Nwcusdtsignals
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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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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NWCUSDT A medium-term tradeThe NewsCrypto token (NWCUSDT) has completed a strong correction since the April 02 High, as it hit on Monday the Higher Lows trend-line for the first time since March 15. That is the line that started after the February 24 market bottom.
The correction sequence is quite similar in price action with the January 15 - 22 fractal. That formation completed its correction when the price broke above the 4H MA50 (blue trend-line) and started a Channel Up rise that hit the 0.618 Fibonacci retracement level. Even the RSIs of the two fractals seem to have a similar bottom formation.
As a result, if you are looking for a medium-term trade for April, wait and buy when the price breaks above the 4H MA50 and target the 0.618 Fib at 0.3000.
On other (fundamental) news, the NWC team announces that in collaboration with Bybit, they are releasing a new education section on Leverage Trading.
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NWCUSDT aiming at $0.50 on an impressive rally!The NewsCrypto coin (NWCUSDT) followed our exact suggested strategy that we posted last week and following the 4H Golden Cross, it broke aggressively to the upside:
As a result, we now need to zoom out on the 1D time-frame and see what levels can act as Resistance/ Support on this impressive rally. But as always, let's break it down to the Technical and Fundamental parts.
** Technical Analysis **
As mentioned, today's post is on the 1D time-frame where we see NWCUSDT already above the 1D MA50 (blue) and the 1D MA100 (green trend-line). Both in price action and RSI terms, the pattern looks similar to the bottom sequence of July - August 2021. The legs (1 through 6 up till now) have been fairly symmetrical and right now we are approaching the Resistance made by the January 13 High with the RSI being at the exact level it was on August 24 2021. That was when NWC tested its proportionate Resistance on leg (6). What followed was a short-term pull-back to the 1D MA100, which formed a Bullish Cross with the MA50 and made the final push to leg (7) just below the 1.5 Fibonacci extension level (exactly on the Ichimoku cross to Bullish).
The difference is that now the 1D MA200 (orange trend-line) is not below as in 2021, but is coming from above as a Resistance and closing in on the 0.5000 level. Judging by its recent rejections (December 01, November 04 2021) and since it's been unbroken for more than 4 months, it would be sensible to use that level, $0.5000, as the exact short-term target.
** Fundamental Analysis **
Despite the technical hype, the NWC team keeps the project on strong fundamentals and having the core in the final stages of development, it is releasing new features on the platform little by little. One such feature that are big fans of, is the Premium Content one, which offers in-depth guides on all the practical skills a trader needs to successfully navigate the world of crypto. This includes guides that were prepared by NewsCrypto’s global team of analysts and educators, as well as those that were created by independent traders and well-known crypto veterans.
Such fundamentals are certainly strong and can create even more hype when the section will enable readers and other traders as well to share and monetize their knowledge on any topic that are passionate about.
** Conclusion **
As the NWC project stays on strong fundamentals that empowers its functionality and attracts outside interest, the price will continue to rise and even break into new patterns. Traders need to take advantage of this bullish momentum in the market and buy for at least a short-term $0.500 target as the project fundamentals that could be announced next time, may push the price much higher. Don't miss out!
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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 on the verge of a bullish break-out above $0.50.The Newscrypto Coin made a new Low on February 24 but is more than +40% up since then and is fast approaching the 1D MA50. With the strong projects that the NWC team has in store for us, there could not be a better time for a break above the 1D MA50, which will be a bullish signal. But let's look into both the technical and fundamental outlook in more detail.
** Technical Analysis **
As this 1D chart shows, NWC's price action since January 13 (2022), is quite similar to that of June 17 - July 26 2021. In both cases, the price is trading below the 1D MA50 (blue trend-line) and when it broke in August 02 2021, a buy confirmation emerged that reached just below the 1.5 Fibonacci extension. So far the (2), (3), (4) legs are very symmetrical, we can assume that if the 1D MA50 breaks, leg (5) will follow this symmetric pattern around 0.33 too. Leg (6) is the test of the 0.39 Resistance and (7) should be above $0.50. Even the 1D RSI patterns are so far similar.
** Fundamental Analysis **
What better news can we have, than the NewsCrypto App 3.0, which is finally live! This enables users to trade like pros with:
✅Complete market overview
✅Portfolio tracker
✅Smart alerts
✅Trading ideas
At the same time huge progress is made on the MercuryTrade, NWC's copy-trading platform, which will include the world's top traders with users being able to copy them with one tap, or become trading starts themselves. The official release will be in Q1, so there isn't much time left!
** Conclusion **
So where does that leave us? Well in my opinion the fractal is pretty self explanatory itself if you want to buy in a little earlier. But since NWC has been trading below the 1D MA50 since November 14, when broken, it will be all the confirmation you need to buy with odds stacked technically in your favor. Don't settle for anything below $0.55!
