C98USDT — Descending Wedge & High R/R ZoneBased on the current structure, BINANCE:C98USDT is moving within a descending wedge , approaching zones that align with early investor positions.
🔍 What I’m seeing:
Potential drop into the range of a previous horizontal channel - marked on the chart.
We've already reached the Strategic
C98 Targeting Higher Levels
Price found support with divergence in the bottom trendline of the green descending channel for green V.
The recovery effort found resistance at the green zone, which I´m considering to be wave a. Let´s see how the correction plays out (green b) for long trade opportunities.
Long-Term Strategy for C98
1. Current Price Context
As of now, C98 is trading around $0.07.
The price has reached historical lows, touching around $0.057 recently, indicating we are near or within a long-term accumulation zone.
2. Multi-Timeframe Analysis
Monthly timeframe: C98 is still in a macro downtrend but seems to be
A Promising Setup with a 0.087 Stop—Key Levels to Watch!C98USDT: A Promising Setup with a 0.087 Stop—Key Levels to Watch! 🔵
This chart offers an exciting opportunity to craft a well-structured trade with a stop at 0.087 . I want to highlight the blue boxes —these zones could provide excellent entry points, but as always, confirmation is key.
Focu
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.