Natcoin Analysis and Buying Scenarios
As seen on the chart, Natcoin is currently moving within a wedge pattern, indicating price compression and the possibility of a significant upcoming move 📉📈.
Scenario 1**: If the price breaks downwards, it could lead to a parabolic movement towards the **0.00576** level (Level 1). This area could be seen as a **buying opportunity** 🛒.
Scenario 2**: If the price moves within the wedge and then breaks upwards, we could see an early entry point in the daily time frame before a trend reversal occurs. This scenario would allow traders to capitalize on the upward movement 📈.
The divergence between the formed lows and the wedge pattern can help us identify a **better entry price** before a potential trend reversal 🔄.
- Trend Analysis
- Support and Resistance
- Chart Patterns
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