NWCUSDT Unique opportunity for +250% profit!
Welcome to my new analysis of NWCUSDT. The token doesn't just present a buy opportunity from a fundamental perspective, as every week new updates on the enhancement of its functionality emerge, but also from a technical perspective signals a green flag that we last saw in mid July 2021! But let's take things one at a time and look at both specters.
** Technical Analysis **
The NewsCrypto Coin has been trading within a Channel Down since its All Time High. Since November it has been on the bearish leg that is about to print the new Lower Low at the bottom of the Channel Down. This bearish leg is very similar to the one May - July 2021 correction both in price action and 1D CCI terms. It was the break of the 1D MA50 (blue trend-line) that effectively confirmed the rebound, so keep that in mind. The last Lower High after that bottom was priced on the 0.786 Fibonacci retracement level. Even if we set a lower, more modest target this time on the 0.618 Fibonacci around $0.700, it will still be almost +250% potential profit!
** Fundamental Analysis **
The good news don't stop on the technical outlook. The Newscrypto Team do their best to keep the platform at its best shape with new features added every week. In fact the release of the V3.0 APP update is coming in Q1 of 2022, which will offer three new data tracking Features:
🔹 Funding Rates
🔹 Liquidation Tracking
🔹 Exchange Balance
Also it was announced that their Academy Section will get expanded with Premium content soon, allowing learning in a more interactive way.
Bull or Bear, this is a unique buy opportunity on NWC towards at least $0.7000! Don't miss it!
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** Technical Analysis **
The NewsCrypto Coin has been trading within a Channel Down since its All Time High. Since November it has been on the bearish leg that is about to print the new Lower Low at the bottom of the Channel Down. This bearish leg is very similar to the one May - July 2021 correction both in price action and 1D CCI terms. It was the break of the 1D MA50 (blue trend-line) that effectively confirmed the rebound, so keep that in mind. The last Lower High after that bottom was priced on the 0.786 Fibonacci retracement level. Even if we set a lower, more modest target this time on the 0.618 Fibonacci around $0.700, it will still be almost +250% potential profit!
** Fundamental Analysis **
The good news don't stop on the technical outlook. The Newscrypto Team do their best to keep the platform at its best shape with new features added every week. In fact the release of the V3.0 APP update is coming in Q1 of 2022, which will offer three new data tracking Features:
🔹 Funding Rates
🔹 Liquidation Tracking
🔹 Exchange Balance
Also it was announced that their Academy Section will get expanded with Premium content soon, allowing learning in a more interactive way.
Bull or Bear, this is a unique buy opportunity on NWC towards at least $0.7000! Don't miss it!
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Please like, subscribe and share your ideas and charts with the community!
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💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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