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NOTUSDT trade ideas

Notcoin Approaching Decisive MomentNotcoin has been trading in a long-term downtrend sin OKX:NOTUSDT ce the beginning of June. All attempts to break out of the downtrend have been rejected so far. Moreover, Notcoin has been unsuccessfully battling the resistance at 0.017 for almost a month. On the bright side, NOT has formed higher lows on the 4H chart since the beginning of July and showed some bullish momentum. Currently, NOT is approaching the corner of a triangle formed by the long-term down and the shorter-term uptrend. A break to the bottom might bring the lower level of the long-term trendline back into the game. However, based on the current momentum in the market and the upcoming events next week, I consider it likely that we will see a break to the upside and the initiation of fresh bullish momentum. Once it breaks the long-term downtrend, it should quickly follow up and pump through the resistance at 0.017. Afterward, there should be room to run with a first target of 0.02. BINANCE:NOTUSDT
Long
by ben_walther
Notcoin Approaching Decisive MomentNotcoin has been trading in a long-term downtrend sin OKX:NOTUSDT ce the beginning of June. All attempts to break out of the downtrend have been rejected so far. Moreover, Notcoin has been unsuccessfully battling the resistance at 0.017 for almost a month. On the bright side, NOT has formed higher lows on the 4H chart since the beginning of July and showed some bullish momentum. Currently, NOT is approaching the corner of a triangle formed by the long-term down and the shorter-term uptrend. A break to the bottom might bring the lower level of the long-term trendline back into the game. However, based on the current momentum in the market and the upcoming events next week, I consider it likely that we will see a break to the upside and the initiation of fresh bullish momentum. Once it breaks the long-term downtrend, it should quickly follow up and pump through the resistance at 0.017. Afterward, there should be room to run with a first target of 0.02. BINANCE:NOTUSDT
Long
by ben_walther
NOTCOIN: THE BULLS EMERGESThe cryptocurrency market is experiencing a bullish phase, and NOTCOIN is no exception. Recent market movements indicate strong upward momentum, driven by key technical patterns and broader market dynamics. Let's delve into the latest developments and strategic trading insights for NOTCOIN. Current Market Performance NOTCOIN is currently in a bullish market, trading within an ascending wedge structure. This pattern is typically a sign of continued bullish momentum, suggesting that higher prices may be on the horizon. The ascending wedge structure indicates that buyers are in control, pushing the price higher within a narrowing range. Key Technical Indicators Ascending Wedge Structure: The formation of an ascending wedge is a bullish signal, indicating that the price is making higher highs and higher lows. This pattern suggests a strong uptrend and potential for further gains. Bitcoin Correlation: NOTCOIN has shown a delayed response to Bitcoin's recent gains. This correlation often signals that NOTCOIN may catch up to the broader market rally, providing additional bullish sentiment. Strategic Entries and Profit Targets To capitalize on the bullish momentum, strategic entries have been made: First Entry: An entry was taken at $0.01691 with a profit target set at $0.0180. This target aligns with the ongoing uptrend and reflects a reasonable expectation of further price appreciation. Second Entry: In case of volatility and the first entry being stopped out, a second entry is planned at $0.01559. This strategy accounts for NOTCOIN's volatile nature and ensures a potential buying opportunity at a lower price point. Market Sentiment and Outlook The overall market sentiment for NOTCOIN is bullish, supported by both technical indicators and broader market trends. The delayed response to Bitcoin's gains suggests that NOTCOIN is poised for further upward movement, benefiting from the positive sentiment in the crypto space. Conclusion NOTCOIN's recent market performance highlights its bullish potential. The ascending wedge structure and strategic entries at $0.01691 and $0.01559 underscore the strength of the current uptrend. With a profit target set at $0.0180, traders can capitalize on the ongoing bullish momentum. As NOTCOIN continues to respond to broader market trends, it presents a compelling opportunity for both short-term traders and long-term investors.
Long
by TheLastLuftwaffe
The last bullish chance of NOTCOIN in short-term !!BINANCE:NOTUSDT 🔵We have a Bullish Structure here NOTUSDT formed a megaphone on 1D timeframe🤔 Up we go if we do breakout . ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
by CobraVanguard
Notcoin Price Under Pressure: What Traders Need to KnowBINANCE:NOTUSDT on the 4-hour chart presents an intriguing picture for traders and investors. Closing prices have been fluctuating between $0.01548 and $0.01585, indicating a relatively stable but slightly downward trend. This stability is mirrored in the technical indicators, which provide critical insights into the potential future movements of this cryptocurrency pair. Currently, NOT faces significant resistance at the $0.01596 mark, with further resistance levels at $0.01615 and $0.016314. On the downside, key support levels are identified at $0.01536, $0.015096, and $0.015084. These levels are crucial as they represent potential points where the price could either bounce back or continue its descent. The 9 EMA and 20 EMA values suggest a bearish crossover, with the 9 EMA consistently below the 20 EMA. This pattern often signals potential downward pressure on the price. MACD values further reinforce this bearish outlook, with the MACD line remaining below the signal line and the histogram showing negative values. This alignment indicates that bearish momentum is currently stronger than bullish momentum. Meanwhile, RSI levels have fluctuated between 44.15 and 49.03, hovering in the mid-range without signaling any extreme overbought or oversold conditions. An RSI below 50 typically suggests bearish sentiment, which aligns with the other indicators pointing towards potential downward movements. For traders looking to take long positions, an entry point around the lower support levels of $0.01536 or $0.015096 could be considered, anticipating a bounce back towards the resistance levels. Conversely, for those considering short positions, entering around the resistance levels of $0.01596 or $0.01615 might be prudent, with targets set towards the support levels. Given the current technical setup, the Notcoin price may experience further downward pressure, testing the lower support levels. However, if it manages to break through the resistance at $0.01596, a move towards higher resistance levels at $0.01615 or $0.016314 could be on the horizon. Traders should closely monitor these key levels and the behavior of the technical indicators for signs of a trend reversal or continuation. NOT's current technical indicators suggest a cautious outlook with a bearish bias. Traders should consider both support and resistance levels when planning their trades and remain vigilant for any significant changes in the indicators that could signal a shift in momentum.
by Ecoinimist
NOTCOIN Is Still In Consolidation Mode! Here's the game plan!NOT has constantly descended and consolidated after the rejection at the upper trendline. It even dived below the 0.16 level. However, the EMA200 should be a strong support and probably a level from which to bounce! Mid-term, I am convinced that NOT has some extraordinary potential. Nevertheless, it is essential to wait for NOT to smash two resistances: 1 — The resistance at 0.173. This one is crucial. I would not enter a trade if NOT didn't close above this level on a higher timeframe like the daily chart. 2 — The upper trendline is almost at the same level as the 0.173 resistance. Way Forward 👇 Once the broader market picks up some steam, I expect Notcoin to bounce from the current level and start a fresh attempt to battle the above-mentioned resistances. Once this has been cleared, I would (from my current point of view) go for a trade with three profit targets: 1 - ~0.20 2 - 0.24 3 - 0.30
Long
by ben_walther