NWCUSDT 4H Golden Cross leading it to $0.20!Following the very accurate short-term buy signal we gave on NWCUSDT last week (see chart below), it is perhaps the most appropriate time to update our view as not only is the price technically testing the 1D MA100 (green trend-line) after a completion today of a 4H Golden Cross, but also fundamentally there are strong news empowering the project:
** Technical Analysis **
NWC easily hit our 0.073350 short-term target, offering a solid +25% profit since last week's analysis. As mentioned, it is ahead of a critical 1D MA100 test but the most important technical development is the completion of a 4H Golden Cross, which is the 4H MA50 (blue trend-line) crossing above the 4H MA200 (orange trend-line) for the first time since March 24.
As you can see on the chart, the 4H MA50 has been supporting since August 03 and that has created a Rising Wedge pattern. A break above this pattern will immediately be a break above both the 0.382 Fibonacci level as well as the key Resistance of the 1D MA100. That will be the best confirmation to buy and we will target 0.11000 (0.618 Fibonacci level) and in extension 0.2000 (previous market High and current long-term Resistance).
Any pull-back after that break-out will be a buy opportunity, as the price never looked back following the last 4H Golden Cross on its way to $0.2000.
** Fundamental Analysis **
From a fundamentals perspective, the latest news evolve around the Mercury Trade platform, the prestigious program which is adding high value to NWC. Mercury's burning event along with the $10,000 trading challenge are among the news dominating the market with specific mention also to AI updates on AI bots. In our opinion, these are strong and sure steps to the right direction for the project as a whole as the team is taking good care of assuring investors that NWC is on the right path with regards to a safe, sustainable and profitable future.
** Conclusion **
The market is giving all the right signs that a +170% is being staged and the confirmation signal will come upon breaking the 1D MA100. We have already called our target $0.20 weeks back and our perspective is unchanged. There is no better time to buy NWC than now as the price is still low.
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Newscryptocoin
NWCUSDT Excellent buy opportunity for quick +25% profit!!The NewsCrypto coin (NWCUSDT) is having a strong day so far making an attempt at the 1D MA50 (blue trend-line). The project has overall huge upside potential and our thesis is that it's a long-term investment. Regardless of the long-term, the solid latest fundamentals, call for an immediate buy, and potentially a +25% rise from the current levels. Let's have a look at both the technical and fundamental aspects of NWC.
** Technical Analysis **
As mentioned the price is making a run on the 1D MA50 today, a trend-line that has been intact since June 23, which is at the top of the mid-April Channel Down. As you can see, there is a high degree of symmetry between the current Channel Down and the one from August 24 - December 29 2022. Both had a 1D MA50/100 Bearish Cross and both fit inside a giant Rectangle pattern and with the help of the Fibonacci retracement lines, we can identify which level of symmetry we are at.
At the moment the price has hit the final Symmetrical Support Zone (green) before the bottom of the Rectangle (Support 1) and technically we should see a short-term (at least) rebound towards the 1D MA100 (green trend-line). That is an important Resistance, which on the previous Channel Down had three clear rejections. It appears that only a 1D candle close above the 0.382 Fibonacci level, accumulates high probabilities of delivering the next big rally near $0.20.
** Fundamental Analysis **
NWC isn't new to the crypto world. As mentioned its future is bright but so is its history, which since 2019 has offered amazing partnerships (Kucoin, Polygon, Travala, Gate, MultiversX, Chainlink to name a few), burned millions of NWC, made great developments on its app, entered the AI sector and eventually named no 1 educational crypto project according to Coinmarketcap.
It is in our opinion the latest 2023 developments (84M tokens locked which is1/3 of total supply, $1m in airdrops and new partnerships) that have caught the eyes of the general public and investors. The have announced that there is a new huge partnership on the horizon and I am not mentioning their MercuryTrade project that is shaking some ground already after its launch!
** Conclusion **
It is more than obvious that these strong fundamentals can be the drive behind the next rally on NWC. For the time being, the technicals are giving a strong short-term buy alert with profit potential of +25% from the current price! We are long, strong and targeting 0.073350 (potential contact with the 1D MA100 below the 0.382 Fib).
