NOT / TetherUS
Long
Updated

NOTUSDT 1H – Bullish Wave 5 Breakout

598
HEY GUYS I HOPE YOU FIND THIS IDEA VERY WELL

Elliott Wave Structure:

Wave 1 to Wave 4 has completed successfully.
Wave 5 is now forming with momentum shifting to the upside.

Key Levels:
🎯 Target Profit (TP): 0.00874
🛑 Stop Loss (SL): 0.000763

Trendline Break:
The price has broken above the descending trendline (yellow), signaling a bullish continuation setup.

Momentum Confirmation:
Heikin Ashi candles show decreasing selling pressure and bullish momentum starting.

Trade Setup:
Entry Zone: Current breakout levels.
Take Profit: 0.00874 (Wave 5 target).
Stop Loss: Below Wave 4 at 0.000763 for a solid risk management setup.

Bias:
✅ Bullish – Wave 5 Potential Upside 🚀

⚠️ Note: Always monitor volume, confirmation, and overall market conditions for risk management.


Disclaimer: This is not financial advice. Trade at your own risk and perform your own analysis before entering any positions.

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