NOTCOIN has performed an extreme volatility and FOMO-driven rally. After a short consolidation, it may continue moving up, but this time I would not expect a wide extension.
The smarter entry would be at the edge of a trendline of a formation, as displayed on the chart, with a potential target at around the previous high.
This period is a "Memcoin era", so don't be surprized to observe sharp and furious moves for related instruments )
Don't forget - this is just the idea, always DYOR and manage risk.
The smarter entry would be at the edge of a trendline of a formation, as displayed on the chart, with a potential target at around the previous high.
This period is a "Memcoin era", so don't be surprized to observe sharp and furious moves for related instruments )
Don't forget - this is just the idea, always DYOR and manage risk.
Note
The idea was triggered and closed with a tight stop-loss.All markets have sunk after another strong NFP, which had caught the market by surprize
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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.
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.