C98 has been one of the most volatile cryptos since the big drop of BTC on 11th May. It recovered more than 120% since the local bottom.
Today, it broke its trendline (on 4H TF). Also, the RSI's one was broken. Retest of these trendlines seems to be on-going. I think that C98 will be rejected (by trendlines) and will continue to go down. My expected targets are presented in chart, for this "short" scenario.
Today, it broke its trendline (on 4H TF). Also, the RSI's one was broken. Retest of these trendlines seems to be on-going. I think that C98 will be rejected (by trendlines) and will continue to go down. My expected targets are presented in chart, for this "short" scenario.
Operación cerrada: objetivo alcanzado
All targets were hit (30% gain) in just 1 day.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.