Notcoin (NOT) eyes bullish perspective despite a slight pullbackNotcoin (NOT) was up about 40% in the past 24 hours, with over 100% gains in the weekly chart. The recent explosive upswing tipped to trend side by side with GameStop (GSTOP), on the CoinMarketCap trending list on 30th May.
NOT enjoyed strong buying pressure, as shown by the bullish reading of the RSI (Relative Strength Index) indicator (50.25).
Additionally, capital inflows surged in NOT markets from 28th May, as shown by the sharp climb above the average level of the Chaikin Money Flow (CMF) indicator.
Collectively, the readings paint a bullish momentum for NOT’s price. Additionally, the upswing above the 38.6% Fib level ($0.0095) flipped the market structure bullish in the lower timeframe, denoting further upside could be likely.
If so, NOT could tuck an extra 14% gain if it clears its recent higher high at $0.012 (0% Fib level) in the next few hours or days.
However, liquidity heatmaps showed that a short pullback towards the near 20-day EMA (exponential moving average) couldn’t be overruled.
Coinglass liquidation data showed that there were key liquidity clusters near $0.011 and $0.013 on the 24-hour chart.
www.coinglass.com
Typically, market manipulation by market makers could tip a liquidity hunt for both levels, with the closest then the furthest from the current price level.
If so, NOT could hit $0.013 and ease slightly to $0.011 before attempting to clear the recent high. Such a slight pullback could act as a discounted buy for sidelined bulls as the derivatives market flashed bullish signal.
BYBIT:NOTUSDT
NOTUSDT.P trade ideas
Notcoin(NOT) is Ready for another PUMP===>>+30%+40%Notcoin(NOT) has increased by more than +120% in the last five days. One of the main reasons for this increase is that the Notcoin(NOT) team announced its new AirDrop and new ways for game users to earn money, which led to investors' interest in the token once again. In terms of technical analysis , with the help of the Rounding Bottom Pattern .
According to Elliott's wave theory , Notcoin(NOT) seems to have completed wave 3 and is currently completing wave 4 . If the one-hour candle closes above $0.009136 , we can confirm the end of wave 4 .
I expect Notcoin(NOT) to rise to the Potential Reversal Zone(PRZ) after wave 4 is completed.
Note: An important point you should always remember is capital management and lack of greed.
Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Notusdt.p - reversal trend- Trend breakout
- 5 waves
- volumes are dropping ( it means divergence on all indicators )
- the good news is over, the news in general is over on the coin.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
#NOT Second Entry. After a Successful Trade**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
Warning! PEAK IN 3 DAY ...Wait for coming?In conclusion, while receiving warnings about a potential peak in a cryptocurrency like "NOTUSDT COIN" within three days may prompt attention, it's important to approach such predictions with skepticism. Cryptocurrency markets are inherently volatile, and short-term predictions can be highly speculative. It's advisable to conduct thorough research, consider various factors influencing the market, and make decisions based on a well-informed investment strategy rather than solely relying on short-term predictions.
Notcoin (NOT) Price Gains Another 40% Gains Despite Market Wide Notcoin ( GETTEX:NOT ) has seen a significant price rally, reaching an all-time high with 150% weekly gains. The Telegram-based cryptocurrency has surpassed popular meme coins like Shiba Inu, BONK, and Pepe Coin in terms of on-chain holders. However, the Notcoin ( GETTEX:NOT ) Relative Strength Index (RSI) levels indicate that it is currently overbought, with a market cap of $1.218 billion. Over the last week, the Notcoin ( GETTEX:NOT ) price has surged by 150%, adding more than $640 million to its market cap.
The surge in growth aligns with the popularity of Notcoin ( GETTEX:NOT ), a play-to-earn Web3 game hosted on Telegram. The game allows users to convert their in-game currency into GETTEX:NOT tokens, attracting significant interest from Telegram's user base. On May 16, 2024, the Notcoin ( GETTEX:NOT ) token officially debuted at $0.009900. However, by May 23, 2024, the price underwent a pullback phase, plummeting to around $0.004500. Following this, the price experienced a significant upsurge, surpassing its previous all-time high of $0.009900.
Notcoin ( GETTEX:NOT ) entered the top 100 assets list two days ago and achieved a market capitalization of $1 billion. However, it has since surged in rankings, now standing as the 81st largest asset with a market capitalization of $1.2 billion. The Notcoin ( GETTEX:NOT ) team announced that the token boasts 1.6 million on-chain holders, surpassing popular meme coins like Shiba Inu, BONK, and Pepe in terms of holder count.
NOT JUST BOUNCED OFF THE 61% FIB LEVEL....ATH TARGET?After drawing the fibonacci, we can see that the price has dropped into the golden ratio and is most likely to bounce off that level to create a higher high. Could this be a move that targets the all-time high since its launch? Let's keep an eye out! All the best to the traders longing and spot trading #NOTCOIN
Notcoin (NOT) is growing. Again. | 30.05NOT price has maintained its position above the moving averages recently, although it has not approached the immediate resistance level of $0.013. Bears are aiming to defend the ongoing surge above Fib channels. As of writing, NOT price trades at $0.012, surging over 28% in the last 24 hours.
The 20-day EMA ($0.01) is trending upward and an RSI over 70 indicates a minor advantage for the bulls. They aim to push the NOT/USDT pair past the $0.013 mark. Achieving this could initiate a new upward movement towards $0.015.
Conversely, a decline from the resistance level and a fall below the $0.01 support line would indicate that the pair could continue to fluctuate within its current range. This scenario could see the pair drop to $0.0075 and possibly further to $0.006.
BYBIT:NOTUSDT
NOT – analysing the most hyped altcoin of the week | 29.05Listed on the WhiteBIT exchange on May 28 , Notcoin's (NOT) marketcap surged to over $927 million.
One side of the trend expects the coin to hit the $1 mark, and the other is still uncertain about this volatile cryptocurrency. Is it the right time to buy this coin or wait for corrections? Let’s find out.
Since there is not much data to analyze in the chart, the current price action follows an uptrend upward channel pattern. On launch, the NOT price surged to $0.037 and corrected to the current price of $0.009 with a weekly surge of 68.5%.
Looking at the real-time use case of Notcoin, being a rewarding asset to players of Telegram Tap to earn game, NOT will gear up from the short correction and may rally to a high near $0.2.
Going beyond that will need a sheer amount of social attention and a spike in several game players on the Telegram app. In the present scene, investors should watch the lower support zones $0.004800 and $0.005100 and the higher resistance of $0.1 level to decide to enter.
NOT AnalysisNOT has formed a higher high and what appears to be a first 5 wave move up. NOT has respected all fibonacci levels within this wave count. NOT is now seeing a rejection at the ideal fibonacci resistance along side bearish RSI divergence on the 4 and 6 hourly time frame. I am looking for a corrective pullback from this region witch would make for a good buying opportunity. I have relayed a pullback support zone on the chart. If price action makes a new high I will readjust this support zone. There is a lot of hype around this coin.