NOTCOIN Bullish Wedge Pattern with $0.1 Target

NOTCOIN is currently consolidating within an extended flag-like structure or falling wedge pattern. The immediate accumulation zone marked on the chart represents a crucial area for potential buying opportunities. A significant bullish momentum is anticipated, which could lead to substantial buying pressure.

On the downside, a key demand area has been identified. This zone is considered optimal for accumulation if the price retraces to that level. We should be prepared to capitalize on any price dips to this area, as it presents a favorable risk-reward ratio.

The ultimate price target is projected at $0.1, suggesting considerable upside potential from current levels. This target aligns with the bullish outlook and the expected breakout from the current consolidation pattern.

As always, proper risk management is crucial when implementing trading decisions.

Trade active:

The setup break down so we should focus on the next demand area

Trade active:

Little relief ongoing