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NWCUSDT Triangle's accumulation sets 0.2500 target upon breakoutOne of our top gems, the Newscryptocoin (NWCUSDT) is flashing the last early buy signal before a break-out that will lead to an April like rally. It is not just its huge upside potential and our thesis as a long-term investment but the solid latest fundamentals, call for an immediate buy, and potentially a +150% rise from the current levels. But let's take if from the top and have a look at both the technical and fundamental aspect surrounding NWC.
** Technical Analysis **
As you see, NWCUSDT has been trading inside a long-term Ascending Triangle since the March 10 market bottom. It's last Low was formed exactly on the 1W MA50 (yellow trend-line), the former Resistance of the Bear Cycle and what should now be treated as a Support.
Since that Higher Low, it entered into a short-term Triangle. With the price already twice above the 4H MA200 (orange trend-line), once the Triangle breaks, we expect an aggressive rally first to 0.19850 (Resistance 1) and if we get a closing above it, then extend to the 1W MA100 (red trend-line). Current estimates show potential contact with the 1W MA100 at 0.25000, so that's our medium-term Target.
Notice how the 1D RSI has been rising on Higher Lows, similar to the first Low of the Ascending Triangle. On both Lows, the 1D RSI rebounded around the 36.00 level.
** Fundamental Analysis **
The incredible news for NWC don't stop there. The team just revealed moments ago the first part of the New and Improved ROADMAP! This is Day 1 out of 14 and they revealed:
1. Partnerships with major exchanges, already signed and confirmed!
2. Offline and online educational programs. Doubling down on our efforts!
We such encouraging news early on, we can't imagine what NWC has in store for us in the next 2 weeks.
** Conclusion **
All this forms a very bullish mix of technicals and fundamentals that make the 1W MA100 test at 0.2500 a very plausible target on the short-term. We won't stop there and as long-term investors ourselves, will hold this gem for levels even much higher than $1.00. Stay tuned as we will be analyzing NWC's journey frequently!
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NWCUSDT Inside the Buy Zone, can give +200% PROFIT from here!The Newscryptocoin (NWCUSDT) is a hidden gem. Not only does it have a huge upside potential as a long-term investment to buy and hold over the years but even on the shorter term, it displays technical attributes, which mixed with the latest core fundamentals, call for a +200% rise!
** Technical Analysis **
Let's begin with the technical analysis on the 1D time-frame. As you see, the price rebounded after hitting the 1W MA50 (yellow trend-line), which has been the Resistance during the 2022 Bear Cycle since November 26 2021. Technically, that is the long-term Support during uptrends.
By doing so, it held the (green) Buy Zone made by the Higher Lows trend-line, which spearheaded the April rally. The 1D MA200 (orange trend-line) is just below to support if needed but the real test is the 1D MA50 (blue trend-line) where yesterday's strong spike stopped. A closing of a 1D candle above it, gives the technical bullish confirmation for a new rally.
The obvious target is Resistance 1 (0.198550) but we expect the buying accumulation to lead to a Higher high and the final MA barrier, the 1W MA100 (red trend-line). Our target is therefore $0.28000, which represents a +200% profit from the current levels!
** Fundamental Analysis **
The good news for NWC don't stop there. On April 14, NewsCrypto entered into a journey of 100 days, starting a $1000000 airdrop campaign, which will last 100 days (April 14 to July 23).
But this is not just an airdrop campaign. As I said they entered into 100 days of journey, where they will announce the biggest development updates, new products and partnerships until now! In the 4 week period (since the start of the airdrop) they have already announced:
- Team wallet locked until 2028. This is an announcement that shows their team and project is here to stay for the long term. Being live since 2019 and been working since then, it did not stop in the bear market, but rather continued building and developing.
- First burn in 2023 - burned 1M NWC tokens!
- Second burn in 2023 - again burned 1M NWC tokens!
This is just the beginning and the most important news are yet to come! Rumor has it that new products will be announced, a lot of partnerships with established crypto companies and more! You can find all about those announcement on their website and twitter page.
** Conclusion **
As you realize from both the Technical and Fundamentals aspects, the NWCUSDT is poised for a wild ride this summer. It is one of our top crypto gems and objectively by the end of the year it can eye $1.00. Long term holders will be greatly rewarded! The current price is too cheap and this won't last for long! Don't miss this opportunity!
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NWC Trading WebNews crypto is an altcoin that in this bear market is showing strength especially against BTC. This is good, especially for the macro. Having said that it all can change very quickly we must pay attention to the support and resistance lines in the price and the RSI to really get a better grasp on the macro.