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NWCUSDT hit a major Resistance confluence but remains supported.The NewsCrypto Coin has eventually found Support at the bottom of the Channel Down pattern I posted 2 weeks ago, and registered the first major rebound attempt since late July:
This time I will focus down on the 4H time-frame for a shorter-term evaluation along with the major fundamentals/ news of the week.
** Technical Analysis **
As the chart shows, NWCUSDT has been trading on a short-term Channel Up ever since the February 03 Higher Low and yesterday it even broke above the 4H MA200 (orange trend-line) which has been intact as a Resistance since December 01 2021. It has so far though failed to extend this momentum and break above the long-term Resistance of the 1D MA50 (red trend-line). In fact yesterday's rejection came on a major Resistance confluence as besides the 1D MA50, it is where the 0.5 Fibonacci retracement level (on log scale) is (counting as 1.0 the December 24 High) as well as the 1.5 Fibonacci Channel extension. As a result, until this Resistance Zone breaks, NWC may remain sideways, as at the same time it is supported by the 4H MA50 (blue trend-line) since February 04, which is the short-term Support level. If the price breaks above the 1D MA50, we can expect a strong gap fill to 0.5000 by the end of the month.
** Fundamental Analysis **
At the same time of this critical break-out attempt, NWC has been on strong fundamentals. A big NewsCrypto App update is just around the corner which will include among others:
- AI sentiment
- Liquidations
- Funding Rates
- Compare tool
- Upgraded Smart Alerts
- Gainers/Losers
- Synced account with web platform
- Improved UX
On top of that, the profile section upgrade on web platform is live, where you can: ✅ Edit your profile section ✅ Add followers and following ✅ See user's trading predictions.
Last but not least, the Mercury Trade, a platform powered by NewsCrypto, is expected to go live in Q1 2022, where users can copy the world’s top traders with one tap – or become a trading star themselves.
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NWC/USDT 1HOUR UPDATE BY CRYPTIOSANDERSWelcome to this quick NWC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- NWC/USDT is bullish trade and NWC wedge pattern and buy the green box and hold long term
Entry:-CMP and BUY THE DIP
Target:- 15% to 20%
Stop loss:- 0.1972
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
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 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 will bottom out in December. Huge buy opportunity.My cryptogem, the NewscryptoCoin is printing out a unique pattern on the 1D time-frame, which has previously resulted in massive rallies. At the same time, there is word in the street that NWC is preparing something big with Enjin. But let's take a more detailed look into both the technicals and fundamentals.
** Technical Analysis **
NWC on the 1D time-frame looks ready for a December bottom following last week's massive sell-off in the cryptomarket. Using the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line), which see that everytime NWC forms a 1D MA50/MA100 Bullish Cross after a Bearish Cross within a Channel Down, the price is about to kick-start its cyclical rally. Such Bull Cross formations took place on June 10 2020 and March 21 2021. Those hit (or almost hit) the 2.0 and 3.0 Fibonacci extensions successively.
Right now NewsCrypto is coming off a 1D MA50/MA100 Bearish Cross. The next Bullish Cross should act as confirmation that the new cyclical rally is about to start. However with the price being that close to the July 2021 Support, would you want to wait until the Bullish Cross with the price most certainly higher than today? I don't. This is technically a unique buy opportunity for this coin.
** Fundamental Analysis **
As mentioned above, the word is out that the NewsCrypto team is preparing to build something with Enjin. If I had to take a guess, based on the team's innovative nature towards new technologies and with social media, education in particular, that would be something involving Metaverse or some other platform. If the rumors are indeed confirmed, it would be one of the biggest steps of NWC and may work as a catalyst to accelerate the rally.
It appears that within December, NWCUSDT will start the new rally and this time the sky is the limit. Technically is should be near the 4.0 Fibonacci extension, which is currently a little over $4.50 but naturally as the rally unfolds, it should be higher. Even if this Fibonacci Higher High sequence isn't followed this time, one thing is sure, that timing is everything and in the cryptomarket in particular, timing the buy entries is of great importance. Even if the price drops a little more on the July Support, the current levels are close enough to represent an excellent buy opportunity. Don't miss it!!
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NWCUSDT Short-term opportunity for a quick +20% profitI rarely do short-term analyses on my crypto gem, the NWCUSDT, but this is too good to pass and want to share it with you.
** Technical Analysis **
NewsCrypto on the 4H time-frame has been repeating a very steady pattern since late September as it consolidates waiting for the huge end-of-the-year parabolic rally. As you see on the chart, every time it forms Higher Lows following a bottom after a sharp 4H drop, the price rebounds and reclaims at least the 0.786 Fibonacci retracement level. Right now this level is at 0.91350 so targeting 0.900 from the current levels would be more than +20% profit on a short-term basis.
Check also how those Higher Lows fractals are printing their own identical sequences both on the RSI and the LMACD indicators. The LMACD in particular is about to complete a new Bullish Cross formation and based on the pattern that is the start of the 0.786 Fib rally.
