NOTCOIN Update — Next Stop 0.012?Notcoin is delivering one of the most bearish charts at the moment. The token has already dropped more than 15% since breaking out of the triangle on Monday.
However, it looks like bears are still fully in control. The current price action is very likely to end in another leg down. This scenario is also second when looking at the recent volume. While every dip was driven by volume peaks, the phases in between had no volume.
Notcoin definitely needs the support of the broader market to stop the bleeding. Otherwise, it will reach 0.012 soon, which might not be the final destination for now.
Therefore, if you are looking to trade the reversal, this time hasn't come yet, and there are no signs that it will happen soon.
NOTUSDT trade ideas
Notcoin correction exhausted sellers, technical indicators Personal idea: Beside of market fluctuating, notcoin faced deep correction and based on the technical indicators, located in interesting zone also in one hour time frame we see buyers power, first resistance is around 0.0145- 0.15 and in the case of winning could jump to previous high 0.018 , also consider that growth of notcoin is fast and on the other hand usually ranges longer. Good 🙂 luck 👍
Notcoin(NOT) is Ready to Attack to Heavy support zoneNotcoin(NOT) is currently moving in the Ascending Channel and near the Resistance zone($0.0151_$0.0145) , Potential Reversal Zone(PRZ) , and Resistance lines .
We can consider the upward movement of Notcoin(NOT) in the ascending channel as a pullback to the broken Support zone , which is now the Resistance zone .
I expect Notcoin(NOT) to start falling again after breaking the lower line of the ascending channel and crossing $0.014, and attacking the Heavy support zone($0.0134_$0.0110) .
Note: if Notcoin(NOT) breaks the Resistance lines and Resistance zone($0.0151_$0.0145), the scenario will be changed.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NOTusdtConsidering the trend of the toncoin ecosystem, I expect a stunning growth from not this year and next, one of the advantages of this coin is that it does not have inflation, which may lead the way of Dogecoin.
This is not an investment, purchase or sale offer
But remember that the future is somewhat the same as the past
Notcoin Update — Standing At The Edge Of The 0.01 AbyssNOT recently broke out to the bottom of the triangle and invalidated all bullish hopes.
Fortunately, the token found support at 0.014. However, there's still a massive risk of further downside potential. So, here's why NOT might be doomed to revisit the 0.01 level.
1—The breakout happened after several unsuccessful attempts to climb above the resistance. This is usually a clear sign that bears have taken over control, and we've just seen the beginning of a downtrend.
2—The current support at 0.014 isn't strong. Moreover, NOT did not bounce off the level but just stopped dipping. Therefore, there's a risk that this support level will only hold temporarily.
3 - The attempts to break out to the top could be interpreted as a triple top (4H chart). In this case, we should definitely see a more substantial correction.
4—Volume has been constantly decreasing. At the current support line, we didn't see buyers stepping in and pushing the volume. However, a reversal would need a stronger volume push.
As a result, I see a considerable risk that NOT will go lower. A reversal could be possible if the broader market starts pumping.
Notcoin Update — Standing At The Edge Of The 0.01 AbyssNOT recently broke out to the bottom of the triangle and invalidated all bullish hopes.
Fortunately, the token found support at 0.014. However, there's still a massive risk of further downside potential. So, here's why NOT might be doomed to revisit the 0.01 level.
1—The breakout happened after several unsuccessful attempts to climb above the resistance. This is usually a clear sign that bears have taken over control, and we've just seen the beginning of a downtrend.
2—The current support at 0.014 isn't strong. Moreover, NOT did not bounce off the level but just stopped dipping. Therefore, there's a risk that this support level will only hold temporarily.
3 - The attempts to break out to the top could be interpreted as a triple top (4H chart). In this case, we should definitely see a more substantial correction.
4—Volume has been constantly decreasing. At the current support line, we didn't see buyers stepping in and pushing the volume. However, a reversal would need a stronger volume push.
As a result, I see a considerable risk that NOT will go lower. A reversal could be possible if the broader market starts pumping.
**Analysis of NotCoin: Ready to Break Out of the Consolidation R
The price of NotCoin (NOT) has been stabilizing within a defined range over the past few days, and investors are optimistic about the future of this cryptocurrency. The Chaikin Money Flow (CMF) indicator shows sustained capital inflow and a balance of buying and selling pressure. Additionally, open interest remains at $171 million, indicating investor confidence.
