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Ncash

NCASH simply Loves Pennants.Hey, I am back with another Technical Analysis this time looking at NCASH. Nucleus Vision is an IoT & Blockchain based, contactless identification system, using $nCash cryptocurrency to enable transactions across retail ecosystem. That was in short about NCASH. Taking look at the chart. There is a third Pennant breakout Pattern that has formed in a row, with strong uptrend. Taking look at Indicators. MACD shows few sellers now as before, slowly turning, still can fall to zero te become fully bullish. RSI is above 50, where it found support remaining bullish for now. Stoch shows bullish divergence. I think thats about it. Hope I made your view on whats going on with NCASH somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
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by TiborVrbovsky
1
Ncash Using Only Trend Lines No Indicators! Ncash has been on a clear uptrend since mid March. In this analysis I am only using trend lines to figure out where the price will go. Currently we are being rejected by the trend line we just hit. I've drawn a dotted arrow to indicate that the price could retrace back to the bottom trend line. I don't think it will retrace however because we are forming a bull pennant. Of course we should always be cautious in case of failure. If we do break to the upside then the blue line is my target to sell. You'll notice that I've draw two additional trend lines above the target. Those are there to give an idea where the price can go if the upwards trend is strong. Now usually when you draw your trend lines you connect the lows with the lows and the highs with the highs. That's exactly what I did but if you look around at those two top trend lines they are not touching any price at all. So how did I get those lines? First I drew my bottom trend line. From there I simply cloned it and connected the other price movement. I didn't have to adjust the lines at all, the price was already parallel with the bottom trend line. You will also notice that the lines are almost exactly evenly spaced. I didn't do that purposely that's just how the trend is. So because we know the lines are parallel as well evenly spaced, we can just evenly space the next lines we draw.
NLong
by bensonwithin
NCASHBTC - Long - 32% ROI - Risk/Reward 6:1If you missed the initial break out, there is still an opportunity to enter using a LIMIT order to BUY should price re-test the consolidation zone: 1. Valid break-out pattern with a clear consolidation zone 2. Smaller time frame patterns have hit profit targets = trend continuation 3. High return on investment (32%) with massive 6:1 risk/reward Enjoy. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
NLong
by hedgewithcrypto
2
NCASH Gearing Up for MovementQuick TA on NCASH - Following the massive breakdown on NCASH, we have found ourselves in a falling wedge pattern. The likelihood of this pattern breaking upward is higher than it breaking down from here, but keep in mind we have a 25-35% risk that it could go lower. Tendencies of this pattern include false breakdowns/breakouts. These fakeouts will be outside of the wedge , so be ready to take a position going the opposite way once the fakeout hits. I've noted some potential price points depending on when the fakeout occurs. Keep in mind this is not financial advice, but how I might be playing my cards Good luck
NLong
by jakewiedower
2