NOT Any Token!

5 Jun 2024

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 NOT has been overall bullish, trading above the rising trendline in blue.

Currently, NOT is undergoing a correction phase within the falling red channel.

Moreover, it is retesting strong demand zone marked in green.

🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand zone and lower blue trendline acting as a non-horizontal support.

📚 As per my trading style:
As #NOT approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

6 Jun 2024

Nota

A new major high is formed marked in orange.



for the bulls to take over and start the next impulse, a break above it is required.