NotCoin has been consolidating between $0.015 and $0.017, and despite multiple attempts to break through the resistance line, it has yet to succeed. However, investor support for this cryptocurrency remains strong. If this support continues, NotCoin could rise above the $0.017 resistance line.
However, if the price fails to break the resistance line, the bullish scenario will be invalidated. Nevertheless, the existing positive signs reduce the likelihood of the price falling below the $0.015 support line.
🐦⬛🤑 **NOTCOIN Signal**
Resistance at $0.016 has repeatedly blocked NotCoin's upward movement, while $0.013 can serve as significant support for NotCoin. The target of $0.025 is attainable if $0.016 is broken with momentum and then stabilized.
📈 **Support: $0.013**
1️⃣ **First Target: $0.016**
2️⃣ **Second Target: $0.025****
Notcoin(NOT) is Ready to Pump againNotcoin(NOT) is moving in the Support zone($0.0158_$0.0153 and has managed to form two reversal patterns , one in terms of Candlesticks and the other in terms of Classical Analysis .
Also, we can see Regular Divergence(RD+) between Consecutive Valleys .
I expect Notcoin(NOT) to rise at least +10% after breaking the upper line of the Falling wedge Pattern .
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NOT Trade SetupNOT is once again at the support level. A rebound is indicating a possibility of another rally soon.
Entry: $0.015256 to CMP.
Stoploss: $0.014990.
Leverage: 3x to 5x.
Targets: $0.016020, $0.016466, $0.016905, $0.017366.
Note: Always use SL to avoid getting rekt, use low-leverage for a better and safer trade.
Not financial advice.
Regards,
Team Dexter.
Notcoin Broke Out Of The Triangle To The Downside — Bearish MomeWe’ve been watching Notcpon closely for the last few days as it approached a decisive moment: entering the corner of the triangle formed out of its long-term downtrend and short-term uptrend.
Although I mentioned that a strong move in either direction is possible, I saw a slightly higher chance for a bullish move.
However, I was wrong. Notcoin broke out to the bottom and confirmed the bearish move on the daily chart. This was indeed a solid bearish sign.
If not supported by a strong overall market, the next support is 0.01, followed by 0.009.
There have also been no signs of a reversal so far. Therefore, I stand by my decision and don’t touch the token in terms of trading.
NOTCOIN buy/long setupThe NOT bearish structure looks broken.
Now I have a demand range on the chart, which is where the buy/long positions are.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Notcoin Approaching Decisive MomentNotcoin has been trading in a long-term downtrend sin OKX:NOTUSDT ce the beginning of June. All attempts to break out of the downtrend have been rejected so far. Moreover, Notcoin has been unsuccessfully battling the resistance at 0.017 for almost a month.
On the bright side, NOT has formed higher lows on the 4H chart since the beginning of July and showed some bullish momentum.
Currently, NOT is approaching the corner of a triangle formed by the long-term down and the shorter-term uptrend.
A break to the bottom might bring the lower level of the long-term trendline back into the game. However, based on the current momentum in the market and the upcoming events next week, I consider it likely that we will see a break to the upside and the initiation of fresh bullish momentum.
Once it breaks the long-term downtrend, it should quickly follow up and pump through the resistance at 0.017. Afterward, there should be room to run with a first target of 0.02.
BINANCE:NOTUSDT
Notcoin Approaching Decisive MomentNotcoin has been trading in a long-term downtrend sin OKX:NOTUSDT ce the beginning of June. All attempts to break out of the downtrend have been rejected so far. Moreover, Notcoin has been unsuccessfully battling the resistance at 0.017 for almost a month.
On the bright side, NOT has formed higher lows on the 4H chart since the beginning of July and showed some bullish momentum.
Currently, NOT is approaching the corner of a triangle formed by the long-term down and the shorter-term uptrend.
A break to the bottom might bring the lower level of the long-term trendline back into the game. However, based on the current momentum in the market and the upcoming events next week, I consider it likely that we will see a break to the upside and the initiation of fresh bullish momentum.
Once it breaks the long-term downtrend, it should quickly follow up and pump through the resistance at 0.017. Afterward, there should be room to run with a first target of 0.02.
BINANCE:NOTUSDT
NOT ANALYSIS🔴 #NOT Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #NOT in 8hr time frame. We can expect around $0.02100 bullish move if the price brake the pattern.📈
⚡️What to do ?
👀Keep an eye on #NOT price action. We can trade according to the chart and make some profits. ⚡️⚡️
#NOT #Cryptocurrency #Breakout #DYOR