zartraderguy

C98USDT Ready to break out? Bullish OBV and CVD Divergences

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zartraderguy Uppdaterad   
BYBIT:C98USDT   C98USDT SPOT
C98USDT

Coin98 is currently bouncing off the range POC. If we get bullish price action here and hold this level, we could see a breakout happening.

Bullish OBV and CVD Divergences are forming on the 30m and 1hr chart.
We also have a massive Falling Wedge pattern. If we break out of the upper trendline, we could see big moves ahead, especially if Bitcoin breaks out and starts heading towards $35000.

TP areas in the video as per levels marked on the chart.
SL according to your risk tolerance.

Not Financial Advice. DYOR. Papertrade before using real money.

If this analysis helped you, please give it a thumbs up and follow.

Trade Safely,
Shawn

Trade stängt: målet nått:
Took 2 scalps during the day.
First scalp: Stopped out in profit
2nd Scalp took profit at TP1

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