NOT on today's market growth is growing along with other altcoins. But he started his run the other day, a little earlier.
Our spot deal, opened on July 5, is now at +59.74%. Stop, as already written, is at breakeven.
The price is now testing the 0.5 Fibonacci level of the entire increase from May 26 to June 2. Important point.
The picture looks bullish:
- The correction that was outlined yesterday on the four-hour time frame was broken. And the structure of the candles there, as on the daily basis, is also ascending. But we need to break the bearish divergence in the RSI.
- The price maintains (and is just beginning) the bullish candlestick structure on the daily TF.
- The price is held at the support of the EMA of the 50 day TF.
- RSI of the daily TF is above 50, in the bullish zone.
- There is a chance of a bullish crossover of the signal line on the daily MACD.
In the most bullish scenario, which we are still waiting for, growth throughout the week and until July 14-15, with an update of ATH. And the new ATH will definitely be a priority for us, even if the ascending structure on the day gets broken in the process, but the candles will close above the EMA of the 50 day TF ($0.01384 today).
On the daily basis, the asset’s trend reversal indicator according to DeMark shows itself well. After the signal on June 24, it gave me the opportunity to enter and place a stop. And on July 6 it gave a signal for a reversal even before the start of growth on that day. Therefore, when selling, we will focus on the appearance of the “Expensive” signal on the daily time frame.
$NOT
