Notcoin Price Forecast: Will NOT Surge Past Resistance?In the latest 4-hour chart analysis of BINANCE:NOTUSDT , recent action showcases a mixture of cautious optimism and potential bullish momentum. Closing prices reveal a fluctuating trend with the latest price closing at $0.01176. This movement around the current levels suggests that traders are keeping a keen eye on significant support and resistance zones to determine the next direction.
The Notcoin price is currently facing resistance at $0.012908, with additional resistance levels observed at $0.01325 and $0.01388. The Notcoin price needs to break these barriers to confirm a sustained upward trend. On the downside, immediate support lies at $0.011665, followed by more substantial support levels at $0.01065 and $0.00939. Traders should monitor these levels closely, as a breach below the support could signal further declines.
Examining the 9 EMA and 20 EMA, a steady alignment can be seen, with the 9 EMA slightly above the 20 EMA, indicating a short-term bullish trend. This alignment is often considered a positive signal for traders looking to enter long positions. Additionally, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line moving above the signal line and the histogram maintaining positive values. This development suggests increasing bullish momentum and potential upward price action.
The Relative Strength Index (RSI) fluctuates around the mid-50s to 60s range, currently at 54.97. An RSI above 50 typically indicates bullish momentum, but the values close to the neutral zone suggest caution. Traders should watch for RSI movements above 70, indicating overbought conditions, or below 30, suggesting oversold conditions.
For traders looking to enter long positions, a break above the $0.012908 resistance level could be a potential entry point, with targets set at $0.01325 and $0.01388. Conversely, short traders might consider entering if the price falls below the $0.011665 support, targeting the $0.01065 and $0.00939 levels for potential exits.
NOTUSDT trade ideas
NOTUSDT(Notcoin) Updated till 07-08-24NOTUSDT(Notcoin) Daily timeframe range. PA is fairly new so there are lots of opportunity here from both sides. even tho market had trouble, the range played out well. now it did retraced from 0.00932 thats local low. trying to get to 0.01291 thats recent resistance.
NOTCOIN→ just a hunt candle!hello guys...
let's analyze NOTCOIN!
1. Descending Wedge Pattern:
- The chart shows a descending wedge pattern, which typically indicates a potential bullish reversal.
- The price has been consistently making lower highs and lower lows, but it is approaching the wedge's bottom line, suggesting a possible breakout if buying pressure increases.
2. Support and Resistance:
- Support (Hunt Area): The price recently touched the bottom of the wedge and the labeled "hunt area," which indicates a potential support zone where buyers might step in.
- Resistance (Gray Area): The price is approaching a resistance zone marked in gray. A close above this area could trigger a move higher toward the top line of the wedge, around the $0.0145 level.
3. Potential Scenario:
- If the price closes above the gray resistance area, it could move upwards, testing the top line of the wedge.
- If the price fails to close above this area, it might continue to trade within the wedge or test the support levels again.
4. Bullish Outlook:
- A breakout above the top line of the wedge would be a strong bullish signal, potentially leading to a significant upward move.
Summary:
- Watch the Gray Area: A close above this could signal further gains.
- Potential Breakout: A break above the top line of the wedge could confirm a bullish reversal.
- Downside Risk: If resistance holds, the price may continue consolidating or retest lower support levels.
Keep an eye on the volume and market sentiment for more confirmation.
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(Update) !!!Hi.
🔵We have a Bullish Structure here
NOTUSDT formed a falling wedge on 1D timeframe🤔
Up we go if we do breakout . The price is at the bottom of the channel and also in the wedge, these pressures will eventually make the price rise.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
This is just the beginning...On the daily timeframe we see a death cross, and also a triple top has finished forming, first I’m waiting for it to work out at 0.013, but I also think that the fall will not stop there, perhaps with quite strong rebounds, but still the fall will continue at least until 0.008
In the premarket before the release there was speculative interest, as well as quite a lot of promotional awards from various exchanges, but what about at the moment? Nothing will attract new players, the developers never had any real plans for the future, they created a precedent, thank them for that, but nothing more, there is no need to make a sect out of it. There is blind faith among the community of this coin, you cannot say anything bad, otherwise they will throw tomatoes at you, please think soberly. Definitely don’t expect any new peaks in the next couple of months.
