Technical analysis by MyCryptoParadise_Nathan about Symbol NOT: Buy recommendation (8/9/2024)

Yello, Paradisers! Could we be on the verge of a bullish breakout with NOTUSDT? 📈💎NOTUSDT has recently formed a classic falling wedge pattern, and we're also seeing a potential W pattern near the resistance zone. These formations are often precursors to a bullish move, but we need a confirmed candle close above the resistance zone to solidify this outlook.💎If we do see a breakout, the bullish momentum could carry us higher. However, if NOTUSDT pulls back instead, a bounce from the support zone is likely. That said, given the current bearish sentiment across the broader crypto market, it’s wise to approach with caution. Scalping with smaller targets (TGs) might be the best strategy here to protect your capital.💎Keep in mind, though, that a breakdown and candle close below the support zone will invalidate our bullish idea, signaling a potential continuation of the bearish trend.If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.MyCryptoParadiseiFeel the success🌴