-New All-Time High is now confirmed for Newscrypto coin -On Kucoin exchange, the previous price peak is at 2000 sat -Today, a Bull flag breakout breaks the psychological resistance -What do we expect during an ATH? -First thing, there is no strong resistance up ahead -Price discovery is the most scenario will happen in the next few days -How high can it go? It will all depend on how the overall demand will enter the market -It is hard to predict the top or the bottom of a certain asset -But we can use the reverse Fib extension to potentially look for certain resistance areas -psychological numbers also can be minor resistances like 2100,2200,2300, etc. -If you are a breakout trader or momentum style analysis -You should already start scaling in positions during its strong candle today -If you missed this break, you can wait for a pullback entry -There will always be an opportunity in the market -Update new post once I see new developments
Fundamental News
-NWC Coin Wallet "Store, receive and send NWC using Newscrypto wallet. The staking option will be added early November."
-Wallet Staking "Wallet staking option will be available soon after the launch! Official release: 25/9/2020 (or earlier)"
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.