In the last couple of trading session
The Not Crypto has given a breakout from a bullish pattern on the daily chart, known as a falling wedge. It has attained a bullish momentum in the last 3-days, which illustrates that buyers are trying their best to take over the price and are aiming to capture lost territories back from the sellers.
In the past structure, mainly from the swing high peak of $0.0290 by June 2nd, 2024, the NOT began to witness profit booking on its daily chart, which led to a 65% correction in the crypto.
In the last couple of trading sessions, the price has advanced by taking support at $0.0092. If the price keeps on surging, it could be $0.0216 and $0.0265 hurdles. While failing to rise, it could drop to lower levels and end the pattern. MACD has converged with the high anticipation of a bullish cross formation soon, and RSI has been recovering from oversold to overbought.
In the past structure, mainly from the swing high peak of $0.0290 by June 2nd, 2024, the NOT began to witness profit booking on its daily chart, which led to a 65% correction in the crypto.
In the last couple of trading sessions, the price has advanced by taking support at $0.0092. If the price keeps on surging, it could be $0.0216 and $0.0265 hurdles. While failing to rise, it could drop to lower levels and end the pattern. MACD has converged with the high anticipation of a bullish cross formation soon, and RSI has been recovering from oversold to overbought.
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