NOTCOIN (NOTUSDT) : Elliott Wave Analysis and Scenarios
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In the NOTCOIN (NOTUSDT) digital currency, a **5-wave Elliott pattern** is forming. So far, **Waves 1, 2, and 3** have completed. Two possible scenarios can be expected for the next price moves.
- Scenario 1 : Impulse Wave
We anticipate the formation of **Wave 5**, with a first target at **0.0086**. The stop-loss for this scenario can be placed at **0.007717**. The pattern remains valid unless **Wave 4** closes below **Wave 1**.
- Scenario 2 : Zigzag Correction
In this alternative, if the price breaks below the specified level, a **3-wave zigzag** correction could unfold.
Key Levels:
- Target : 0.0086
- Stop-loss : 0.007717
Conclusion :
Both scenarios suggest key opportunities for NOTCOIN. Keep an eye on the development of **Wave 5** or potential zigzag correction for optimal trade setups.