C98 / TetherUS

C98 - Massive Potential

1459
Higher timeframe shows that we've had a massive impulse followed by a correction. Naturally the next move should be (and most likely will be) an impulse.

The ABC correction completed with a nice descending wedge and now we are in bullish territory.

Trade Idea:
- Watch for bullish price action on lower timeframe
- Not anticipating price to break the bottom so stops would be safe below that level
- Targets: 4.4, 6.2, actively manage the rest

Goodluck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.