Potential Continuation of Hype
The hype around NOTUSD may continue. Three factors suggest a possible reversal and further growth.
Contents
Reversal Pattern
The wedge model is a reversal pattern. A breakout signals a long entry.
![](https://i0.wp.com/coinfactiva.com/wp-content/uploads/2024/06/image-54.png?resize=1024%2C541&ssl=1)
Double Divergence
There is a double divergence: first between indicators A and B, then between indicators C and D.
Schiff Pitchfork Break
Exiting the Schiff Pitchfork indicates weakness in the current trend and confirms a reversal.
Target Levels
If the reversal happens, the next targets are 0.0280 and 0.0374.