#Notcoin #NOT #NOTUSDT This is a pretty interesting chart and the signals I am about to show you because it has been a long time in the making. Notcoin.
The market bottom happened in October no doubt, so it is now almost two months since the bottom came in right? Notice there are not even two consecutive green weeks since July. Brutal. Truly bearish but it is already over. The market was testing us of course. What are the results?
Last week NOTUSDT produced an inverted hammer. We already know this signal and it is a reversal signal. This inverted hammer comes as a higher low. The interesting signal comes this week because it seals the deal. It is done.
So even though last week the market said we are bullish this week started red. You see a long lower wick on this week's candle. But, the action recovered and we are now full green and at the top of the session. A full recovery and a very strong bullish signal. The first time two weeks will close green since late July, after the hammer. The bulls are in.
In short: The bearish bias is over. The bearish cycle ended last month with the market flush. The higher low is already part of the bullish cycle. Ok, technicalities do not matter for a human being seeing prices going down rather than up. No more technicalities.
Any type of bearish action is over and this chart is saying UP!
Trading volume can be seen rising but only on the daily timeframe. On this front it is still early. We have two green weeks and we can expect maximum growth for years to come.
After 3-5 months, there will be a strong correction lasting several months. This correction will result in a higher low followed by additional growth. So, we get a strong bullish wave now, the start of the bullish cycle for this project. This is a long-term process.
Just as a bearish cycle can produce new all-time lows, a bullish cycle can produce new all-time highs. Notcoin is going to the moon next. It is already confirmed based on the higher low, 'HL' on the chart.
Thank you for reading.
Your patience in these hard times is highly appreciate. Patience is needed no more. The market is set to grow. Bullish altcoins.
Namaste.
✅ Trade here on
$NOT