NOT / TetherUSLong
NOTUSDT - BUY IDEA
Looking at the NOT/USDT pair on the 15-minute chart, I'm anticipating a strong bullish move. The market has just completed its corrective wave (4), which tested key Fibonacci levels, and is now poised to begin wave (5), which often brings a significant price rally.
My focus is on the potential targets for this upward movement. The first target is the 1.000 Fibonacci extension at 0.01141, followed by the 1.618 extension at 0.01176. These levels represent where I expect the price to reach as wave (5) unfolds.
This setup presents an excellent opportunity to enter a long position, aiming to capitalize on the anticipated continuation of the bullish trend. The recent pullback into wave (4) offers a strategic entry point with a favorable risk-to-reward ratio as the market gears up for what could be a strong push higher.
My focus is on the potential targets for this upward movement. The first target is the 1.000 Fibonacci extension at 0.01141, followed by the 1.618 extension at 0.01176. These levels represent where I expect the price to reach as wave (5) unfolds.
This setup presents an excellent opportunity to enter a long position, aiming to capitalize on the anticipated continuation of the bullish trend. The recent pullback into wave (4) offers a strategic entry point with a favorable risk-to-reward ratio as the market gears up for what could be a strong push higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.