Technical Analysis of NOT/USDT Chart
Key Indicators
1. Parabolic SAR (SAR)
• SAR dots above the price indicate bearish momentum.
• A potential bullish reversal may occur if the SAR dots appear below the price.
2. Stochastic RSI
• Stochastic RSI is around 14, indicating oversold conditions.
• Potential buy signal if %K crosses above %D in the oversold region.
3. Moving Averages (MAs)
• MA5 (Yellow), MA10 (Purple)
• Price is below both MA5 and MA10, indicating short-term bearish sentiment.
• MA5 below MA10 confirms bearish momentum.
4. MACD (Moving Average Convergence Divergence)
• MACD line is below the signal line, indicating bearish momentum.
• Negative histogram values reinforce bearish sentiment.
• A crossover of the MACD line above the signal line would indicate a potential bullish reversal.
5. RSI (Relative Strength Index)
• RSI is around 32, indicating oversold conditions.
• An RSI below 30 suggests oversold conditions, while above 70 suggests overbought.
• Monitoring for a move above 50 could indicate a potential recovery.
6. Williams %R
• Williams %R is around -85, indicating oversold conditions.
• A move above -80 suggests a potential bullish reversal.
