C98USDT Ready to break out? Bullish OBV and CVD DivergencesBYBIT:C98USDT
Coin98 is currently bouncing off the range POC. If we get bullish price action here and hold this level, we could see a breakout happening.
Bullish OBV and CVD Divergences are forming on the 30m and 1hr chart.
We also have a massive Falling Wedge pattern. If we break out of the upper trendline, we could see big moves ahead, especially if Bitcoin breaks out and starts heading towards $35000.
TP areas in the video as per levels marked on the chart.
SL according to your risk tolerance.
Not Financial Advice. DYOR. Papertrade before using real money.
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Trade Safely,
Shawn
C98USDT
C98/USDT TRADE SETUP!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #C98/USDT
Entry:- CMP AND ADD MORE UP TO $1.57
Target:- 120%
SL:- $1.35
Lev:- 10X
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C98 BRACKOUT! READY TO PUMP 150%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#LONG
C98/USDT breakout this DESANDING CHANNEL pattern.
ENTRY: CMP and add more up to $1.5
SELL- 150%
STOP LOSS: $1.4
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C98 - Massive PotentialHigher timeframe shows that we've had a massive impulse followed by a correction. Naturally the next move should be (and most likely will be) an impulse.
The ABC correction completed with a nice descending wedge and now we are in bullish territory.
Trade Idea:
- Watch for bullish price action on lower timeframe
- Not anticipating price to break the bottom so stops would be safe below that level
- Targets: 4.4, 6.2, actively manage the rest
Goodluck!