Coin98 (C98) formed bullish Gartley for upto 268% big moveHi dear friends, hope you are well and welcome to the new trade setup of Coin98 ( C98 ).
Previously we had a nice trade of c98:
Now during the current drop, on the weekly time frame chart, RUNE has formed a bullish harmonic Cypher pattern for a big bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Coin98
🆓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
🆓Coin98 (C98) Nov-17 #C98 $C98C98 has just approached the $3 zone and the buying power has returned so we can expect a strong rally to $3.6, $4.2 and $5.4 in the near future. C98 is a very potential coin so we can increase stronger in the near future. But if it loses the $3 zone, we can continue accumulating at the $2.6 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 3$ zone
🔴Buy : 3
🔴Sell : 3.6 - 4.2 - 5.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 3$ zone
🔵Sell : 3
🔵Buy : 2.6
❓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
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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Coin98 (C98)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
**IF YOU WANT ME TO ANALLYSIS ANY OTHER CRYPTOS, PLEASE COMMENT THE NAME OF IT FOR ME**
Coin98 C98/USD support and resistance Hello traders, this is my idea on C98/USD for support and resistance on the daily time frame.
We have the Higher Low trend line.
The first line of support at 2.75 USD
The second line of support at 3.40USD, and we see confluence here with the H.L. trendline. If price holds here we should see another attempt to break the first line of resistance.
Rank #221
Volume past24H: $ 75,883,238
thanks
C98 - Potentially Big Move Incoming (if BTC Behaves)Soon as we break that 0.5 fib level on my chart, it'll coincide with the break of the trendline dating back several weeks. C98 is a big mover, it doesn't believe in slow and steady. We either rocket ship up or we plunge so do be careful. This is further backed by the Bollinger Band being squeezed right now on the daily. That's the bigger indication here.
Obviously this is a great long term project so if you're HODLing and wanting to DCA, anything under $3.50 is actually not a good price as once we break these levels, we're likely not coming back here for a while (hopefully never).
Coin98 (C98) - October 4Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(C98USDT 1D Chart)
Due to the short period of chart formation and weak support and resistance points, careful trading is required.
First support zone: near point 3.0.
Second support section: 1.066-1.5
Resistance section: near point 4.968.
A move out of the downtrend line is emerging.
So, unless it goes below the downtrend line, it is expected to turn into an uptrend.
It is necessary to check if there is an upward movement along the uptrend line due to the volatility around October 10th.
It remains to be seen if the RS line can hold above the 80 point on the wRSI_SR indicator until the SR line rises above the 80 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
#C98, #Coin98 and its nice looking pennant!A quick look at Coin98 (#C98USDT, 4HR and 15m, Binance):
According to CoinMarketCap, "Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming." The project was launched on Binance's Launchpad and opened for trading on July 25. I have been quite satisfied trading this coin so far. Today, it surprised me with a very nice pump!
Main Points
Price broke the upper resistance of the wedge supported by the third largest volume candle since launch. Admittedly, I was waiting for a breakout, but not so strong. Price eventually reached a peak at $1.85.
Price action is now forming a pennant ranging between $1.72 and $1.60.
Closest support levels are at $1.60, $1.51, and $1.45. The last two coincide with Fibonacci levels 0.5 and 0.618 respectively.
Strategy
If price breaks above the pennant, look for:
TP1: $1.85
TP2: $2.10
SL: n/a(*)
If you want to read more about Coin98 on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
(*) I do not use Stop-Loss for the simple reasons that I do not margin trade, and I trade only assets that I do not mind keeping long-term should the price suddenly crash.
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Some of my charts represent actual trades, and some are just paper trading.
Needless to say, this is not financial advice!