NWCUSD $2 target reached. Time for the big bucks now!If you follow me for long, then you know that the coin I've been buying strongly is NWCUSDT. My secret gem hit the $2.00 that I've set on my two most recent posts, as shown below:
The question now for buyers but those who missed the train also is what the next target will be? I've personally set a medium-term target of $5.00 and in the Technical/ Fundamentals Analysis below, I will explain why.
** Technical Analysis **
As you see on the chart, NewsCrypto is replicating the aggressive parabolic move of July - August 2020. The LMACD is close to a Bearish Cross and if it fails, it will be exactly like on August 10. The CCI is also on the same Lower Highs break-out pattern of June - July. What followed after was a full month bullish wave within the 3.5 - 4.00 Fibonacci extension of the Channel Up that started during the consolidation phase (blue cup). If the same pattern is repeated then NWC can easily hit +5.00.
** Fundamental Analysis **
The great news don't stop just on the technicals but are seen on fundamental aspects as well. Here are the main highlights, all of which are on NewsCrypto's twitter page:
- The team has already deployed a testnet version of the DeFi platform and soon everything will be optimized for the mainnet version.
- BithumbGlobal has listed NWC.
- The much anticipated AI Sentiment tool will be released on May 5th! Free for all users! Brace yourself as it predicted XRP's closing price within 2 cents!
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NWC
NWCUSDT You were warned about $1.00. Still not too late to buy!The NewsCrypto coin is doing it again. On April 03 I've mentioned $1.00 as the short-term target and yesterday's candle delivered it, which shifts my attention to the next target $2.00, as per my most recent NWC analysis:
At the moment I even see a more aggressive pattern which may exceed this target level, but I prefer to take it on a medium-term approach and break it down on a monthly basis. The fundamentals are growing wildly positive on a weekly basis and the recent news couldn't have been better. But as per my usual analysis, let's break it down to the technical and fundamental side.
** Technical Analysis **
As you see on the chart, the Divergence on the MACD worked to NWC's favor as it happened in August 2020. Whether the MACD spike that followed then will be as aggressive now, that remains to be seen. But based on the Fibonacci extension following the first Higher Low on the Channel, my $2.00 target is below the 6.0 Fib extension. On Fibonacci Channel terms it can go even higher, doubling the projected target level, but like I said, we will have time to revise upwards in the near future.
** Fundamental Analysis **
The technological advancements continue for NewsCypto. Apart from the AI Sentiment Price Prediction tool (will use machine learning to predict price movements based on sentiment scores across all media channels), last week the proprietary Strategy Design tool was announced. It will bring state of the art trading algorithms to everyone, and all that without needing to write a single line of code.
In short, the motto is ''Financial algorithms for financial freedom''!
Like I mention on the title, despite its considerable growth lately, the sky is the limit on NWCUSDT and it is not too late to buy! Don't miss this opportunity!
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NWCUSDT is closer than ever to $2.00!A combination of fractal behavior and excellent fundamental news, can finally catapult my NewsCrypto gem to $2.00. Let's break this down:
** Technical Analysis **
As per my previous analyses, the current bullish leg on NWC is repeating methodically the July-August 2020 bullish sequence. A simple fractal comparison shows that we are currently on the spot where the three MA periods are diverging (MA50, MA100, MA200) on the 1D time-frame and last time that took the price from a steady Channel Up (red shape) to a hyper aggressive rise. Assuming the overall pattern is a Channel Up (blue) then the price can meet the Higher Highs trend-line anywhere within 1.5 and 2.0!
** Fundamental Analysis **
A news catalyst is required for such a break-out. And what better news can we have than the NewsCrypto partnership with Travala! Just a few hours ago it was announced that their new partner will be adding NWC as a payment option for 3M + Hotels, Activities and Flights! What a great break-through that is in the adoption process not just for NWC but for the crypto community as a whole!
Next stop is $2.00. Are you with me on this +150% profit potential? Don't miss it!
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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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NWC is starting its parabolic move! $2.50 potential target.My favorite NewsCrypto Coin has started moving and the sequence resembles the June movement which was what kickstarted a massive +1500% Bull Run. On top of that, the fundamentals look stronger than ever with NewsCrypto making a ground-breaking announcement today with the addition of an extremely useful tool. But let's look at it from both a technical and fundamental perspective in more detail.
** Technical Analysis **
So as I mentioned above, this week's rise that came with its strongest LMACD push on such short time-frame ever, has many similarities with the June bounce, which after a final pull-back, paved the way for a +1500% rally. Anothe common feature is the 1D Golden Cross (MA50 crossing above the MA200) that shows the change in the long-term trend to bullish. Right now the price is on the 2.0 Fibonacci extension, which last time provided the final pull-back. So be alert for signs of retracement. If a 1D candle closes above it though, then the retracement potential may be invalidated.
