#NOT ANALYSIS AND TRADING PLAN WITH STRATEGIES!
The recent #NOT trade that we took has provided us 4.01%, 7.52% & 6.59% profit. If you take into account the next level of NOT, we can possibly earn more than 10%-20% as a potential swing trade. Right now, let me tell you the secret as to how we can take advantage of downward swings of NOT. Use the RSI tool and check the current condition of the market demand and supply for NOT. Since you can see the RSI getting closer to 60 and 70 in its hourly timeframe, you will have the overall idea that this token is getting closer to its overbought status. Now, you may have an estimate of around 0.0081-0.0096 as the price range with most sell orders awaiting in its momentary market situation. After, check the daily timeframe and verify whether you could see around 30-40 RSI. This will give you an overall outlook in the higher aspect of NOT. As this token gets closer to being oversold, you will gain more insights to purchase this at a discounted rate and as well as take some scalps/daily trades. Calculate the areas where most stop losses of those who are too hasty taking their longs are. For example, if most traders enter a trade at and set a stop loss at 0.00712, you may then set your entry at 0.00712. These are just sample entries and you can also add more confluences by checking with other strategies that you may have.
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.
