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.
Trade fermée: cible de profit atteinte
All targets were hit (30% gain) in just 1 day.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.