Buy it when it drops
See original
LIVE--
Bearish
LIVEMrTeeOG
--
$NOT not coming slow.
Let's break down the analysis of the NOT/USDT perpetual contract chart step by step:
### 1. **Price and Volume Data**
- **Current Price:** $0.020116, up 19.45% in the last 24 hours.
- **24h High:** $0.021636
- **24h Low:** $0.016800
- **24h Volume (NOT):** 84.93B
- **24h Volume (USDT):** 1.64B
### 2. **Candlestick Chart and Indicators**
- **Timeframe:** 15 minutes
- **Bollinger Bands (BOLL):** The current price is near the upper Bollinger Band ($0.021260), suggesting potential overbought conditions.
- **Upper Band (UP):** 0.021260
- **Middle Band (MB):** 0.020502
- **Lower Band (DN):** 0.019624
### 3. **Moving Averages (MA)**
- **MA(5):** Yellow line, suggesting a short-term trend.
- **MA(10):** Purple line, representing a slightly longer trend.
- The moving averages indicate an uptrend as the shorter-term MAs are above the longer-term MAs.
### 4. **MACD (Moving Average Convergence Divergence)**
- **DIF:** 0.000181
- **DEA:** 0.000323
- **MACD Histogram:** -0.000142
- The MACD line is above the signal line (DEA), indicating bullish momentum, but the histogram shows decreasing momentum.
### 5. **RSI (Relative Strength Index)**
- **RSI(14):** 61.67
- The RSI is below the overbought threshold (70), indicating there is still room for upward movement before reaching overbought conditions.
### 6. **Volume Analysis**
- **Volume Spikes:** Significant volume spikes coincide with price increases, indicating strong buying interest during those periods.
### 7. **Order Book Sentiment**
- **Bid vs. Ask:** 39.22% bids vs. 60.78% asks
- The order book shows more sell orders than buy orders, which might indicate selling pressure if those orders get filled.
### Conclusion
- **Bullish Indicators:** The price is above the middle Bollinger Band and key moving averages, suggesting a continued uptrend.
- **Bearish Indicators:** High volume combined with a large number of asks and a slight decrease in MACD momentum could signal a potential pullback.
- **Actionable Insight:** If you're holding this asset, it might be wise to set a tight stop-loss
Let's break down the analysis of the NOT/USDT perpetual contract chart step by step:
### 1. **Price and Volume Data**
- **Current Price:** $0.020116, up 19.45% in the last 24 hours.
- **24h High:** $0.021636
- **24h Low:** $0.016800
- **24h Volume (NOT):** 84.93B
- **24h Volume (USDT):** 1.64B
### 2. **Candlestick Chart and Indicators**
- **Timeframe:** 15 minutes
- **Bollinger Bands (BOLL):** The current price is near the upper Bollinger Band ($0.021260), suggesting potential overbought conditions.
- **Upper Band (UP):** 0.021260
- **Middle Band (MB):** 0.020502
- **Lower Band (DN):** 0.019624
### 3. **Moving Averages (MA)**
- **MA(5):** Yellow line, suggesting a short-term trend.
- **MA(10):** Purple line, representing a slightly longer trend.
- The moving averages indicate an uptrend as the shorter-term MAs are above the longer-term MAs.
### 4. **MACD (Moving Average Convergence Divergence)**
- **DIF:** 0.000181
- **DEA:** 0.000323
- **MACD Histogram:** -0.000142
- The MACD line is above the signal line (DEA), indicating bullish momentum, but the histogram shows decreasing momentum.
### 5. **RSI (Relative Strength Index)**
- **RSI(14):** 61.67
- The RSI is below the overbought threshold (70), indicating there is still room for upward movement before reaching overbought conditions.
### 6. **Volume Analysis**
- **Volume Spikes:** Significant volume spikes coincide with price increases, indicating strong buying interest during those periods.
### 7. **Order Book Sentiment**
- **Bid vs. Ask:** 39.22% bids vs. 60.78% asks
- The order book shows more sell orders than buy orders, which might indicate selling pressure if those orders get filled.
### Conclusion
- **Bullish Indicators:** The price is above the middle Bollinger Band and key moving averages, suggesting a continued uptrend.
- **Bearish Indicators:** High volume combined with a large number of asks and a slight decrease in MACD momentum could signal a potential pullback.
- **Actionable Insight:** If you're holding this asset, it might be wise to set a tight stop-loss
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
