🧧🧧Notcoin Price Prediction Indicators🧧🧧
Moving averages are among the most popular #NOTCOİN price prediction tools. As the name suggests, a moving average provides the average closing price for $NOT over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for NOT is a sum of NOT’s closing prices over the last 12 days which is then divided by 12. $NOT
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the NOT price moves above any of these averages, it is generally seen as a bullish sign for Notcoin. Conversely, a drop below an important moving average is usually a sign of weakness in the NOT market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the NOT price.