The trading web is an idea I have made from a couple years back on a couple other coins that had very good success. Basically it's the support and resistance areas of price action going up and going down, they eventually cross each and look like a spiders web, hence the name.
What to look for now
NWC must close and hold the weekly above 322 sats and the RSI above 38. That shows strength and the likeliness of making a higher high this year is much more likely.
NWC mobile platform.
I personally use the platform and really like it, with still lots of new addons coming in the future this platform will be very big IMO. Check it out on your device, I'm using the Android version.
I will periodically update the chart when there is any moves of importance.
This not financial advice.
keep in mind the move could happen much earlier or not at all.
WeAreSat0shi
Stay Blessed is 2023!
NWCUSDT Golden Cross on a Bottom fractal. +50% profit potential.The NewsCrypto coin (NWCUSDT) just formed the first Golden Cross (when the MA50 crosses above the MA200) on the 4H time-frame since November 09 2021. Technically that is a very bullish pattern and the fact that it took almost 5 months to print it again, adds more weight to it.
It should be no coincidence that the very same pattern was seen on August 03 2021, when NWC formed the bottom of its previous correction phase. As the chart above shows, a Bullish Flag was formed (Channel Down) straight after the 4H Golden Cross and after a short consolidation, the price rallied just above the 1.5 Fibonacci extension level, with the 4H MA200 (orange trend-line) supporting all the way up.
Even the RSI sequences of the two bottom patterns are similar. The only difference is that NWC is right now on a Channel Up as opposed to the Channel Down of the early August Golden Cross. This can possibly mean that the upcoming rally may even be stronger. In any case the 1.5 Fibonacci extension is now at 0.3830, which from the current levels represents a +50% profit opportunity within a month's time, if everything continues to play out in a symmetrical way.
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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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NWCUSDT Big buy opportunity based on the 1W MA100 and CCII have never made an analysis on the 1W time-frame for my crypto-gem, the NewsCrypto Coin. Until now I never needed to but the emergence of the 1W MA100 on the field is too important to ignore and wanted to share with you this unique buy opportunity. On top of that, major announcements have been made today, all of which I analyze below.
** Technical Analysis **
As mentioned above, the 1W MA100 (green trend-line) has emerged on the technical center stage for NWC. Since the December 13 candle, the price is finding support on the trend-line, which is key to its long-term growth. The previous Low was also made on the 1.0 Fibonacci trend-line and the 1D MA50 (blue trend-line). On top of that, the 1W CCI is printing a bullish reversal (bottom) formation (green arrow) and the pattern that follows is that of the previous consolidation phase of August 2020 - February 2021 (1 through 4 legs). Both previous CCI reversal formations ended up with huge parabolic rallies of +1600% returns. A +1600% rise from last week's low could push NWCUSDT to 6.5000.
** Fundamental Analysis **
The good news don't stop on the technical outlook. Since yesterday, the Newscrypto team has announced its listing on both the MEXC Global and the MEXC Global crypto exchanges! This will help the token gain even more exposure to news investors and traders! High liquidity is sure to follow!
If you are a long-term investor those are the news both technically and fundamentally that you need in order to invest now. Don't miss this rare opportunity for a Quarter 1 Target of $6.500!
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NWCUSDT Metaverse news & fractal can instantly boost it to 0.70!This is a short-term update to my no1 crypto gem, the NewsCrypto Coin. My last analysis was a long-term one, this time I focus on the 4H time-frame where the Metaverse news can slingshot it as high as 0.70 before the end of the year.
** Technical analysis **
Let's take a thing at a time. As you see, this is a comparison analysis between today's price action and a sequence from December 2020 to January 2021. The price legs between the two are very similar, the RSI (which is on the 1D time-frame, and is how I spotted this fractal) too and right now NWCUSDT is on leg (4) with the RSI already Double Bottomed. I expect a strong rebound above the 4H MA200 (orange trend-line) to make contact with the 0.618 Fibonacci retracement level around $0.7000 as it happened in early January 2021.
