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NWC

[Educational Content] - How to trade RSI DivergencesIn this technical analysis I will go into depth on how to trade an RSI Divergence taking this beautiful textbook example here on NWC. RSI Divergences help to mark reversal points. In this trade set-up I suggest a long position on NWC / BTC after we spotted an RSI Divergence and already have confirmed it at the horizontal level. The horizontal level gets an insane confluence here after seeing three indicators align. First of all, the price is near the golden zone of the 0.618 fibonnaci retracement, second of all the price is near a strong horizontal zone and thirdly the price has seen a confirmed rsi bullish divergence. *So, what are RSI Divergences*? Regular divergences are reversal signals. When a regular divergence occurs, it indicates that the trend is strong but its momentum has weakened. It provides an early warning that a trend reversal (or at least a pull back) is likely to follow soon. Regular divergences can be powerful and reliable entry triggers. In fact, as far as oscillators go (and technical indicators in general), regular divergences are considered the most reliable early signs of a local bottom or top. Especially when confluence is present, regular divergences can provide “high probability” trading setups. Therefore, strategies involving divergences tend to be relatively forgiving when traded using a low Risk Reward Ratio. For smaller marketcap coins it is also important to check fundamental principles. As you noticed over the last weeks I am a huge fan of NWC. As a trader myself, I am looking forward to the functionality that NWC will add. Interesting knowledge is that the roadmap of NWC is publicly available on their website, which means you can easily predict whenever major events are going to happen and trade accordingly. I found that in Q4 the mobile app is likely to be released, which adds to the bullish sentiment of NWC right now. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
9
Parallel Ascending Channel on NWC Creates Great Long OpportunityHi everyone, In this analysis I want to keep focusing on NWC, one of the smaller market cap coins that I discovered recently that has a lot of upwards potential. After a very successful previous idea of looking at the confirmation of the bullish retest we see that the technicals can give us a good indication of how to trade NWC Newscrypto. Right now the price is trending upwards inside a parallel ascending channel. Whenever you trade channels it's important to find a place with maximum risk reward. For this, we can use the age old buy low sell high principle. The best place to enter a trade is when the price bounces off the lower support line. We see that the price is EXACTLY at the lower support at the moment, giving us a great opportunity to buy low. The sell can be defined by many different indicators. You can choose to enter a scalp trade and hold it for a few hours towards the upper resistance, or you can choose to use it a great entry for dollar cost averaging into this asset to hold for the longer term and aim for profits of 50% and higher. Combining with the fundamental analysis we see that today new functionality was added where users are now able to leverage apply pay to buy NWC tokens. This will bring greater accessibility to this coin to a large audience of all 1 billion apple pay users. Since NWC was only available on KuCoin (and HitBTC but I suggest to buy it on KuCoin) this could lead to a large influx of new users and therefore an increase in price. I suggest a long position here on NWC. Good luck! Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
7
NEWSCRYPTO is waving a strong bullish flag!!My top coin for extreme future gains, NWCUSDT, just entered the long awaited bullish phase technically, which has always been a strong buy signal. At the same time the fundamentals continue to be strong which I will explain below. ** Technical analysis ** The Channel that took the coin lower since the late August high is testing its Lower High trend-line, as weel as the 1D MA20 (green line). This pattern has always been a bullish flag on the past three occasions but there is an important detail that triggered it. That is the LMACD bullish cross formation. As seen on the chart every time an LMACD bullish cross takes place and the price breaks above the 1D MA50 (blue line), NWC rises, and in the last two events in particular very aggressively. It is interesting to note here that once this break-out happens, the next High is priced on a progressive sequence of Fibonacci extensions (bottom 0 is marked on the price bottom while top 1 on the high price when the LMACD bullish cross happens): - First was 1.618, then 4.618 and the recent High at 7.618. It appears that it grows by +3.000 on every High! That of course can't be that sustainable for too long but as long as it lasts for, we should take advantage of it. I am still expecting 0.65 in the very near future! ** Fundamental analysis ** Well there can't be better news than the announcement of Apple pay. Newscrypto end-users will be able to buy $NWC with ApplePay. That way the platform simplifies crypto purchases on over 1.4 billion iOS devices. Improving UX and bridging availability are the key turning points towards mass adoption. Are you still not invested in NWC? Wrong. Don't miss out on this unique buy opportunity. In my opinion this is a long-term investment that should be in every crypto-trader's portfolio who has the patience to wait and enjoy massive gains. Always consider weighing in your portfolio in such a way to achieve proper risk balance. NWC should be in that equation. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
Long
by TradingShot
2
Bullish Retest Opportunity on NWC In this analysis I am going to break down all the most important technicals on NWC/USDT and explain how to make use of all of them to come up with a nice 3+ risk reward trade set-up. After the price has been coming down from the all time high we see that two major horizontal support zones have been formed. The lowest one (level II in the chart) has just been confirmed twice, with proving very strong support. The highest one provided support earlier on in the chart but now got broken recently around the 1st of October. Bear in mind however that all altcoincs went down recently and that a drop in price of any altcoin is not necessarily due to the company's performance but might also be due to general market conditions. Even after the price breaks through a zone you can still keep the zone on your chart as the area might be useful later. In this case we see that through an S/R flip the old support zone will turn into resistance first, and now potentially into support again! I will monetize