The rally that followed peaked a little lower than the 6.0 Fibonacci extension. If the pattern continues to play out as then, then the 6.0 extension is a little above $2.50! So if you are a long-term trader have this as your benchmark. As you see on the chart, this conveniently falls around the 1.5 Fib extension on the long-term Fibonacci Channel.
** Fundamental Analysis **
Fundamentally NWCUSDT looks stronger than ever. The catalyst of the week is today's announcement of the AI sentiment price prediction tool as seen on Twitter. This technology collects data from Twitter and from financial news, and analyzes the sentiment in the tweets or news articles that contain a predefined set of keywords. It rates the sentiment in the Tweet or news on a wide scale ranging from fearful to enthusiastic.
Based on the collected historical data, it correlates the price movement of the underlying asset for which it searches in keywords to the determined sentiment. As enough data gets collected, the tool is able to predict price movement based on the previous movements.
When it comes to Twitter sentiment analysis, the AI also looks at the profiles that are known to have a big effect on the price change of an underlying asset if they tweet about it (eg. Elon Musk), the amount of likes, retweets and comments to determine the sentiment score. Based on the overall sentiment of the Tweets containing the keywords in a set time period, it takes an average and predicts the price movement. The same goes for sentiment analysis of the news.
It is more than obvious that those hyper-strong fundamentals/ news have come at the right time, as NWC is about to start a new parabolic rally. The wait was worth its while and in my opinion you wouldn't want to miss out on those massive gains! My target as of now is $2.5 on a 3 month horizon!
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🆓Newscrypto/USDT Analysis (3/2) #NWC $NWCNWC has conquered 0.18-0.19$ zon and is heading to 0.25$ zone, I think there is a high probability that NWC will conquer this zone and will increase strongly to 0.4$ by the end of this February
📅NEWS
👉Feb 4 : NWC App v1.0
📈BUY
-Buy: 0.18-0.19$. SL B
-Buy: 0.24-0.25$ if A. SL B
📉SELL
-Sell: 0.24-0.25$. SL A
-Sell: 0.40-0.42$. SL A
♻️BACK-UP
-Sell: 0.18-0.19$ if B.SL A
-Buy: 0.11-0.12$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
NWC ~ Sleeping giant?I was lucky enough to buy NWC before 1000% happened. I am still holding, so I decided to analyze to see if I should sell now, hold or add more to the position.
How did the 1000% happen?
Back in June Newscrypto project added a few fiat integrations like, Paypal and Google Pay, which allowed users to purchase their tokens directly off their platform. At the time that was, what I think, one of the biggest achievements of the project. The second big thing was a partnership with the KuCoin exchange. They partnered with them to promote education which helped Newscrypto gain awareness in this industry. I believe that the synergy of these announcements pushed the coin for 1000%
What will happen next?
After the push, NWC again entered the accumulation zone, where it has been now for about 4 months. How about the future? NWC project is just about to become a cross-chain token, which means that their token will be available on three chains. Why is this good? This means that they will be able to exploit protocols from Stellar, Ethereum, and Binance Smart Chain. I would assume that they decided to go for that in order to trade on DEX's. A logical conclusion here is Uniswap and then proceed to other DEX's.
The next big thing that is about to happen is their app hard launch. A crypto APP is one of their biggest products so far, which will increase NWC token utility and allow them to access "mobile traders". I added "Yet to be listed on Binance" because I would say that Binance listing is inevitable in 2021.
Now compare their plans for January&February with what they did back in June (when they pumped for 1000%), what is your conclusion? In my opinion, the $1,5 price projection is min. what they can achieve. I remain bullish and I am adding more to my position.
Comment what you think.
NWCUSDT 4h Price Outlook 29 December 2020 — PullbackHello, NWC TA requested by my followers few times, some of them said there are rumors NWC will become a multi chain token, being available on ERC, XLM and BSC — Possibly this will bring Newscrypto to DeFi, Uniswap and other DEX's!
Quick lookup on price action of the NWCUSDT pair, seems like price can make short-term pullback upside to +15-20% profits if BTCUSD will be stable for next couple of days/week. Stop loss below entry and below channel at $0.165. Make sure you following risk management, use stop loss.
NWCUSDT aiming at 0.28 short-term on great fundamentals!Newscrypto is printing a very unique sequence that was last seen in June 28 before the aggressive bull run. On top of that, the fundamentals of last week are looking solid enough to support at least a short-term push to the November High. But let's take on aspect at a time.
