Notcoin in Descending Channel: 50% Downside Risk to $0.0015

2月21日

Hello and greetings to all the crypto enthusiasts, ✌

In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Notcoin, 📚💡

The price is currently moving within a descending channel, with the possibility of this channel evolving into a parallel one. There are no notable support levels visible on the chart for Notcoin at this point. Key technical indicators suggest that the downward movement has largely played out, and several support levels above the current price have been broken. We may see a period of consolidation at this price level, but there remains a risk of an additional 50% decline towards 0.0015, with volume patterns in bearish candles potentially signaling further downside.📚🎇

🧨Our team's main opinion is:🧨
The price is in a descending channel with no clear support, and while indicators show the downtrend might be over, there’s a risk of a 50% drop to 0.0015, with bearish volume suggesting further decline.

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Cheers, Mad Whale. 🐋

2月22日

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