Notcoin (Elliott Wave)Hello friends
Notcoin currency has had a price jump after the initial pricing.
Then, with the calm of the transactions, wave 1 has been revealed and waves 2 and 3 have also been completed.
One of the characteristics of wave 4 is that it is long and tiring and corrects between 50 and 61.8% of wave 3.
These events are also observed in wave 4, so we can identify wave 4.
Now, due to the break of the downward trend line and pullback, waves 5(1) and 5(2) have been completed.
Therefore, we are waiting for price growth in the majority of wave 3 out of 5.
This growth can continue until the last initial price which is around 0.03700.
A buy trade with a loss limit of 0.01436 and a profit limit of 0.02680 seems reasonable.
The second target is 0.03700.
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