Notcoin (NOT): 2 Possible Scenarios / Bullish or Bearish ???Notcoin looks interesting where the price is forming a smaller bullish triangle pattern here while being slightly above 200 EMA.
So here we are with 2 possible scenarios, where one includes breaking the EMAs and the second includes breaking out of the upper resistance.
As of now, we need to wait for further confirmations for any of those scenarios so keep an eye out!
Swallow Team
Long position on NOTUSDT 30Min/ Volume PredictionBINANCE:NOTUSDT
OKX:NOTUSDT
SL2 ---> Mid-risk status: 5x-8x Leverage
SL1 ---> Low-risk status: 3x-4x Leverage
⚡️TP:
0.0115
0.01169
0.01184
0.01204
0.01225
0.01255
0.01285(In Optimistic Scenario)
➡️SL:
0.01064
0.01028
The Alternate scenario:
If the price stabilize below the trigger zone, the setup will be cancelled.
Price reboundTON is currently in a triangular pattern, signaling a balance between buying and selling pressures. This pattern is often considered a precursor to the continuation of the previous trend or a trend reversal.
Support Range:
TON is approaching the identified support range. This support range acts as a crucial point to prevent further price declines and can provide the basis for a price rebound and the start of an upward move.
Resistance Levels:
If the price rebounds from the support range, the key resistance levels are at $0.013 and $0.014. These levels can be considered price targets for an upward move.
Keep TON on your watchlist.
NOTUSDT: For now sell only ! Dear Traders,
We have been closely monitoring the NOTUSDT charts and the current trend is concerning. The absence of bullish momentum is a cause for concern and it appears that the downward movement may continue. There are several key indicators that I am closely monitoring for any sign of a reversal. Until then, caution is advised when trading this pair. It is essential to conduct thorough research and consider your own risk tolerance before making any trading decisions. Furthermore, the recent economic data also may not support crypto currency to continue dominating in bullish pattern like it did since the beginning of the year. If the price do drop to our level it will be an excellent opportunity to buy swing. So we wish you all the best in trading and also do a proper research before taking any entries.
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NOTCOIN Bullish Movement: Heading Towards $0.01300Analysis:
Following recent market developments, NOTCOIN is showing signs of bullish movement. The price is moving towards the $0.01300 region, indicating the formation of the first wave of the bullish Luftwaffe pattern.
Key Points:
Market Developments: Recent market developments have sparked renewed interest and confidence in NOTCOIN, leading to increased buying pressure.
NFP Impact: The Non-Farm Payroll (NFP) report released today significantly affected the market. As a result, we observed a Bitcoin price drop, which caused traders to panic sell across the crypto market. Despite this, NOTCOIN is demonstrating resilience and is forming the first wave of a bullish Luftwaffe pattern.
Support Level: The $0.01100 region has shown strong support, acting as a solid foundation for the current upward movement.
Target: Based on current market momentum and technical indicators, the next significant resistance level appears to be around $0.01300.
Technical Indicators:
Luftwaffe Pattern Formation: The first wave of the bullish Luftwaffe pattern is forming, indicating a potential strong upward movement.
Moving Averages: The 50-day and 200-day moving averages are converging, indicating potential for a bullish crossover.
Relative Strength Index (RSI): Currently trending upwards, suggesting increasing buying momentum.
Volume: There has been a noticeable uptick in trading volume, supporting the bullish outlook.
Conclusion:
With the support at $0.01100 holding strong and the market reacting positively to recent developments, NOTCOIN is poised for a move towards $0.01300. The market's response to the NFP report, causing a Bitcoin price drop and subsequent panic selling, adds an extra layer of volatility to monitor. The formation of the first wave of the bullish Luftwaffe pattern suggests a promising upward trend. Traders should watch for potential pullbacks and confirm the uptrend with volume and momentum indicators.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
Notcoin (NOT): Waiting For Breakdown / Final Confirmation!Notcoin is looking interesting after breaking the branch of EMAs, where price is now possibly heading towards lower zone (to close the CME GAP).
As of now, we are looking for final confirmation here but there are high chances of see the breakdown from there, As soon as we see it, we will be looking for short 😉
Swallow Team