And again NOT, and again a setup for a big move

And again NOT, and again a setup for a big move.

The "favorite" token of lazy haters who didn't want to log into a bot a couple of times a day and end up with a couple of hundred or even a couple of thousand dollars. And now all they want to calm their FOMO is for the token to scam. On Binance Square, this cohort, interestingly, is the most aggressive 😁

But - still no way. On August 5-6, after the correction and update of the low on July 5, the token showed growth of +47%. This, of course, is from the low, where only a few people bought.

Our story with an attempt to catch the#NOTlow in the second correction wave (and, within its framework, the low of wave C) in order to enter the asset in time before large movements - so far with minuses. Three transactions, the first was knocked out by a stop at -14.19%, the second was closed at breakeven after a paper profit of about +70%. The third was knocked out at -13.6%. And - these are still small losses considering the expected growth.

The wave structure has been rewritten.

The low of wave 4 and ABC correction is set to attack on August 5. Potential pGiP is invalidated, but now there is a "Double Bottom" with the start of development upon breaking through the volume level of $0.01741 and the target in the region of $0.02524. We expect that this will be the high of local wave 3. Now the price is locally in wave 1. And it would be logical to see its correction from the EMA of the 50-day TF (currently at $0.01366) or from the volume level of $0.01427.

We plan to open a spot deal today or tomorrow. On the daily TF, the candlestick structure is ascending, but on the four-hour TF, a descending structure has emerged with a target in the area of ​​the volume level of $0.01040. And this will be acceptable even within the first wave.

Our pending order is placed at $0.01073. This is around the 0.5 Fibonacci level of the growth from the August 5 low. With a shorter stop at $0.00982, -8.48%.

BUT if today the descending structure is broken and the price holds EMA 50 of the four-hour TF - we will remove the order and buy for 50% of the allocated deposit at +/- the current rate. And we will hold the rest on the low of wave 2. In any case, we will follow the opening of the transaction in manual mode. And when opening a stop at the first adequate opportunity, we will put it at breakeven.