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C98USDT

📈Unlocking Potential: C98 Analysis in Weekly Timeframe💎🔍Today, we delve into the analysis of C98 cryptocurrency, which has been consolidating within a 600-day box range from 0.1248 to 0.439 on the weekly timeframe, yet to break out. 💎C98 is among the market's potential gems, boasting a highly practical DeFi project, signaling promising growth prospects during the bull run. 💥While the RSI oscillator indicates a downward momentum by breaking the 50 line, a golden cross between SMA25 and SMA99 presents a robust bullish signal, offering an attractive entry point for this asset. ⚡️However, solely relying on indicators and oscillators is not prudent; confirmation from price action and candlesticks is crucial. As we reached 0.439, a significant decrease in volume suggests traders' reluctance to breach this level, resulting in a 40% correction. 🛒For buyers, patience is key to observe the direction of price movement. In case of further correction, waiting for confirmation between 0.2 to 0.236 could be prudent. Conversely, a move towards 0.439 requires confirmation with a close above this level for a comfortable buying opportunity. 🚀Regarding targets, given the project's promising utility, it's advisable to wait for the all-time high (ATH) before making significant decisions. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Long
by itsparham96
Long C98I like this coin rn for a few reasons: 1. My proprietary blend of custom indicators, which have done amazingly well for me these past few months, are almost all flashing green. 2. We are sitting on the VRVP PoC rn and using it as support 3. The last 3 red candles look like a bull flag to me. 4. "W" pattern has formed and we used that pink ascending TL as support for both bottoms. 5. RSI is at a very reasonable level. Target is .48 with a SL of around .36 and an RRR of 2/1.
COINBASE:C98USDLong
by stewdamus
C98/Usdt Plan The C98/USDT pair appears to be poised for a breakout, as the price is currently consolidating within a triangle pattern on the 4-hour timeframe. This consolidation suggests that the market is gearing up for a significant price movement. The pattern indicates potential bullish momentum building up, hinting at a possible breakout to the upside. Given these technical indicators, there is a growing anticipation of a substantial bullish rally in the near future. However, it's essential to note that this analysis is not intended as financial advice. It's crucial to conduct your research (DYOR - Do Your Own Research) and consider various factors before making any trading decisions. Remember that cryptocurrency markets can be highly volatile and unpredictable, so it's always advisable to exercise caution and employ risk management strategies when considering trades or investment opportunities.
Long
by Crypto-By-Ghazi
1
C98/USDT IDEA C98/USDT Weekly time frame analysis reveals that the market structure is currently exhibiting a bullish sentiment. The horizontal resistance breakout has already been confirmed, signifying a potential bullish trend reversal. The phase of retesting is nearly completed, indicating a high likelihood of further price appreciation and a possible move towards the $1 mark. It should be noted that this information is presented for educational purposes only and does not constitute financial advice.
Long
by Crypto-By-Ghazi
1
#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
Long
by CryptoAnalystSignal
2
C98/USDT Break Alert! Indicating reversal to bullish movement.💎 C98 has recently demonstrated noteworthy market dynamics, particularly with its breakout of the Adam and Eve pattern, signifying a reversal from bearish to bullish momentum. 💎 C98 is currently in a retesting phase, indicating a probability continuation of its upward movement toward our target strong resistance area. 💎 However, if C98 fails to bounce upon retesting the support area around $0.37, and instead breaks down below this level, the next likely stop for the price would be at the demand area around $0.311. 💎 At the demand area, it is crucial for C98 to bounce decisively to sustain its upward trajectory. Failure to bounce, or worse, a breakdown below the demand area, would be concerning signals indicating a potential continuation of the downward movement. In such a scenario, the price might retreat further downwards.
by MyCryptoParadise_Nathan
6
Alikze → C98 |Cup patternIn the daily time frame, a cup pattern can be seen that if the supply zone is broken, the pullback can be available in support of the 0.29 zone of the specified targets. Due to the depth of this pattern, it has the ability to reach higher than the profit limit. 🟩Sup: 0.1953 - 0.29 ⛳️Tp1: 0.46 ⛳️ Tp2 :0.63 ⛳️ Tp3 : 0.78 ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
C98/USDT Bounce from the support area. Back to upward or down?💎 C98's market presence has recently been the center of attention. It has demonstrated a robust recovery, marked by a substantial bounce after touching the support area. 💎 This positive movement suggests a potential for continued upward trend, with a key objective being to break through the current resistance level. Achieving this would facilitate a smoother journey towards the targeted area. 💎 However, should C98 struggle to breach the resistance barrier, it might experience a reversal in momentum, leading to a potential decline back toward the support area. This would be a critical moment for C98 to gather strength and momentum for another attempt at an upward move. 💎 In the event, that C98 revisits the support zone but fails to maintain its position there, a critical situation could arise. A breakdown of the support level might occur, propelling C98 towards the demand area, and potentially even further down towards a stronger support level. This scenario would require careful monitoring, as it could significantly influence C98's market trajectory and future movements.
by MyCryptoParadise_Nathan
1
C98 target 0.541D time frame - Since last analysis of C98, we have already took profit, link as below, and here is the new one. C98 is completing a bottom head and shoulders, and retesting the support of neckline. We use first Fibonacci Projection to estimate the target from HS is around 0.56, and use 2nd one on the new wave from 0.2 to 0.42, then can have target at 0.53. According to both Fib Projection results, we set an appropriate resistance zone as final target. - TP: 0.53~0.56 SL: 0.299 - Last analysis (Hi Target)
Long
by EthanTW
C98 LOOKS BULLISHIt looks like a double correction has ended. In the second part of the correction, after wave X, we have a bullish triangle, which now looks like its wave E (which is a contraction triangle) is ending. Demand range is the right place to enter buy/long position. We have specified the targets on the image. Closing a daily candle below the green box will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
1
C98USDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Market and lower Targets: 0.48 - 0.65 - 0.85 Stop: under 0.13 (depending of ur risk). RR: 1 to 10 ALWAYS follow ur RM. risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
C98USDT.1DBased on the provided market data, the currency C98 is currently in a bullish trend across all time frames (4h, 1d, 7d). The RSI (Relative Strength Index) values for all time frames are above 70, indicating that the currency is currently overbought. This could potentially lead to a price correction in the future. The MACD (Moving Average Convergence Divergence) values for all time frames are positive, indicating a bullish trend. MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The Bollinger Bands (Bb) for all time frames are below the current price, which could indicate that the currency is trading at an elevated level. The support levels are increasing in value across all time frames, which is a good sign for the currency's upward trend. However, the resistance levels are also increasing, indicating that the currency may face selling pressure at these levels. Based on the technical analysis, it seems that the currency C98 is in a strong uptrend but is currently overbought, which could lead to a price correction. However, the positive MACD values and increasing support levels could continue to drive the price upwards. Investors should proceed with caution due to the overbought conditions and potential for a price correction. Please note that while technical analysis can be a useful tool in predicting market trends, it should not be used as the sole decision-making tool. Always consider multiple factors when making investment decisions.
by MarsSignals
C98USDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Targets: 0.22 and 0.24 after first target reached move ur stop to breakeven Stop: ~0.15 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
2