Get started
NOT / TetherUS

NOTUSDT ( INSIDE DESCENDING CHANNEL ) (4H)

By ArinaKarayi
Updated
NOTUSDT

HELLO TRADERS

  • Tendency , the price inside two turning level at 0.013 & 0.015 .

  • TURNING LEVEL (1) : the price of this level at 0.015 , so if the price breaking this level reach a resistance level (1) .

  • TURNING LEVEL (2) : the price of this level at 0.013 , so if the price breaking this level reach a support level (1) .

  • RESISTANCE LEVEL (1) : this level around 0.017 , for reach this resistance level the price need breaking a turning level (1) .

  • RESISTANCE LEVEL (2) : around 0.020, for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)

  • SUPPORT LEVEL (1) : this level around 0.009, for reach this support level the price need breaking a turning level (2) .

  • SUPPORT LEVEL (2) : support level at 0.005 , for reach this level will be breaking by open 4h candle below support level (1) .

  • CORRECTIVE LEVEL : currently price 0.1353 , have two scenario , first corrective 0.15, before dropping to touch a 0.13 , then 0.009, second corrective 0.013 to reach a 0.015 , then breaking this level reach a resistance level (1).

TARGET LEVEL :
  1. RESISTANCE LEVEL : 0.017 , 0.020 ,
  2. SUPPORT LEVEL : 0.009 , 0.005 .
Trade active
Note
beware , breaking each turning level determine a direction
Trade active
snapshot

as long as the price trading below turning level it will be attempt to reach a support level (1)
Trade active
snapshot
Trade active
the price still continues dropping to reach a 0.010
Trade active
reached first target +400pip .
know if the price trade below support level (1) , it indicates dropping to reach 0.007 , then breaking this level reach a support level (2) , may be before to see this movement the price trying to retest turning level before dropping
Trade active
the price it will be attempt to reach a turning level before dropping
Trade active
snapshot
Trade active
price inside sensitive area .
Tendency , until the price trading below turning level fall the direction to reach of a support level (1) .
* if the price breaking turning level , indicates active the upward trading .
Trade active
still continues downward pressure .
Trade active
snapshot
Trade active
snapshot
rising +180 pip .
Chart PatternscryptolevelscryptomarketcryptonewsHarmonic PatternsnotcoinnotusdtnotusdtanalysisnotusdtideasupportandresistancezonesTrend Analysistrendtrading
ArinaKarayi

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.