C98 channel and bull break upThis is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
After a strong price consolidation and contraction it looks like it is about to break up
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
C98USDT trade ideas
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).
C98 1D : ACCUMULATION PHASEHello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Keep In Mind ❗
🟣 Purple structure -> Higher TimeFrame Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Wait for this awful growth🔵 This digital currency is placed in a time frame D after a sharp and impulse growth in an ascending channel according to the image.
🔵 The price of this currency can go up to the ceiling of the ascending channel, which overlaps with the PRZ pattern AB = CD, due to passing the specified trigger (yellow).
C98USDT Technical Analysis⏳ Spot
💎 C98USDT has formed a Bullish Flag and a Symmetrical triangle. After the breakout it is expected that the price goes for a retest and then continues the Bullish move.
🌐 Tradingview
🏁 Short Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 3.400
☕️ TP1 3.600
🍺 TP2 3.800
🍻 TP3 4.000
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 3.000
Good Luck 🎲
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Coin 98Swing Trade Setup: C98/USDT
Long
4 Hr
Entry: $2.888
Stop Loss: $2.703
Potential Loss: - 6.41%
Target 1: $3.769
Potential Profit: + 30.51%
Risk/Reward Ratio - 4.76:1
Target 2: $4.140
Potential Profit: + 43.35%
Risk/Reward Ratio - 6.77:1
Reasons to Take the Trade:
- It's a Bullish Bat
- Class A Bullish Divergence on the MACD, and also on the 1 Hour
Reasons Not to Take the Trade:
- Coin 98 is one of the harder coins to get to. This pair trades on Binance so I can't even get to it. Yes, that's right, I typed up all of this information just to publish and share an idea that I don't even plan to act on. Why? Because I love you.
- I guess if things with Bitcoin REALLY dump it could reach this PCZ but keep falling pass the stop easily.
C98USDT is testing the daily resistance 🦐C98USDT is testing the daily resistance after the price bounced on the 0.786 Fibonacci level. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
🔥 C98 Bullish Move AheadC98 recently retested the top resistance of the bearish channel, and most likely confirmed support. This means that there's a big possibility for C98 to see more bullish price action in the near future.
First target for me would be the last local top around $4. Second target at $4.40. Let's hope for some nice price action of this token.
Happy trading!
C98USDT breakout C98 beautifully held 0.382 support and about to breakout of descending triangle. Long case is mentioned in the chart. you can long/short from support/resistance in shorter time frame. I love to do in 15 mins chart.
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and Happy trading!
C98 - Two Possible Bullish Scenarios!Hello everyone, if you like the idea, do not forget to support with a like and follow.
C98 is overall bullish and now retesting a demand zone in green so we will be looking for buy setups on lower timeframes.
First Scenario: (purple projection)
on H4: C98 formed a valid inverse head and shoulders pattern but it is not ready to go yet. Before we buy, we want the buyers to take control again by breaking above the gray neckline.
Second Scenario: (gray projection)
on H4: C98 is trading inside our red channel so if it keeps trading lower, then we will be waiting for a new swing high to form around the upper trendline to consider it our last swing high then buy on its break upward.
Meanwhile, until the buy is activated , C98 would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
C98USDT / LONGBasically and also the main distribution base for investors who fall into emotional turmoil during working with the digital field.
1. They've seen accounts and happy, never-before-seen numbers.
2. They always think that when the account goes up and the profit is big, why not just sell it and then reduce it more?
3. They often ask the school why there is such a change?