** Fundamental Analysis **
Technicals aren't all that matters especially in NWC's case. We all know that the coin sits behind very strong fundamentals and the team responsible is always keeping the platform up-to-date with the latest tools. Latest news include:
- Adding the finishing touches to what is bound to be the best Copy Trading Platform, the Mercury Trade! Best suited for traders who want to make money effortlessly.
- New updates coming on the DeFi Lending Platform, the Unchained Education Program, the NFT Marketplace and Trading Bots.
- New On-Chain tool providing traders with on-chain information to adapt their trading strategy and see when a trend change can take place.
- The Stellar-Polygon Bridge getting more popular and already offers trading wXLM on Polygon!
- The amount of burned tokens from Subscription fees have increased 12x since the release of v3.0 Platform update. 4 mio $NWC left to be burned until the end of 2021!
** Conclusion **
Besides the usual strong long-term fundamentals, this time NWC presents short-term traders with an opportunity to make a quick +20% profit within days. Don't miss it and buy for $0.9000!
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NWCUSDT Huge 1D Bullish Cross about to happen. Target above $10.It is about time to update my view on my crypto gem, the NewsCrypto Coin as a lot has happened recently both from a technical and fundamental perspective. We are about to witness the single strongest bullish signal that NWC prints cyclically and all that backed up by strong fundamentals. But let's see this into more detail.
** Technical Analysis **
As I mentioned, the price is about to give the single biggest bullish signal it gives in every cycle and that's the MA20 - MA50 Bullish Cross on the 1D time-frame. This happens when the shorter-term 1D MA20 (red trend-line) crosses above the longer-term 1D MA100 (blue trend-line), indicating a trend shift from bearish to bullish long-term. Especially when it comes after the Accumulation Phase in each of NWC's Cycle, it is the last strong buy signal on 1D before the price takes off.
** Fundamental Analysis **
From a fundamental standpoint, the Stellar - Polygon Bridge, Newscrypto huge breakthrough on the big stage, has been running smoothly with this presenting excellent arbitrage opportunities. At the same time the team is going along with the big Facebook news, exploring Metaverse and how NWC can be connected on it. There are small updates here and there with an upgraded version on the NWC revolutionary Backtesting Bot.
Based on the above, with NWC continuing to run on strong fundamentals, I expect the 1D MA20/50 Bullish Cross to be the last buy opportunity before the price breaks easily its previous All Time High and jump two Fibonacci levels higher. As the chart shows, every Higher High on a Cycle basis is 1.0 Fib higher. Since the May All Time High as within the 2.5 -3.0 Fibonacci extension, I expect the one on the current Cycle to be within 3.5 and 4.0. The average price on that is above $10 and that's what long-term buyers should be targeting! 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 is on the last leg before a 10x payoff!It is no secret that the Newscrypto Coin is one of my gems, I've been a buyer since day one and it has greatly delivered. Using the simple Fibonacci extension Channel rule, I've been able to calculate roughly the tops and lows of the price action, something I've sharing with you here for a year. It is time to make my update on NWC then as since my last post (see cart below), the price formed the pump and dump sequence, which during the previous phases has been a very strong buys signal.
There are also other technical and fundamental factors backing a potential rally, with a possible 10x return, so let's jump right on to it.
** Technical Analysis **
First of all we have to mention the Golden Cross on the 1D chart that is being formed today. During the previous two parabolic phases of NWC, that was at their very start. This makes it an extremely strong buy signal. This was something I've talked about on my August 03 analysis:
So the next and most logical question is if there's a really coming, how high can it go? Well as mentioned before, "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".
Parallel to this, we can make a measurement on the pump and dump fractal. The first peaked on the 4.0 Fib extension, the second on the 6.0 Fib ext. If this is also on an arithmetic progression then we can assume the next peak will be on the 8.0 Fib ext. That meets almost perfectly the 4.0 Fib of the Fibonacci Channel. Roughly calculated that is around $13.50 so more than 10 times the current market price!
** Fundamental Analysis **
From a fundamental point of view, the Newscrypto team have been doing steps to the right direction to ensure sustainability and back this price growth. The news just came out that they've rolled out Governance where users will be able to vote on news features and developments, being an active part of the NWC machine!
Also, stay alert as the Copy Trading platform will be out soon. A sneak peek video has been shared on their twitter page, go check it out.
Last but not least, the partnership with ElrondNetwork has spurred enthusiasm to the community! Common goal is to make onboarding of both users and capital to the world’s first internet-scale blockchain easier than ever.
It becomes obvious that NWC is well backed by both strong Technical and Fundamental factors. I've been very explicit in the past about the huge potential of the NWC and will continue to do so in the future. If you buy today, a 10x return on your capital is possible. Why miss out again on this opportunity?
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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 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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