Notcoin(NOT) Analysis==>>Triangle

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Notcoin(NOT) is moving in the Heavy Resistance zone($0.0158_$0.0153) and broke the symmetric triangle's upper line and 100_SMA(4-hour TF) (with significant volume).

According to the theory of Elliott waves, it seems that we should wait for the next 5 impulse waves of Notcoin(NOT).

I expect Notcoin(NOT) to rise again, at least until the Monthly Pivot Point. If the Heavy Resistance zone($0.0158_$0.0153) is broken, we can wait for the Notcoin(NOT) pump.

Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.

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١٤ أغسطس ٢٠٢٤

تم حذف الأمر

The fall of Bitcoin (with high momentum) will change the scenario

١٥ أغسطس ٢٠٢٤

تم فتح الصفقة

According to Notcoin(NOT), an Inverse Head and Shoulders Pattern is forming near the support line.

I opened the position.

١٥ أغسطس ٢٠٢٤

ملاحظة

I transferred Stop loss(SL) to Entry Point(EP)=Risk Free