💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing NOTCOIN on the 1-DAY timeframe timeframe .
👀 On the daily timeframe of Notcoin, we can see that Notcoin is one of Telegram’s well-known airdrops, and many Telegram users got familiar with Notcoin through it. On the daily chart, after its recent drop, the volume has decreased sharply, and we can consider the possibility of reduced selling pressure at this bottom since the price has taken on a compressed and accumulation phase. Regarding the zones, a quick note: because Notcoin was distributed as an airdrop, many of its users are considered as seller tickers.
⚙️ The key RSI zones for Notcoin are at 60 and 36. If the oscillator crosses these levels, Notcoin can experience a solid move. A box-like compression has formed inside the RSI, and breaking out of this compression could bring about a parabolic swing.
🕯 The volume of Notcoin, along with its reduced volatility, has decreased sharply and reached an accumulation stage. Once this accumulation phase ends, Notcoin can experience a good move. Note that the size and volume of red candles are increasing, so price action behavior can provide the best decision-making opportunity for taking trades.
🔔 The alert zone considered is the 0.002 area, which is set as the long trade alert zone. (A short clarification: price behavior in this zone doesn’t necessarily only mean a long position—it could also be a reversal. We trade based on probabilities.)
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .