NOTCOIN's $NOT surged 65%: What will happen next? 🤔
🔶 The story
Notcoin, a new cryptocurrencies, only started trading on May 16th, and has very little historical data, so it is extremely difficult to predict its future performance.
🔶 What's happening now
Looking at the chart, Notcoin is rising rapidly, and its value has soared by 65%. The Fibonacci retracement line says that there is a hard bone at $0.00169 - the resistance level. If Notcoin can gnaw on this hard bone, there will probably be more drama to watch later.
🔶 What do you think of the trend
Recently, a harmonic pattern has emerged, suggesting that Notcoin may touch the boundary between 0.0169 and 0.017. However, if it fails to hit this resistance level, it is possible to turn around and fall.
🔶 Trading strategy
If you think it can still rise, buy it before it reaches $0.0169! But if it can't break through this barrier, you have to think about whether it is time to sell it when it falls to $0.00915 to $0.01 to make some profit.
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