#ETHETFsApproved #BinanceLaunchpool #Notcoin👀🔥 #DownTrend #BEARISH📉
Yesterday, I posted an update about Notcoin's downtrend. Today, I have further insights to share. The reverse parabola indicates a breakout movement, signaling a massive downtrend. The liquidation charts reveal that many traders are short-selling Notcoin.
Technical Analysis
From a technical perspective, the Relative Strength Index (RSI) is displaying strong bearish signals, while the Moving Average Convergence Divergence (MACD) and 3-day Moving Average (3MA) are losing potential.
While it's essential to do your own research (DYOR),
Still oppertunity:
there may be an opportunity to sell Notcoin and short-sell to lock in profits.
