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C98USDT trade ideas

#Coin98 reversal ideaHello dear Traders, Here is my idea for #Coin98 Price finds support at monthly pivot S1 line. Daily inside bar has been formed and we will wait for a close above the yellow trigger line (0.425$) in the 4h chart to enter the trade. Profit target 0.76$ and stop 0.35$. Risk Reward ratio 4.2 Please feel free to ask any question in comments. I will try to answer all! Thank you. About #Coin98 Rank 267 by marked cap Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming. To learn more about this project, check out our deep dive of Coin98. Coin98 aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge). Coin98 Wallet: Allows users to store, send, receive, manage crypto assets and connect to numerous dApps on multiple blockchains. It supports over 40 blockchains such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, etc on both mobile (iOS & android) and Chrome extension versions. Coin98 Exchange: A multi-chain liquidity aggregator that supports assets across a variety of blockchains, including but not limited to Ethereum, Binance Smart Chain, Solana, Avalanche and Polygon. Source: Coin98 price today, C98 to USD live, marketcap and chart | CoinMarketCap About Pivot Lines The term monthly indicates that the pivot levels are calculated using the prior month’s high, low and closing price. The basic formulas are now well-known and pivot calculators are readily available on Tradingview. If a market closes above the monthly pivot, then the trend is positive, and closing below the pivot is negative. In a positive market, you look for prices to pause, or maybe even reverse, at the first pivot resistance level (R1). If that level is exceeded, then the R2 is the next level to watch. Conversely, when a market drops below the monthly pivot, then the first downside target is the first pivot support (S1), and the second support is S2. Source: Learn How To Use Monthly Pivot Analysis (forbes.com)
Long
by Diplo_Trades
1
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
C98USDT BAT FORMATIONBat The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618. The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
by UnknownUnicorn38199698
4