The NOT/USDT chart reflects a potential bearish trend in the shorter time frame, reinforced by a descending wedge pattern. EMA ribbons remain compressed, signaling weak momentum. RSI hovers near the neutral zone, while the Stochastic RSI indicates overbought conditions, suggesting further downside pressure. However, in the longer time frame, the coin demonstrates potential for recovery, aligning with broader market sentiment. Therefore, NOT coin is bearish for the short term but maintains bullish potential for the long term.
The BTC Dominance (BTC.D) chart indicates a bearish pattern in the shorter time frame, supported by a bear flag formation. EMA ribbons are sloping downward, reflecting sustained bearish momentum. The RSI is below neutral, indicating weakening strength, while the Stochastic RSI remains oversold, signaling potential continuation of the downtrend. However, on a longer time frame, BTC dominance shows signs of consolidation, potentially setting up for a reversal. In summary, BTC dominance is bearish for the short term but holds bullish potential longer term.
The BTC.D chart suggests bearish sentiment in the shorter time frame, as indicated by the liquidation heatmap showing significant selling pressure. This aligns with a weaker market dominance trend. However, potential longer-term reversal remains possible with stabilization.
Trade Details:
Entry: Around 0.006099 ( Join my Binance live for premium crypto signals )
1st Tp: 0.008726
2nd Tp: 0.009505
3rd Tp : 0.010573
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