Yuriy_Bishko

C98, wait for breakout or false breakout this range!

BINANCE:C98USDT.P   C98 / TetherUS PERPETUAL CONTRACT
C98 is in a trading range. As long as the price is in this range, we should expect a good entry point. In this case, it is a breakout or false breakout of the trading range.
In the case of a contraction and breakout of the upper boundary, a good buying opportunity may arise. A false breakout is a sell.
Pay attention to the key level, there are many stop losses hidden behind it. A big player can collect this liquidity and then head up afterward.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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