** Fundamental analysis **
The catalyst to this may be the official announcement made by the NWC team, informing the world that they are building their own Metaverse with Enjin on efinityio! So it was confirmed that the rumors I mentioned on my last analysis were true and this is certainly a huge step for Newscrypto. It is reported that the NewsCryptoVerse as they called it on their announcement will include:
- Personalized Virtual Offices
- Digital Classrooms
- Immersive Trading Simulator
- NFT marketplace
and much more!
You can find more on their twitter page and their website!
I can't hide it, I am extremely hyped over this and confident that as the new altseason emerges in 2022, it will take NWC far beyond the 0.7000 short-term target. Don't get left behind!
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NWCUSDT Mini accumulation phase. $1.80 target mid November.I have a short-term update to make on my crypto gem, the Newscrypto Coin that may interest medium-term investors/ traders.
The coin is entering an accumulation phase of very distinct technical indicators. Initially the Ichimoku Cloud is on bullish territory while the CCI is near its Support level. All shown on the 4H time-frame. Since the start of the recent rally in July, a Bullish Ichimoku alone has indicated the start of a mini Accumulation Phase.
As you see on this chart, the current rise on Higher Highs and Higher Lows within the Fibonacci Channel shares many similarities with the one from July 21 to August 10 (so far). Chronologically NWC appears to be on the second Accumulation Phase of that sequence August 07 - 21. I consider this a strong medium-term buy signal towards the 1.5 Fibonacci extension around $1.80.
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NWCUSDT Still inside its growth channel. Potential for +$10.My crypto-gem NWC is consolidating below its 1D MA50 for roughly 1 month and that is the reason it hasn't made its aggressive break-out yet. It is an accumulation phase but as the price is approaching the bottom of its Growth Zone (Green Channel), those low prices shouldn't last much longer. Let's look into Newscrypto's technical and fundamental highlights together.
** Technical Analysis **
As mentioned above as long as the price stays below the 1D MA50 NWC's accumulation phase will be extended. However based on its Growth Zone since its inception, long-term buyers tend to declare presence and buy heavily on the current level it's trading at. According to the previous accumulatio phases below the 1D MA50, the price consolidated for a maximum of 1.5 month before breaking again above the 1D MA50, which was the signal of the parabolic rally. We've already had 1 month of consolidation below the 1D MA50, so as you realize in the following 2 weeks the price may break upwards aggressively. That alone is a good reason to start buying on the current very low price and aim for the 4.0 Fibonacci extension of the Channel, which isa little over the key $10 mark.
** Fundamental Analysis **
This is not the only reason to be invested in the NewsCrypto Coin. As the fundamentals play a big part in the industry, the NWC team strives to keep the platform up-to-date with the latest technologies. Last Friday the revolutionary Backtesting Bot went live. The bot uses their own proprietary algorithms to automatically detect the most important patterns on the price charts of top cryptocurrencies. Apart from simply detecting the patterns, it also calculates the technical price target and looks at how many of the patterns hit it, giving the user a success rate expressed as a percentage. Next to these data you can also see the historical success rates for the chosen pattern and trading pair, which lets you see how the probability of trades taken based on the pattern changes over time. This revolutionary tool empowers every trader with the ability to test different strategies without extensive programming knowledge or wasting their precious time on incorporating data samples from charts, with a wide range of cryptocurrencies, so that it covers a variety of market conditions.
Apart from that, the team made yesterday a major update, announcing that the Stellar-Polygon Bridge will be live on Mainnet on October 29th. Definitely a major break-out for NWC!
Based on the above analyses, it becomes obvious that an upcoming price rally on Newscrypto will be backed up on both stellar technical and fundamental foundation. I don't think that anyone would want to miss out on this opportunity. The next peak can be anywhere from $10 to $16 based on the Fibonacci levels involved. Take advantage of it!
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NWCUSDT +40% short-term opportunity and fundamental milestone!My gem, the Newscrypto Coin hasn't delivered so far the rally I was expecting as it followed the short-term bearish trade of the crypto market as a whole. I believe this failure is only temporary for NWC as the long-term fundamentals look stronger than ever with the company announcing an important collaboration that I will talk about in the Fundamental Section. From a technical stand-point a sold +40% profit opportunity that I want to share with you is emerging.