on this scenario in this trade set-up by suggesting a long position using a bullish retest on the 4h. For this trade I suggest an entry near the horizontal support zone at the first level. This is the most logical place for a change in momentum on NWCUSDT. For the stop loss I would look at the second level horizontal support. This is a stronger support area that held many times before, so the chance is relatively low that the price will go below it. For the take profit, the most logical place for the first target would be near the previous ATH, giving a potential profit of 51%. Beyond target 1, we reach the moon area where no clear technicals can give us profit targets. Simply hold beyond this level for unlimited potential. The total risk reward for this set-up would be 3.16. If we look at the fundamental side, I highlighted a few important events on the chart that explain a few price moves. Previously I mentioned the Vera Chain audit that caused a major increase in price. Today we can see that the Apple Pay announcement caused the price to increase by over 20%. The logic behind it is obvious, as more payment methods are being added more and more customers are able to buy the NWC token, increasing the demand while keeping supply stable. This shift in classic economics will always cause the price to go up. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
29
Newscrypto - NWCWe can see a falling wedge pattern - reversal pattern. If we break out the resistance line of this wedge we will see 38.2-50% Fibonacci level Announcement coming from Newscrypto today The project announced the Apple Pay payment integration which will allow the 1,4 B Apple users to easily and safely purchase the NWC token. Improving UX and bridging availability are the key turning points towards mass adoption. The last time they announced a google pay integration, the price rose for about 140%, interested to see where could they go from here. Best regards EXCAVO
by EXCAVO
21
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. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Long
by TradingShot
17
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. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Long
by TradingShot
6
NWC/USDT - When Technicals and Fundamentals AlignHi everyone, The Trading-Guru is back with an analysis on NWC. In this analysis I mix things up a little bit and cover NWC/USDT both from a technical and a fundamental point of view. There are two important horizontal levels on the chart. The horizontal resistance zone marked by the ATH at around 28.5 cents and the horizontal support zone of around 18.5 cents. As this coin has a relatively low marketcap there is high volatility and even a "scalp" trade between support and resistance can already yield 30%+ as shown by this trade set-up. Now, normally I would've suggested to wait for the price to drop to the support zone and buy there. However, besides technicals there are other factors at play here that influence the price. Especially on lower marketcap coins it is important to keep an eye on more fundamental things cause they have a high probability of influencing the price. Today you can see that NWC has had an audit by Vera Chain which went successfully. As a result the price went up already before the support zone was hit. Now after a few hours I think we can safely say that the reversal has been confirmed and I suggest to enter a long position here on NWC. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
6
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. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Long
by TradingShot
17
Newscrypto - NWCNWCUSDT moving inside the uptrend channel According Newscrypto's twitter post, the project announced they are going to conquer the Asian market with the industry leader ALIPAY! Newscrypto x AliPay Newscrypto integrated the largest mobile payment platform, reaching 1,2 billion users and over 50 markets to allow $NWC token purchase directly from the Newscrypto platform. The payment addition of one of the biggest Asian corporations will enable users to buy crypto in an easier, faster, and safer way. platform.newscrypto.io Best regards EXCAVO
Long
by EXCAVO
2
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. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Long
by TradingShot
14
Newscrypto (NWC) breaking out!Newscrypto just broke out of the 15 day channel and is now moving its 0,32 usd target. We can see that double bottom formed right before it broke out, this is a text book example of double bottom and a reversal afterwards. Also, Newscrypto posted in their telegram channel that they are announcing huge partnership in two days, everyone are eager to see what it is. The last time they launched the Google Pay integration the price skyrocketed and entered into this channel. Can we see NWC explode again on Monday? In my opinion, NWC will hold above the 21 cents now and this is a safe zone to enter. DYOR
Long
by LuckyTradez
5
NWC/BTC (New All Time High?)NWC/BTC -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)"
Long
by PolarHusk
9
Don't miss the +300% profit potential on NWC. This is why.Newscrypto (NWC) has been my favorite coin this month, having already posted +300% gains in August and is currently consolidating. It can be as profitable for you too, as this consolidation is the accumulation phase for the next +300% bullish leg to 0.6500. My technical perspective on NWC: As you see NWCUSDT has been on a parabolic rise since the start of July. The RSI on the 1D chart clearly shows the most optimal spots to buy and sell alike. * Since late June, it has been trading within a Channel Up and every (near) contact on the Higher Low trend-line (green arrows) is a buy opportunity. Since July 12, that matches exactly on the 1D MA20 (yellow trend-line). * Similarly, the red arrows (on the RSI), indicate profit taking opportunities (long-term). Right now the RSI is almost on the Higher Low trend-line of its Channel Up and the price approaching the 1D MA20, which makes it a buy opportunity. Until the RSI makes contact with its Higher High trend-line (dashed line), we can have another +300% rise, which puts my target (and where I will be taking profits) at 0.6500. Fundamental perspective on NWC: I am not bullish on NewsCrypto Coin just for the technical side, but also fundamentally. Earlier this month, it joined the growing number of crypto platforms to support Google Pay payments. Now, customers are able to use Google Pay to purchase NewsCrypto Coin (NWC) tokens, which can be staked or used to unlock additional tracking tools. This makes NewsCrypto one of the first platforms to offer direct cryptocurrency purchases with Google Pay. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Long
by TradingShot
8