C98USDT.P trade ideas
C98 movement + News upcomingStoploss as in chart
With the upcoming 5 new feature, the C98 will try to follow the parabolic movement ?
Depend on how BTC stablize, C98 expect to move along the drawn line
On the other hand, breakout of 4.3 could guarantee uptrend for c98. Expect to dca when down to 3.7.
Stoploss under 3.5 as clearly breakdown the trend in Octorber
C98 curved channel and trajectoryMy first draft for C98 curved channel with an arc of a probable trajectory
MAGENTA CHANNEL
This 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.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
$C98- What is C98 Waiting For?Coin 98 had a mad run after its launch this past July and after that $6 dollar ATH, i think it has accumulated enough and should be ready for upward move.
I am kind of thinking that it is waiting for BNB and so will play around 4.0-3.9 before journey up.
Disclaimer- NFA but just saying my thoughts out loud.
C98USDT Analysis(LONGTERM)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 4.4 - 5 - 6 - 8
after first target reached move ur stop to breakeven
stop: ~2.5(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
Good luck everyone!
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Imminent C98 Break. 4H TF 🚀🚀C98 ATH was August , took a plunge for correction as expected after such run . It started to make its way back into recovery.
Bottomed out at $2.7. Made another Higher Low , that's good sign of recovery.
Ascending triangle is playing nicely with HLs
Now within a forming breakout triangle .
Many people FOMO'ed in at $3,78, $3,27 . This is a strong backing for C98, preventing its price to breakdown that much, no matter how low BTC price falls .
I expect it to maintain triangle range even if channel is broken down(worse case scenario)
C98USDT is cooling off for a monstrous run up, when the coast is clear, keep your eye on this one. In the event price action falls due to BTC, "minor" support is good entry point.
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