On the long run, we can see that NWC has a lot of potential. There are two key levels that are being tested all the time. In my opinion the next time NWC goes for a retest (resistance level) it will break it and go further for the 3.point. Let me know what you think and stay safe
Ontology (ONT) has formed a double top which means that reversal will happen. There is a 20% gap between the neckline and the second top, which could lead to a 20% drop. Although we can expect it to go even lower, as the charting books say, if the double top forms we can see a drop to far below the neckline.
XLM has been performing badly since June 3rd when that down trend channel began forming. Nevertheless, it seems that bulls are defending the 0.058 level aggressively, so we can safely say that new strong support is forming. Since XLM touched that level it broke out of the current downtredn channel. I would suggest waiting for the daily candle to close above...
XLM has been one of the coins lately that has been a part of a recent strong push. We can see that it formed double bottom and broke the resistance that has been holding since the July 2019. This resistance has been tested quite some times and it seem unbreakable, how about now? The candle closed above the resistance and new one opened above, however it is ...
Tezos tried to exit the falling wedge again and got rejected. Lets wait and see where next candle closes, if it closes below the line we will see it cointinue in this "channel". If the next 4hr candle closes above the line we can see it run to the first target. Although i would be carefull here as RSI is close to the oversold area and the fact that it just...
Newscrypto just confirmed their integration of the PayPal payment system to purchase their tokens! This was confirmed with an article on CryptoDaily, Fundamentals are strong on this one, I think it can reach ATH again! A strong bounce of the current support level, shows us that bulls are defending it and the candles have exited the downtrend channel. Good buy...
NWC has been trading in downtrend lately, which can be a result of the BTC bad perfomance. It has also hit the historical support level, previously resistance and it seems that the bulls are defending it very strongly. We can see that daily candle already broke out of the downtrend (orange line) and above the support line, heading towards the resistance line....
On this NWC chart we are looking at two key levels. The gren on has been previously a strong resistance and has now turned into support and the bulls are defending it aggresively. The purple one, previously support, now became resistance, since the kucoin partnership, where the sharp increase in price occured, NWC has been trading in a slight downtrend channel...
Hi everyone We are looking at the 3H NWC/USDT pair. NWC has broken the downtrend line yesterday and it pushed up to the 0.04 USD where it got rejected twice. A small correction occurred, support level is being tested and the RSI is going towards the oversold area. I think that NWC is accumulating for another run and this is the best entry point as this support...
Hi everyone Bitcoin seems pretty weak these days, the last time it was rejected at 10k levels BTC dropped under the support area that has been holding since May 28th. Since then BTC started forming a possible inverse head and shoulders pattern. If the pattern would form this means that BTC would drop to 9100 levels, and then push again to 10k. RSI just left...
Newscrypto has been trading over the 0.035 resistance for almost a week. We can spot a pattern on nwc chart, two downtrend channels already formed and a rise afterward. Newscrypto is also announcing a partnership on Friday which will definitely positively affect the price. In my opinion, nwc will make a small correction and retest (maybe even break through) the...
Hi everyone VET has broken the uptrend channel on June 15th, but made a comeback later that day. Since then it has been trading near the support line and tested it for a few times (green box). As we can see from the RSI indicator, the market was in the overbought area. Each time VET was above 80 points, a strong decline occured and price fell. I believe that...
Newscrypto has been trading over the 0.035 resistance for almost a week. We can spot a pattern on nwc chart, two downtrend channels already formed and a rise afterwards. Also, RSI formed a bullish divergence with indicates that the buying pressure is getting stronger after each push. Newscrypto is also announcing partnership on friday which will definetly...
Hi everyone We can see that NEO is currently trading at the strong support that was previously a strong resistance and I think it will hold. If you look at the blue line I drew, we can see that NEO pumped really nicely, and then a perfect correction occurred, a retest on the strong support and i'm pretty sure neo will bounce off this support line. NEO 3.0...
Hi everyone Zil 4 chart show us how this coin pumped from 119 sats all the way to the 311 sats, amazing.. We can see a pattern in ZIL's growth. Each time it pumped, the token accumulated a bit and pumped again, look at the RSI. I believe we are in the same situation right now. Zil formed a downtrend and RSI is in the oversold area, which indicates that the...
Hi everyone tomorrow is an important day for NWC project, it is the last day for participants of the new Pool-x platform to get 50k nwcs for free, however, there is a smart trick before you get them, you need to hold at least 1000 NWCs, which will trigger people to buy NWC and with it increase the price. Lately, this project has been performing really well and...
Hello everyone Looking at tezos daily chart we can see that tezos has been in a downtrend since June second and we could say that the downtrend was a consequence of bearish divergence forming on the RS. XTZ has now come to retest the key support level. This support is holding April 24th and looking at the RSI being oversold its safe to say that this can be just...
Hey again If you followed my prediction from a few days ago you made over 50% profit! Newscrypto announced a new KuCoin event yesterday and bullish flag was confirmed! NWC also reached new ATH at the 0,048! What an amazing performance by NWC. Looking at the hourly chart now, we can see that once again, bullish flag started forming, guess what, history will...