multi-currency Defi platform that supports asset exchanges from different blockchains. This multifunctional feature is singled out as the main reason for such a rapid rise in the price of C98. However, it is also worth mentioning that Coin98 was a Binance Launchpad project, and one of the founders is investor Thanh Le, who invested in Band, Alpha, etc. in the early stages. How the value of those coins was growing during the first Defi boom, we know (or you can look in our ideas), so he has a "feel" for making money, all we have to do is to follow him and learn).
Now to the C98 /USDT chart
The area where we would consider entering long C98 /USD is around $3.00-3.20 . Well and of course that is assuming the cryptocurrency market has a positive trading backdrop.
Then it will be possible to dream, and maybe even help to realize a good growth of C98 coin to the area of $13.20-14.00
If the cryptocurrency market will form a negative trading background and all the trading pairs will go into a corrective peak downward, we will take a second look at the C98 coin around $1.00-1.50 . It is in this range that at least some consolidation liquidity was displayed during the incomplete month.
In general, for us the trading history of the pair C98/USD is too small to make trading decisions on a larger part of the deposit, but on a small part of the deposit you may try to feel yourself as an investor, maybe even a large project in the future)
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C98/USDT 4HOUR UPDATE Welcome to this quick c98/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- c98 is look flag pattern and bullish single
Entry:- 3.64, 3.78,
Traget:- 20% to 30%
Stoploss:- 3.41,
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
C98 RSI Bullish DivergenceC98 has been in a downward trajectory lately. The bear's momentum has been diminishing as price goes down and this calls for a trend change.
The RSI is forming higher lows while price forms lower lows. This is a clear Bullish Divergence which signify trend reversal at some point in time.
C98 is currently at demand area. If the demand area is broken and a 4HR candle closes below, we may head lower before potentially going bullish towards ATH. This gives us enough room to buy at lower price levels.
This is a 1:7 Risk/Reward trade.
Goodluck guys!!!