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?
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
!! 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 ==> GJMRealEstate
--------------------------------------------------------------------------------------------------------
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?
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
!! 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 ==> GJMRealEstate
--------------------------------------------------------------------------------------------------------
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.