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
#Natcoin #Cryptocurrency #WedgePattern #TrendReversal #Tradecitypro #TCP #TradingOpportunities
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🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.