** Technical Analysis **
For this short-term opportunity I am using the 4H time-frame, which seems to be repeating a distinct pattern since the July 20 market bottom. As you see, when the LMACD bottoms out and makes a Bullish Cross, so does the price, and a Bull Flag follows. NWCUSDT rises to at least the 2.0 Fibonacci extension from the bottom of the Bull Flag. Right now the 2.0 extension is at 1.21325, which is slightly more than +40% higher than the current market value. Strong buy opportunity for short-term traders.
** Fundamental Analysis **
Fundamentally, the outlook for Newscrypto is even better. The company announced and finalized that they will join forces with Polygon to improve interoperability, as well as connect Polygon to Stellar. This will allow the creation of Wrapped XLM (wXLM) tokens, which will be usable in Polygon’s DeFi ecosystem.
Sandeep Nailwal, Co-Founder of Polygon, commented:
"Having XLM available on the Polygon PoS Chain means it can be used for lending, decentralized trading and any other important Defi usage. We’re happy to be working with NewsCrypto on this and other exciting new collaborations."
To note, Polygon gave a grant to NewsCrypto to develop an advanced, low-fee bridge that would connect the two ecosystems. This partnership might show NewsCrypto’s shift from its core business of educating newcomers on crypto. However, this also represents the natural evolution of NewsCrypto, as its NWC token was originally launched on Stellar.
With that, the team at NewsCrypto holds enough experience to build this interoperable platform with Stellar, connecting the XLM ecosystem to the DeFi opportunities on Polygon.
The VP Growth at Polygon, Arjun Kalsy, also said that “NewsCrypto is looking to deploy their learning solution stack and becoming a part of the Polygon network. With the newest Stellar – Polygon bridge designed and developed by NewsCrypto, the Stellar network community can now transfer liquidity and engage with Polygon’s growing ecosystem.”
In detail, the Stellar-Polygon bridge offers instant swaps and almost zero fees — thanks to the high throughput of both blockchains. It is said that this bridge is safe, as it uses decentralized multi-sig schemes and Chainlink’s Proof of Reserve. This ensures a correct balance of the swap wallets. What’s more, the system has also undergone a thorough audit by Proxima.
** Conclusion **
I have never dismissed the fact that I am a huge enthusiast of the NWC token. This time it presents opportunities both to short-term traders and long-term investors. It is not every day that a +40% trading opportunity pops up on the chart or partnerships that solidify a company's long-term outlook. This is a significant milestone for the NewsCrypto team as they pivot towards infrastructure projects.
Don't miss out!!
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NWCUSDT These prices won't last as it prepares to take off!It's been quite some time since I last made a post on my gem, the Newscrypto coin, as the bottom of this phase wasn't in. However this week we've already had breakthroughs both technically and fundamentally, which I will address below.
** Technical Analysis **
The bottom wasn't in technically for one simple reason. The price had failed to break and close above the 1D MA50 (blue trend-line) on 3 separate attempts since May 19. Yesterday however marked the first day (in this phase) that NWCUSDT closed above its 1D MA50, placing it technically outside of the bearish trend. It is more likely than not that the bottom is already priced in with the late July low.
What's interesting is that the 1D Death Cross (when the MA50 crosses below the MA200) last week got invalidated by the rebound yesterday and today. This is not unusual for NWC during its phases within the Fibonacci Channel as every 1D Death Cross since its start has come after the bottom was priced in. That pattern starts an accumulation phase for the coin, the last low levels for a buy before a Golden Cross takes place and starts the new 1 month Parabolic Rise.
This means that right now is technically the most optimal level to buy NWC as these low prices won't last for too long before the Golden Cross comes. As far as Highs are concerned, every phase appears to peak near the next +1.0 Fib on an arithmetic progression. The May 3 High was on the 3.0 Fib so it is natural to assume that the next will be near the 4.0 Fib.
** Fundamental Analysis **
The technicals factors aren't the only ones moving the price higher, as the Newscrypto team makes sure that the coin stands on very strong fundamentals as well. The announcement just came out today that Newscrypto are developing a novel cross-chain liquidity solution for Polygon, the leading full-stack scaling solution in crypto! Great news indeed, bringing cross-chain liquidity to DeFi. You can check everything on their Twitter page.
Needless to say, it becomes more than obvious from the above analysis that both technically and fundamentally NWC is about to see much higher prices. What better time to buy than after a break of the 1D MA50 along with collaboration news with Polygon!
