Looking at Notcoin, we have lower lows and lower highs... This is implicit in a descending channel.
We've been around today, so let's get to it!
➖ Since the 2-June peak/ATH, NOTUSDT has been dropping on a major correction. This pattern is set to continue for as long as the cryptocurrency market remains bearish.
➖ This means that Notcoin can continue lower for a few more weeks or months. When the market bottoms, Notcoin will also hit bottom. Once the bottom is in, we can expect a medium-sized accumulation phase, followed by a very strong bullish wave.
It needs more time before this looks good for a buy; regardless of the fundamentals.
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