NOTCOIN Bullish Wedge Pattern with $0.1 Target

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NOTCOIN is currently consolidating within an extended flag-like structure or falling wedge pattern. The immediate accumulation zone marked on the chart represents a crucial area for potential buying opportunities. A significant bullish momentum is anticipated, which could lead to substantial buying pressure.

On the downside, a key demand area has been identified. This zone is considered optimal for accumulation if the price retraces to that level. We should be prepared to capitalize on any price dips to this area, as it presents a favorable risk-reward ratio.

The ultimate price target is projected at $0.1, suggesting considerable upside potential from current levels. This target aligns with the bullish outlook and the expected breakout from the current consolidation pattern.

As always, proper risk management is crucial when implementing trading decisions.

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The setup break down so we should focus on the next demand area

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Little relief ongoing

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If price break above the immediate resistance level will make NOTcoin very bullish, we should keep an eyes on it.

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Price approaches important resistance zone, we need to study the PA carefully for further trading decision.

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NOTcoin experienced significant losses following news of the Telegram owner's arrest, driving the price down to our long-term accumulation zone.

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We are at good accumulation zone, this worth keeping an eyes on.

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We are holding NOT firm, waiting for the pump.