NOTCoin → Pullback after a false breakdown. When is it going up?

2024年8月15日

NOTUSDT on the background of the rally ( together with TON ) strengthens and updates the maximum 0.0129, thus forming a retest of the wedge resistance. The attempt is unsuccessful, the reaction is a pullback to the liquidity zone.



Fundamentally interesting project in the medium and long term can still show good growth, but for this developers need to try. The prospects of Notcoin will depend on the innovations developed by the project, its marketing strategy and the state of the overall cryptocurrency market.
Technically, a false breakdown of the wedge resistance is forming amid bitcoin's decline. The price may test the liquidity area of 0.0105 and then a retest of the resistance may follow. I do not exclude the fact that the support may be broken without any corresponding reaction, in this case we will wait for a retest of trend support.

Resistance levels: 0.1294
Support levels: 0.01053, 0.00912

Accordingly, any breakout and consolidation of the price above the wedge resistance will be a strong signal for further rally. As long as the price has not left the range, it is worth considering trading inside this pattern.

Rate, share your opinion and questions, let's discuss what's going on with ★ NOTUSDT ;)

Regards R. Linda!

2024年8月15日

交易進行

Attempt to rebound from key support

2024年8月16日

交易進行

Consolidation above 0.01
“Not” moves on the market, following BTC