#Notcoin Detailed Analysis about
Sure, let's start the analysis:
1. Price Movements
- The price showed a significant increase in mid-June.
- Then, the price gradually decreased, forming a descending triangle pattern.
- In mid-July, the price started to rise again and approached a horizontal resistance level. $NOT
2. Patterns
- The price moved within a descending triangle pattern, which generally indicates a bearish trend.
- However, it seems the price has broken out of the triangle and initiated an upward movement.
3. Support and Resistance Levels
- Support level: There is a clear support around the 0.01000 level.
- Resistance levels: 0.02000, 0.02500, 0.03000, and 0.04000 levels are marked as resistance.
4. Technical Indicators
- Daily price changes indicate the beginning of a bullish trend.
- A 9.58% increase shows strong buying pressure.
