NWC buy opportunity!
Updated
NWC has been trading in the downtrend for a while now.
However today they announced a new event that requires people to buy NWC.
They already did that once, look at what happened, I have marked it with a pink circle on your left.
Take a look at the second marked pink circle. I'm guessing that the long green candle is aready a consequence of the event.
If this event will be as big as the previous one, we can easily reach target 3, maybe even higher.
I suggest going long on this one.
However today they announced a new event that requires people to buy NWC.
They already did that once, look at what happened, I have marked it with a pink circle on your left.
Take a look at the second marked pink circle. I'm guessing that the long green candle is aready a consequence of the event.
If this event will be as big as the previous one, we can easily reach target 3, maybe even higher.
I suggest going long on this one.
Note
Seems like resistance at 356 sats was too strong and NWC plunged down to its strong support line at 290 sats. What will happen now? History suggests that i will bounce off.Lets wait and see. I still suggest going long.
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