Previous analysis on NWCUSDT:
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NWCUSDT getting ready for the pump of the month to $1.00!Frankly, based on the fractal analysis you see on the charts, $1.00 may be a conservative target for the NewsCrypto Coin. But it is a monumental one based on market psychology that is why I've benchmarked this on the short-term. But we also had great fundamental news two days ago, so let's break down the TA and FA.
** Technical Analysis **
As you see I focus on the Channel Up that started on March 13 after the consolidation ended and compare it with the Channel Up of July/ August 2020. The two fractals are fairly similar as on both occasions a Divergence on the LMACD (was on Lower Highs while the price was on Higher Highs) fueled the uptrend. At the same time, the 4H MA50 (blue trend-line) and 4H MA100 (green trend-line) was the Support Zone. In fact, when NWC touched the 4H MA100, the price got catapulted from 0.060 to 0.1900 and had one last peak to 0.2800 before the uptrend broke down.
At the moment, the price hasn't made contact with the 4H MA100 yet, and it is the 4H MA50 that is providing Support since March 12. This means that if the same pattern is repeated, the downside is very limited (to the 4H MA100) and we may soon get a very aggressive pump. Notice that as long as the 4H MA200 (orange trend-line) was intact, the uptrend was sustained in 2020.
** Fundamental Analysis **
Fundamentally, we couldn't have had better news for NWC this week. Just two days ago, the NewsCrypto app V2.0 was released and brought arguably much hype to the community. It can track the market with charts, alerts and widgets, offers you the opportunity to earn crypto with games and price predictions. Literally there is no need for multiple apps as we were used to.
At the same time, the company lives up to the "Be your won bank with NewsCrypto" moto, as in my opinion they continue to build the most user-centric and frictionless DeFi platform ever, aiming at the 1) Highest interest rate for savings, 2) Lowest fees, 3) No minimum investment level 4) Fastest settlement.
Such commitment doesn't go unnoticed by the crypto community and is the biggest reason why I've set a $1.00 target for the short-term and $2.50 on the longer-term.
Do not miss this potential for huge profits! The pump is right around the corner!
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NWCUSDT ready for a +40% rise on crypto App launch!Great news for my gem, NWC (NewsCrypto Coin) as it's not only approaching the September All Time High but is doing so on the strongest bullish news possible: the release of the next generation crypto App.
** Technical Analysis **
But lets take it from the top. Technically, the price has been trading above the 1D MA50 (blue line) since November 21. That alone shows a sustainable bullish sentiment and investor appetite to accumulate as every pull-back is bought. The whole wave since September, resembles NWC's February - July sequence. See how similar each individual leg within the Cycles are. Since we are close to forming a MA50/100 Golden Cross, I assume the price is about to rise and form leg (E). If the 2.5 Fibonacci extension of June 10 is repeated, then we are looking at 0.3500 as the next Target.
** Fundamental Analysis **
This move can be of course fueled by the excellent fundamental environment NWC is. Just yesterday, Newscrypto launched its next generation crypto App that, among other things:
Monitors +6000 cryptos and trends
Has an advanced portfolio tracker
Community Predictions
Has play & Earn crypto games
I am personally much invested into this project and I believe this is a unique opportunity for short and long-term traders alike! Don't miss it!
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NWCUSDT Wallet Announcement can push it above 0.30 within a weekOn Wednesday I posted the following analysis on the NewsCrypto where I compared the current Channel to the one during July:
This was the day NWC received an 'A' rating on its latest Audit. Today we have even bigger news but let me first start with the technical aspect of the coin.
** Technical Analysis **
As seen on the chart, NWCUSDT has completed the (f) leg (on the 4H chart), which according to the July Channel is the 0.382 Fibonacci Higher Low. If the same pattern and investors' behavior is repeated then the price should reach the 1.000 Fib at 0.2600 and within a week make a Channel Up Higher High above 0.3000. That would complete the (g) leg.
Also on the 1D chart, the LMACD is about to make a Bullish Cross. Every time that takes place within Triangle patterns, a strong rise follows. So be on the look-out for that Cross.
** Fundamental Analysis **
Wonderful news for NWC only a few days after the 'A' rating on its latest Audit. Today they announced the NWC Wallet for 25/09/2020.
This will allow traders to:
* Receive, send and store NWC.
* Check balance and past transactions.
* Android version.
Note that iOS version and internal wallet staking will be available in future upgrades!
