NOTUSDT trade ideas
NOT!Hello traders hope you are enjoying our Analysis.
Now we are here again with a new trading opportunity ,we will discuss today about AAVEUSDT
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Respecting some levels and bounced out of AOI,
in what looks like an impulsive manner.
Stalking this.
Ideally, a move down to the discount zone will print and react.
NOTCOINPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Enjoy Trading... ;)
$NOT :: How long does the power of bears last?The price can be corrected up to the range of $0.0055.
I find it suitable for buying with the intention of reaching the target of $0.05 .
You have to be patient in the market to get good profits. This is my second publicly published analysis for this chart.
Please see the previous analysis that I have linked.
NOT Higher But Lower | 3X SHORT (150% BD-Pot)It is NOT going higher but instead lower... I have a funny story to share about this pair.
One of my supporters, he comes early June and says, "Hey Alan, look at this pair, is awesome for your people; you should share it is going to grow a lot."
Uhhhh. To me it is obvious that it isn't and he knows I am bearish on the entire market, so... Well, that's the story. I blocked him.
Anyway, NOTUSDT has been going down since early June and is pointing to even lower prices.
We saw a small bounce in early July, not unusual, but the chart is currently pointing to one more major low before we can consider going long.
We will go long and consider the upside, for sure, but only after the bearish wave is over.
We like the pairs that are trading low, near support; at bottom prices.
We don't like when they are too high up or when they have been growing for years.
➖ Buy low. Sell high.
➖ Stay away from those high.
➖ Consider those trading low.
That's my motto.
Thanks a lot for your support.
Namaste.
Will the Notcoin Price Surge or Drop? Key Indicators to Watch!The recent price action of BINANCE:NOTUSDT has showcased a mix of volatility and potential as the asset navigates through various support and resistance levels. Analyzing the 4-hour chart reveals critical insights into its likely movements and trading opportunities.
Starting with the closing prices, there have been fluctuations between $0.01621 and $0.0159, indicating a short-term downward trend. The 9 EMA is currently positioned above the 20 EMA, suggesting a possible short-term bullish momentum. However, the convergence of these EMAs around the latest price points calls for caution, as it may indicate an upcoming crossover that could shift momentum.
The Relative Strength Index (RSI), which oscillates between 56.76 and 64.90, hints at a cooling off period after reaching overbought territory. With the RSI hovering around 59.68 in the most recent data, the asset appears to be in a neutral zone, not giving a clear signal for either overbought or oversold conditions.
The Moving Average Convergence Divergence (MACD) paints a mixed picture. While the MACD line was above the signal line in earlier sessions, indicating bullish momentum, the recent crossover and the histogram turning negative suggest a bearish shift. This transition calls for traders to be vigilant as the market sentiment might be turning.
In terms of support and resistance, the Notcoin price is testing the resistance level at $0.01615. A successful breakout above this level could pave the way for a challenge at $0.016314. On the downside, the support at $0.01596 is crucial; a breach here might see the price testing lower support levels at $0.01566 and potentially $0.01536.
For traders considering long positions, waiting for a confirmation of a breakout above $0.01615 could be prudent. This could provide a potential entry point with an eye on the next resistance at $0.016314. Conversely, should the price fail to sustain above $0.01596, it might be wise to hold off on long entries until further stabilization around lower support levels.
For those eyeing short positions, the recent bearish MACD signal and the RSI cooling off suggest that there could be room for downward movement. Entry points could be considered around the resistance levels of $0.01615, with exit targets set around the support levels of $0.01566 or $0.01536, depending on the risk appetite.