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C98USDT

C98 Small Bull Run Following BTCHello, I am Tommy. If this is your first time coming to my idea, thank you very much for taking the time to pay attention to it. My opinions are all subjective and personal. It might be right, or wrong, but there is one thing I can guarantee you will never go wrong - always set the SL for each entry before setting the TP for it. _______________________________ Current Situation: - Tokenomics: docs.coin98.com - Current Marketcap: $74M - Launchpad on Binance C98 has entered the monthly private token payment cycle (last month). However, according to Smart Money tracking on Nansen, after the first month of private token release, most of the private tokens belong to whale wallets and have deep connection with the Founder team. Founders come from Vietnam and are building a pretty quality product ecosystem. Price has just create a 2022-low, however I expect a small bull run for BTC after the release of PPI and CPI data this month. Therefore, C98 will also have a small bull run according to BTC. After creating 2022-low there was a pretty good buying force right after, creating a V-shape, showing a high probability that this is a pull-up / accumulation area at short-term bottom. Spot Trading is recommended for Target X5 -> X10
Long
by BuyDinhSellDay
C98/USDT 4HOUR ANALYST 🌟⚡⚡⚡ C98 digital currency failed to cross the level of $0.45 with several hits, currently the price is close to its last drawn support at the level of $3.5. If the price stabilizes above the level of $0.45 (Areas Pivots) and above the yellow line of the EMA 200, it has the ability to realize the targets of $0.48, $0.51 and $0.54. Otherwise, with the loss of the last support drawn in green, the price will see lower levels, if needed, a new update will be available to you. Arztoday Team 🚀
by arztoday
C98 - Order Blocks C98 / USDT To be clear, this is not a bullish structure. However if looking to enter a long, my strategy would be to enter in the lower green order block at support as we've tested it time and time again (no reason to enter in the mid-channel). Resistance block above in red that you could target for a long, otherwise boring chop in-between for now with less and less volatility. Order blocks are a great way to identify areas of supply or demand, easily trapping retail traders in liquidity. Identify these more often and use them as areas for S/R and you may be able to gain an edge on other traders or more importantly, institutional players. Order blocks, simply put, are where larger players in the market are either entering or exiting positions. Large players being institutions, banks, or whales. They are frequently used in forex markets by banks and often times become trapping points for retail investors who may not understand what or where they are and get chewed up by the big chip players that have analysts and traders eating up liquidity or using retail as exit liquidity. If you as a trader can better identify these blocks and levels, it will give you an edge against not only other traders, but against institutional participation. V
by cryptovatsik
Another fallAs we are aware of federal reserve's new policies, we don't let others deceive us. This market has two sides, long position for when it's bullish and short position for bearish. It depends on ourselves, we want to fight with this market or walk with that. You can hold some coins and wait for 5 years but remember there is no guarantee that all these coins could be beneficial till then. Lots of them might leave us forever. Use existing opportunities and fix yourself with real world because you can't match market with your dreams. Even if price face an increment , it's just an opportunity to enter short position. Unless if we see changes in federal reserve's policies. Never trade based on my idea.
Short
by amirmolayi
C98USDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for C98USDT Based on our last analysis on July 5, we expected a rising trend and now you observe that the price had a great rise during its next days. Here we have R1 that used to be a support line. And is our support area which shows the support of the price at some points since the past. At the moment, we see the price fluctuating over S1 and we believe it will have a pull back to R1 and here we will have a shot position for it and then we predict a fall for it to S1. By reaching at R1, it is possible for the price to rise over this line and have more increase. Even it is less probable for the price to experience more decline when it fall to S1 area and move below it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
C98USDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for C98USDT Based on our previous analysis on June 21, we expected the price to fall and now you see that this falling trend has happened and accordingly, one of our our targets is hit. At the present, we have R2 and R1 as our resistance areas. And S1 is our support area which includes the support of the price at some points. At the present, we see a head and shoulders pattern in our chart and the price is fluctuating below R1. We believe a rise toward R1 would happen and at this point, we can consider a short position to S1. If the price falls toward S1, we expect the right shoulder to be formed for our pattern. But in case the price moves above R1 and fixes there, then we will consider a long position to R2. So please consider the stop loss point due to the unstable condition of the market. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals