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NWCUSDT

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