** Technical Analysis **
As you see on the chart, NWC has just made contact with the Higher Lows trend-line that started on the October 06 Bottom. Testing Higher Lows trend-lines are typically a sign of emerging buying strength. As mentioned, we last saw this pattern on June 28. The price tested then the Higher Lows trend-line that started on the March 18 Bottom. What followed after June 28 was a 2 month parabolic rise of +1300%. The first target of that rally was the previous High. So there is every reason to expect buyers to react this way again and aim at the previous High of 0.28. The last condition to fulfil is for the LMACD to make a Bullish Cross
** Fundamental Analysis **
Fundamentally the outlook appears to be even better for the NewsCrypto Coin as it is rumored that they will become a multi chain token, being available on ERC, Stellar and BSC. In my opinion this will open doors to Defi, Uniswap and other DEX's!
On top of that, it was announced yesterday that the official release of the NWC iOS Wallet will be 26/12/2020!
Conclusion: NWCUSDT apart from being a great long-term investment, shows excellent promise for a short-term run to 0.28. That is almost a +50% increase from the current levels! Don't miss this chance!
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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 My gem is near ATH & aims at doubling its price at leastI haven't kept it a secret that I am a big NWC fan. I don't just see enormous value on this coin in the long-term due to the right fundamental steps the team takes, but also on the short-term as I see patterns that can be easily taken advantage and offer at least 100$ profit! Such as the one I will analyze today!
** Technical analysis **
First of all, I have used the very reliable Fibonacci Channel on a +0.786 interval which has turned out to be very accurate on Bitcoin. NWCUSDT is no different. As you see the 0.786 extensions capture fairly accurately every High and subsequent low.
Now, the key point on this analysis is the fact that the price is close to testing its Resistance (roughly 0.33) which is also the coin's All Time High (ATH). Every previous time a Resistance got tested, it broke within a few days. The returns have been excellent: +60% on June 10, +30% on August 31 and an astonishing +450% on August 13 after the July 26th break-out! A +30% from the current Resistance is roughly 0.43, a +60% is 0.5350 while if we repeat the +450% move then we can have 1.833 which will touch the 4.786 Fibonacci extension!
Why I believe the Resistance will break technically? Because the very reliable LMACD indicator is having a similar pattern as those of May and July before the break-outs.
** Fundamental analysis **
Perhaps the strongest reason though that makes me believe that the Resistance will break, is fundamental. Like I said, the company is taking the right steps, announcing the release of the NWC app. Key features: AI Based rating of 6000 Crypto, Multiple portfolios overview, In-app rewards, Crypto gamification. So far in 3 days the app has +10000 registers, expecting +1M downloads!
I am personally very excited with this prospect, having a significant portion of my crypto portfolio there. Buy and pick your target! 0.43, 0.5350 or 1.833!
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[NWC] Great Potential After Descending Channel Breakout + FAHi everyone, in this analysis I will go in-depth on the technical and fundamental state for NWC/USDT and explain why this is one of my favorite projects at the moment.
Let's start with the technicals. We see a very interesting support zone at the bottom. This horizontal support zone has extra strength. We have seen it being tested on many occasions. Upon closer inspection, you probably wouldn't be surprised to notice that this level is exactly at the 0.160000 level. This 16 cents USDT level is at a beautiful round number, a level marked by psychological importance.
And again, exactly after hitting the support zone the price immediately took off roughly one day ago. This is bullish price behavior, confirming support.
Then, we see the all-time-high resistance. Many times prices struggle to overcome the resistance of an all time high on the first run. You can decide to use this zone as a take profit for your first trade, or hold beyond it for a second target.
I highlighted the area above the horizontal ath resistance as the moon zone. You can choose to hold beyond the ATH to see great potential returns, because when the price does break through it often goes to spectacular new highs, such as what we've seen on NWC in July and August.
Then, finally we see that the price broke upwards out of a descending parallel channel. Another bullish signal that combined with the support zone gives a great outlook for the price.
I suggest a long trade from the 20 cents region exactly at the S/R flip level.
As for the fundamental aspect of this analysis, I have been taking a closer look at the upcoming events. The most interesting even coming in the next few months is the launch of their mobile app. As with all their product launches I expect that they will market this product aggressively when it does launch. Furthermore, based on the announcement we can see that this app will compete with the major top crypto apps such as Blockfolio and Coinmarketcap (and including new features such as AI-based project rating) giving a very bullish potential to such a low marketcap coin.
Current the launch date is planned for December this year still, so if we link this information back to a trade I suggest to hold your long position at least until when the app is launched to fully get the benefits. Make sure though to realize that future value is often calculated in the current price, so don't wait until the app is actually officially launched. The price might already increase before it as the launchdate comes closer.
Another positive thing is that the NWC utility token will be used within this app, giving us another indication of a likely increase in demand. Basic laws of economics teach us that when supply stays stable and demand goes up, the price will increase.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!