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C98USDT trade ideas

#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
C98 After Successfull trade Here is The Second One## C98 Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Coin98 (C98):** A utility token powering the Coin98 ecosystem of DeFi products and services. * **Launched:** July 2021. * **Market Cap:** ~$221 million (as of Feb 25, 2024). * **Rank:** #244 on CoinMarketCap. * **Unique Features:** * **Discounted fees:** C98 holders receive discounts on fees across Coin98 products like their DEX and lending platform. * **Governance:** C98 token holders vote on proposals shaping the future of the Coin98 ecosystem. * **Yield generation:** Staking C98 tokens can earn users rewards. **Recent News:** * **Feb 22, 2024:** Coin98 announces integration with Layer 2 scaling solution Polygon zkEVM. * **Feb 15, 2024:** Coin98 launches a new feature allowing users to swap NFTs directly on their mobile wallet. * **Feb 8, 2024:** C98 token listed on the Huobi exchange. * **Jan 31, 2024:** Coin98 partners with crypto payment processor MoonPay to facilitate fiat-to-crypto on-ramping. **Disclaimer:** * This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions. **Additional Notes:** * C98 price has seen some volatility recently, but has shown positive performance compared to the broader market. * The recent news highlights Coin98's focus on expanding their product offerings and ecosystem growth. * As with any cryptocurrency investment, carefully assess the risks involved before making any decisions. I hope this information is helpful! Please let me know if you have any other questions.
Long
by MoonTradingForecast
C98/USDT | 1W 👀As expected, the coin briefly consolidated after the correction, before embarking on a gradual ascent along with the rest of the market. At current levels, I wouldn't recommend buying the coin, as I anticipate a decline. - Not financial advice, trade with caution. #Crypto #Coin98 #Investment #C98 ✅ Stay updated on market news and developments that may influence the price of Coin98. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking #Crypto #Coin98 #Investment #C98
by Nyskohuz
#C98USDT (Watchlist) 2-2024 #C98 is displaying a significant Bullish Inverse Head and Shoulders pattern. A successful breakout from this pattern is expected to propel C98 towards $0.55. However, the validity of this pattern will be compromised if prices retreat back below $0.21 on the weekly timeframe. Consider for Watchlist: When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges. PS: We avoid trading coins associated with gambling, prostitution, human trafficking, etc. Note: This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks. Best wishes to all, we ask Allah reconcile and repay. 🙏
Long
by HamadaMark
2
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