#not moving under very sharp strong bearish resistance line. open interest is growing. people probably trying to defeat double bottom. or maybe opening short position because -10% from here incoming . i am not touching it however soon will happens something due to open interest. funding is positive means probably move will be DOWN if it will break resistance then probably +5%instantly in one candle. and same if it will crush the support. NOTUSDT Perp 0.017579 -14.09% my analytics are free, however if it was helpful pls press tip below to support my channel ♥️
$NOT is currently experiencing significant downward momentum, with a 14% decrease causing concern among investors. While this decline is creating a sense of panic among buyers or it may also be viewed as a strategic buying opportunity for those looking to invest in $NOT at a lower entry point. Market sentiment suggests that this dip could allow investors to capitalize on potential future gains. Stay tuned for detailed analysis and professional insights on $NOT market dynamics. #Binance200M #TopCoinsJune2024 #BnbAth #ETHETFsApproved #FIT21
🚀 Could Litecoin Price Reach $120? Litecoin (LTC) has been trading within a specific price range over the past week, prompting speculation about a potential upward trend. Analysts suggest that if the current formation holds, LTC’s price could see a notable increase in the coming weeks. As of now, LTC maintains a stable position in the market, ranked 19th with a market cap of $5.9 billion and trading at $80.10. However, recent price declines have impacted market sentiment. 🔸 What Are the Latest Market Trends? Santiment data indicates that LTC’s weighted sentiment remains negative, despite a rise in social volume on June 7. Market analysts are divided, with some predicting stability while others foresee significant changes. World Of Charts, a well-known market analyst, recently pointed out that LTC’s price pattern suggests a potential rise to $120 in the coming weeks. This formation, which began in March, indicates consolidation. 🔸 Why Are Analysts Optimistic? On-chain data reveals several key points supporting the optimistic outlook for LTC. Whale activity around the cryptocurrency remains high, and LTC’s MVRV (Market Value to Realized Value) ratio is increasing, currently at 14.79%. These indicators suggest that larger investors are actively participating in the market, potentially driving prices higher. 🔸 Key Insights for Investors ● LTC’s current resistance level is $89.48; surpassing this could lead to a rise to $106 and then $120. ● A drop below the support level of $77.14 might result in new price lows. ● Monitoring whale activity and MVRV ratio can provide insight into potential price movements. ● The fear and greed index indicates a shift towards fear, currently at 40. These insights suggest that while there is potential for price increases, investors should be cautious of the critical support and resistance levels. Additionally, broader market sentiment and whale activity could play significant roles in determining LTC’s future price movements.
#not is holding strong again after the sudden fall which was triggered by the US unemployment news. Do not panic! If you entered late, hodl. Or set your stop loss according to what you can afford to lose. And buy back at a lower point. If you entered early dont sell at 0.02. Be patience, if it drops below 0.017 we might see drop further down to the 0.011 area. Those are the critical lines. This coin is by all analysis still bullish! If you invested long term, hold your coins. Altseason has barely begun. If you invest on a day to day basis set your stop loss accordingly. DYOR and learn how to read signals. $NOT to the moon 🚀🚀🚀