NOT/USDT Perpetual Contract
Short
Updated

Notcoin (NOT): 2 Possible Scenarios / Bullish or Bearish ???

1 583
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
Note
snapshot
Notcoin is pressing down on EMAs, trying to exit the triangle pattern here.

As it is still early to say that we will see a breakdown, the odds are on the side of bears for now!
Note
snapshot
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 😉
Note
snapshot
Notcoin had made a good break of the triangle, resulting in a nice 42% market price movement.

🟢 IDEA WAS SUCCESSFUL

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.