NWC USDDown trend breakout.
Bottom formation basin -- inverted head & shoulder.
First target 0.17 followed by 0.52
0.52 = IH&S extension target
NWCUSD trade ideas
NWC Long Breaking up huge triangleIt seems that NWC is ready for the break up. This should happen in this week or next. The target seems far away but is the lenght of the base of the triangle proyected at the breaking point.
✴️ Newscrypto 400% Potential Midterm (Daily TF Analysis)As I mentioned in the title, the potential goes beyond 400% mid-term but in truth the potential for this and other Cryptocurrencies is many times higher if we consider the bigger picture.
Newscrypto has been around for a while and the team behind it is very active, always working on promoting, building, growing their project as well as improving. At least that is what I can perceive from the outside.
Newcrypto (NWCUSD)
The first falling wedge pattern led to a ~365% bullish wave and this is when the market was still full of doubt and uncertainty.
We have a new falling wedge now after a very strong, long-term higher low. The market is many times stronger based on the fact that Bitcoin trades almost at $30k and Ripple won.
The next wave can be stronger than the last one but this is something that we will have to wait and see.
Honestly, I don't care if the peak happens at 300%, 400% or 600%, what I really care is that you get a great entry and in the end are able to say "I win".
Once you buy in low and wait for the breakout to take place, the rest is just to decide if you want to secure your profits right away or continue to hold for higher gains.
You can't lose trading spot unless you sell at a loss.
If things go bad, you can simply wait long-term until everything moves up.
The risk is high when doing margin or leveraged trading, the risk is very low when doing spot.
Again, my strategy is to buy and hold.
After I buy I wait long-term.
If my support breaks I wait and buy again when the bottom hits, accumulate and wait for the bull-market to sell when everything is hyped up.
There are many strategies, many ways to trade, it is your choice.
I am sharing my experience, hoping that you can adopt what you like and ignore what doesn't work.
Leave and take.
Not everything has to resonate.
We learn from experience, from mistakes but also from others.
Here I open myself, it is not easy but I do it anyway.
I would be rich now if someone told me in the beginning how to trade.
The information is available now.
The information is 100% free.
Use it to your advantage.
Make the most of your time.
Study, prepare.
Cryptocurrency is the present and the future.
Thanks a lot for your support.
I love you!
Namaste.
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Disclaimer: I am not paid to post this or any other trade idea. Everything shared in this channel is for learning and/or educational purposes only, not financial advice and 100% free of promotional material.
