Imminent C98 Break. 4H TF ๐๐
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.
Follow ๐ถ for Daily Analysis
Like๐ if you love this Trade Idea
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.
Follow ๐ถ for Daily Analysis
Like๐ if you love this Trade Idea
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