Clearly we are a few ticks away from higher prices and the platform makes every week the right steps towards fortifying investors' interests and attract more capital. NWC remains onw of my top picks for extraordinary gains in the coming weeks/ months.
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NWCUSDT Full Audit Transparency and why I remain bullishI have made clear over the past few weeks that NWC (NewsCrypto Coin) is one of my top choices when it comes to balancing the risk on my cryptocurrency portfolio. I remain fully bullish on it and recently it has given me additional reasons to be, both technically and fundamentally.
** Technical Analysis **
I continue where I left my most recent update and as you see the price has found enough Support on the 0.382 Fibonacci retracement level and on a quick comparison with the July fractal, has most likely completed the (f) leg. The similarities between the current and the July sequence are more than obvious. What happened then, is that once the (f) leg was completed and NWCUSDT broke back above the MA20 and MA50 on the 4H chart, the price started a strong bullish wave towards a new Higher High (the (g) leg). Even the LMACD (my most accurate indicator when it comes to crypto analysis) is printing a similar sequence with July's and as seen it is about to make a Bullish Cross. When that took place on July 20, the rally started and never looked back.
** Fundamental Analysis **
Perhaps the most important news come from NewsCrypto's latest Audit by Vera Chain where they got an 'A' rating. The team believes in full transparency, answered all questions as they were audited on areas such as Project and Product, Tokenomics, Blockchain, Team etc. The full +60 page long report can be found on their twitter.
It is clear to me that both technically and fundamentally, NWC investors can feel more secure. Trading and investing have and always will have risk but the key is to manage it accordingly by carefully choosing investments such as NWC that support full transparency. Based on all the above, I have no reason to diverge from my original target of 0.6500.
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NWCUSDT is warming up for a +200% rally.The NewsCrypto Coin (NWC) has proved these past few days why it is my favorite and most profitable coin lately.
** Technical Analysis **
Despite the sharp sell-off on Bitcoin and the cryptomarket in general, NWC demonstrates high resilience as not only did it hold the 20-day Support but also kept the the Higher Lows sequence of the Channel Up intact and succeeded at recovering more than 50% of last week's drop as opposed to Bitcoin and most of the cryptomarket.
As you see we have seen the exact same Channel Up back in July (for most of the month) which was a forerunner for the hyper strong rally of August. Currently NWCUSDT is sitting on a MA20/MA50 Golden Cross (i.e. when the MA20 crosses over the MA50) on the 4H chart, similar to July 16. The LMACD sequence is also very similar. Assuming the modest 3.5 Fibonacci extension of the first part of the August rally is replicated, I expect at least 0.6500 next.
** Fundamental Analysis **
The good news for NWC don't stop there. Newscrypto released the most sophisticated DeFi tool on the market. Investors and traders will be able to access ready to use information for high-performance trading. Check out their twitter page for more details and see for yourself. In my opinion there is no better and more powerful tool for a crypto investor than that. And that should definitely add to the hype of the recent months on NWC.
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NWC gained +50% since my buy signal. Still plenty of room to go!Only 7 days have passed when I issued the following buy signal on the NewsCrypto Coin:
The price was 0.1990 at the time and it has since breached the $0.30 barrier for a more than +50% gain.
You may think that it is too late to catch this rise but my recent Technical and Fundamental Analysis shows that this is still relatively low and at the start of a parabolic hyper wave.
** Technical Analysis **
As you see on the 4H chart, NWCUSDT is currently testing the $0.31 (roughly) High it made on August 31. If broken and the danger of a Double Top gets invalidated, then we have a strong bullish break-out case on our hands based both on the RSI and LMACD.
Since June 05, the RSI is forming small cycles where after an initial High (blue flag), it posts a Higher High (red arrow). This coincides with a Peak on NWC's price.
As far as the LMACD is concerned, shortly after the RSI's first High (blue flag), it starts turning bullish (green arrow), which as you see is the optimal buy entry. Since June 05, this technical sequence has been extremely consistent.
** Fundamental Analysis **
Big fundamental news for NWC. Today the rumours about Newscrypto and DeFi were confirmed on their official twitter page.
This info was first leaked in the telegram chat and two hours after that they confirmed the rumour with a twitter post.
Newscrypto also mentioned that they will issue an official announcement in the upcoming week, which I believe will positively affect the price.
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