THIS PRICE ACTION IS NOW BEING DONE IN THE $NOT SCENARIO WE VISITED.
We have examined the potential NOT scenario, and with minor modifications, it has resulted in the bottom that we have displayed. This also demonstrates that NOT's movement is looking for a new, reliable major sponsor that will sustain it for the impending time.
Considering the recent rise in NOT due to the bounce that occurred. We managed to make a total profit of 21.84%, and we have some money left over to hold onto further positions. To make sure we have the best position in the market, we will also take this action in the event of a DCA opportunity.
examining the impulsive waves produced during the long-term downturn and short-term corrective. Additionally, the long-term corrective waves that were discovered are now present. This signals a long-term change in the market that will aim to reach a new peak. Given its huge value, this altcoin offers enormous long-term potential. Although there will continue to be skepticism about this altcoin's mood, it won't stop prospective purchasers who are prepared to take a chance on such cryptocurrencies. At its lower levels, we observe multiple attempts to lay foundations: 0.00489, 0.00520, 0.00546 and so forth. These efforts will provide as a solid basis for the upcoming rally and test of NOT's minor and main resistances. We might not see this altcoin falling below the aforementioned critical levels if there are a lot of demands placed on it. However, every buyer and seller's decision regarding NOT will be influenced by any other circumstances that can impact the sentiment of the cryptocurrency market as a whole. Therefore, the best course of action would be to wait patiently for everyone to react to the next development in the market.
AFTER BEING REJECTED, ARE YOU READY TO SET OFF OR ARE YOU STILL WAITING FOR THE BEST OPPORTUNITY?
Given its present market structure, $FTM ought to have begun the markup phase by now and is exhibiting symptoms of an overdue accumulation period. However, given the volatility of the cryptocurrency market, incidents like these are rather common. What comes next, then?
FTM found it difficult to overcome a number of small and large resistances that were established by the selloffs that followed the significant downturn. Since 2022 until now, numerous attempts have been made, which has caused these significant resistances to wane. The 1.10 key level has also been tried, and while it has proven to be a significant obstacle to overcome, we have seen it in action. There is a good chance that FTM will continue to erode this crucial level, and once strong buying pressure sets in, the breakout that everyone has been anticipating might occur during the markup phase of FTM. We're currently keeping a close eye on things and waiting patiently for the next effort to see if it results in a confirmed breakout.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.