NOT Breakout Alert – 60% Potential on the Table
Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
NOT has broken out of a descending triangle after weeks of consolidation, showing strong bullish potential ahead.
Pattern: Descending Triangle Breakout
Breakout Level: 0.00245
Previous Move: 66% rally before recent correction
Entry: Breakout above descending trendline
Stop-loss: Below recent support near 0.00222
Target: 0.00390+
Technical Outlook:
Clean breakout after sustained downtrend
Structure favors continuation to the upside if breakout holds
Volume confirming breakout strength
Risk-reward ratio remains highly favorable on this setup. Watching for continuation as long as price holds above breakout level.
Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
NOT has broken out of a descending triangle after weeks of consolidation, showing strong bullish potential ahead.
Pattern: Descending Triangle Breakout
Breakout Level: 0.00245
Previous Move: 66% rally before recent correction
Entry: Breakout above descending trendline
Stop-loss: Below recent support near 0.00222
Target: 0.00390+
Technical Outlook:
Clean breakout after sustained downtrend
Structure favors continuation to the upside if breakout holds
Volume confirming breakout strength
Risk-reward ratio remains highly favorable on this setup. Watching for continuation as long as price holds above breakout level.
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.
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.