NOT → "DUMP" and 0.015 or false breakdown and 0.04?BINANCE:NOTUSDT looks strong both fundamentally and technically, but the hourly timeframe is forming the preconditions for a “Dump” of the coin before a possible further rise.
Since the opening (not counting the listing day), the coin has strengthened quite strongly without much pullbacks, which has created a rather large imbalance. In addition, there is a clear “Dump” scenario, where first the coin was pumped up to 450% and now it can be dumped in order to collect liquidity at the expense of traders who caught up with the outgoing train.
At the moment all the attention is on the area of 0.02-0.0199. There are two possible scenarios regarding the level and everything depends on the market reaction and traders' behavior. Either it will be a breakout and liquidation, or a false breakdown with the subsequent continuation of growth to the liquidity zones.
Support levels: 0.0199, 0.185
Resistance levels: 0.023, 0.0253
Volumes, investments are growing, but the coin cannot grow all the time. The market needs energy and whales may eat some buyers in order to form long positions at more favorable prices. We are watching the specified zone of 0.0199.
Regards R. Linda!
NOTUSDT trade ideas
Bullish reversal patternIt appears that NOT is forming a descending wedge pattern, a bullish reversal pattern that often indicates a potential shift from a downtrend to an uptrend. This pattern suggests that the selling pressure is diminishing, and buyers might start to take control. As a result, the price could rebound from the support areas.
Notcoin (NOT): can it form a new ATH in the nearest future?While trading activity remains subpar, the hopes of the NOT price reviving a strong bullish trend towards a new ATH have not vanished.
Regardless of the current market dynamics, which are stuck within a steep bearish trend, the NOT price has displayed hopes of a healthy upswing. Ever since the rejection from the highs, the price has been trading within a falling wedge and the latest upswing has displayed hopes of a bullish breakout. The price is steadily trading along the resistance of the wedge, intending to trigger a breakout any moment from now.
While the market participants appear to be quite sure of a healthy upswing, the trade setup and the technicals suggest a bullish breakout may not be on the cards. The falling wedge is a bullish trade set but the technicals point towards a final drop before a bullish breakout. The Ichimoku cloud remains bearish, while the stochastic RSI is heading towards the upper resistance. This indicates the NOT price is preparing for a minor pullback in the short term which may drag the levels close to the lower support at around $0.016.
The bulls appear to have faded as the buying pressure has failed to mount after the famous bull run that occurred in the past few days. However, after experiencing some drain, the bulls are believed to initiate a fresh upswing and reach a key resistance zone around $0.025. Here is when they are required to display strength, which may propel the Notcoin price towards new highs. Otherwise, the token may continue to remain consolidated within a range and display minor price actions.
BITMART:NOTUSDT
NOTUSDT is BullishPrice was in a small correction phase after a remarkable bullish rally, the bullish RSI divergence at hourly time frame indicates that bulls have taken their breather and are now again gearing up for the next leg of the rally. Break of previous lower high would confirm these sentiments. Targets are mentioned on the chart.
Long NOT/USDT 1H FrameNOTUSDT tries to protect the rise in the 1h time period with the 2nd parallel channel.
It can be said that there is a double bottom / Flag formation. As long as it maintains 0.019c, it corresponds to the flag and fib target of 0.049.
NOTE ! : Do not take more risks by taking leverage / margin positions in such currencies. It will be inevitable for you to be liquidated in case of large sales. BINANCE:NOTUSDT BINANCE:NOTUSDT
NOT - UpdateBINANCE:NOTUSDT
So I did actually buy at 0.018 as the trade automatically activated when it dumped to 0.017.
Incredibly lucky as it happened literally hours after I posted my last idea.
I sold at the top 0.0195 with an investment of $5.000 making a spot profit of approximately $400.
As you can see, we are still in a channel. Everyone panicking needs to relax as the price can drop as low as 0.0165 inside it.
There is no clear indication of a breakout either side and it remains supported at 0.0185 to 0.0190.
By the time I write this idea the price is 0.0189 RSI is in overbought and MACD is diverging to negative. These are bearish signals but bear in mind we are still within a channel and the dip has not affected the price drastically despite one of the biggest pumps we have ever witnessed.
If you have not bought, I would look for an entry at 0.0181. If it dips lower and does not recover from 0.0165 I would close the trade and look for another entry when the time comes.
Interestingly as the price dumps, whales are accumulating according to KuCoin, but ultimately what decides the fate of all cryptos is the BINANCE:BTCUSDT price.
Due to the uncertainty of the market, the price could increase from here still.
The price is in a downtrendThe price is in a downtrend, indicated by the descending trendline. Currently, the price is in the short-term support area and needs to break the descending trendline and the resistance level at $0.029400 to continue its upward movement. Increased trading volume at support points can indicate strong buying.
The key support level is at $0.015950, which has previously acted as support. The resistance level to watch is at $0.029400, and breaking this level is essential for continuing the upward trend.
For short-term traders, a break and consolidation above the descending trendline could lead to a new upward movement. Long-term traders should monitor lower support levels like $0.011120 and consider re-entering the market if higher support levels are broken.
NOTHING !!Hi.
BINANCE:NOTUSDT
🔵We have a Bullish Structure here
NOTUSDT formed a falling wedge on 2h timeframe🤔
Up we go if we do breakout ,also a bullish Divergence (RD+) on MACD which shows Positive Signs for NOTCOIN.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢Bullish Regular Divergence(+RD)
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
NOT: A bigger move is coming! If you're looking to trade NOT at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0233$ and take profits at the levels shown in the chart.
Targets:
1. 0.024$
2. 0.0255$
3. 0.027$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Notcoin Targets $0.17There's a liquidity zone is right at $0.17. The last sell-off didn't sweep the lows (Tan Line). Price likes to search for liquidity and that's where there's a lot.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
Can $BINANCE:NOTUSD return to its upward trend? Yes,It can If...After the news of NfP on Friday, the crypto market fell (or corrected)!
1) In a very o ptimistic scenario , we can expect the price to increase after touching the price of 0.015.
2) But if we want to look more cautiously at the price trend, the price can also see lower values (0.013).
3) Finally, if the candles cross the price of 0.22 before all these prices, it can be said that the BINANCE:NOTUSDT has returned to the upward trend.