Nwc analysis Nwc usdt analysis Time frame daily Price has hit to green line So, I guess decrease 20% Shortby Habib-Tafazoli0
NWCUSDT Trading updateNWCUSDT ready for potential 3x or more form the current trading price with price approaches very strong demand zone. The profit target area is shown on the chart. EnjoyLongby wesladUpdated 3318
Technical Analysis for Numerico (NWC/USDT) + TRADE PLANTechnical Analysis for Numerico (NWC/USDT) The price is showing a breakout potential at the top of the channel, which may signal a trend reversal. Descending Channel Pattern: Resistance: The upper trendline shows where the price has faced rejection multiple times. The resistance level is gradually declining. Support: The lower trendline indicates strong support, where buyers have consistently entered the market, preventing further decline. Breakout Potential: The price appears to have tested the upper trendline of the channel. The arrow pointing upward suggests the possibility of a breakout above the descending resistance, which would indicate a bullish reversal. Indicators: Volume: A spike in volume supports the possibility of the breakout. A breakout with increased volume is generally a stronger confirmation of the trend change. VMC Cipher B: This momentum oscillator shows a shift from negative to positive momentum, implying that the buying pressure is gaining strength. RSI (14): The Relative Strength Index is around 58.66, indicating that momentum is neutral to slightly bullish. RSI above 50 usually signals increasing buying pressure. Stochastic RSI: The stochastic RSI is currently in the overbought zone (91.21), which might signal some short-term correction, but the overall momentum remains strong. HMA+ Hist: HMA (Hull Moving Average) shows that the histogram is close to zero but shifting upward, which could imply a possible change in trend direction soon. Support and Resistance Levels: Immediate Support: $0.0719 (marked by the horizontal blue line). Resistance Zone: Around $0.0753 (upper edge of the channel). Great Entry Point: The label indicates that a long entry is ideal around the breakout zone, with an upward arrow suggesting that this level ($0.0721) could offer a solid risk-reward ratio for buyers entering before a potential upward movement. Trading Plan Entry Point: Enter the trade at the breakout above $0.0721 (highlighted as the "Great Entry Point"). If the price closes above this level on the 4-hour timeframe with significant volume, it will confirm a bullish breakout. Stop-Loss: Place a stop-loss slightly below the recent support of $0.0719, at approximately $0.0690, to minimize risk in case the breakout turns into a false breakout. Profit Targets: First Target: $0.0800 β This level aligns with a previous resistance zone and would be a conservative target for short-term traders. Second Target: $0.0850 β If momentum remains strong, the price may continue toward this higher level of resistance, providing a larger reward. Risk Management: Ensure a risk-to-reward ratio of at least 2:1. For example, if the stop-loss is set at $0.0690 (risk of approximately 3%), aim for the first target at $0.0800 (a reward of approximately 10%). Use position sizing techniques to risk only 1-2% of the portfolio per trade, to ensure long-term sustainability and avoid major losses in case of unexpected market moves. Monitoring & Adjustments: Watch for volume confirmation during the breakout. If the volume diminishes, consider closing the position early, as it may signal a weakening breakout. Adjust the stop-loss to breakeven once the price hits the first profit target, ensuring a risk-free trade for the remaining portion of the position. Conclusion: The technical analysis for NWC/USDT suggests a bullish breakout from the descending channel pattern, with indicators supporting a potential upward move. Entering at the breakout level of $0.0721 with proper risk management offers a promising opportunity, especially with a positive shift in momentum. Longby elfabiiani110
NWC IS A HIDDEN GEM!!!Hello Fellow traders and investors, Today I have an altcoin that I believe will be one of the best performers in this bull run. I want to say this is not financial advice., but the evidence is overwhelming for me at least. I do believe it will be a lot more clear and decisive later this year. Lets look at the chart, it's on the five day. 1 down trend has been broken 2 double bottom on the Gaussian channel 3 increased volume on rallies 4 Bullish divergence on many indicators. Indicators from top to bottom The RSI (relative strength) is showing a fairly strong bullish divergence The MFI (money flow) is also showing bullish divergence is in a wedge pattern. This only on the 5 day, every other time frame has a higher high. The WT Cross (lazy bear) also showing the moves have more and more strength behind them. These factors show me that the bottom is likely in and downside risk is fairly minimal Why do I think it's going to do so well though? 1 There is evidence on other time frames (monthly) of heavy accumulation which I will touch upon on another chart. This says that NWC although had very strong price decline it's very likely just a corrective phase and will continue to new highs in due time. It also shows a lot of belief in coin by long term investors. 2 The platform, It has a functioning that works great. A lot of coins can't say that. 3 Staking, 70 % of the coins are staked on the network and it pays out at 25% potential. I will add, that because of these the long term potential is very good, beyond just this bull run. Also, do your own research. Download the platform and use it. Take advantage of the staking. Kind regards WeAreSat0shi Longby WeAreSat0shiUpdated 7720
Long trade setup NWC We have head and shoulder pattern formation on $NWC. Expecting a raise of 20% after right shoulder formation and retest. Longby saadat29300
DO not miss this GEM, NWC preparing for Huge RallyGreetings, While exploring the web for potential GEM coins, NWC crossed my mind. We're all aware of its significance and reliability, having generated considerable profits in previous years. Now, the time has come to once again benefit from the potential of this remarkable GEM. NWCUSDT operates within the educational, AI, and GameFi sectors, boasting a market presence of approximately four years and listings on over ten exchanges. It's remarkable to witness the team's continued activity even amidst bearish market conditions. Moreover, what truly captured my attention is the substantial portion of the team's token holdings locked until 2028, constituting a significant portion of the circulating supply. The fact that NWCUSDT has established partnerships with industry giants like Binance and Bybit further underscores the significance of this GEM. NWC displays complex structures, with more than four patterns identified on a single coin. We will discuss each pattern and highlight their opportunities for investors and traders. 1. Rounding bottom reversal pattern NWCUSDT demonstrates a rounding bottom reversal pattern, suggesting a transition from a downtrend to an uptrend. This pattern often signals a shift in market sentiment towards bullishness. 2.Wave Count shown strong uptrend in the making Through wave counting, a strong uptrend in the making is identified. This analysis technique helps assess the momentum and direction of the market trend, providing valuable guidance for traders 3. Ascending Channel Formation An ascending channel formation is observed, indicating a bullish trend characterized by higher highs and higher lows. This pattern can offer potential entry and exit points for traders. 4. Potential ISHS formation The presence of a potential ISHS formation suggests a reversal from a downtrend to an uptrend. Traders may anticipate price movements based on the completion of this pattern, potentially indicating a bullish outlook for NWCUSDT. In each of the aforementioned patterns, the endpoint is compelling, presenting significant bullish opportunities. The indicated Accumulation zone holds crucial importance for substantial and robust buying opportunities. For ISHS structures, it's advisable to set stop losses below the Head area. Profit targets range from immediate targets, such as the ISHS target area, to the primary setup target around the $117 area. It's essential to note that this perspective is long-term and not expected to materialize overnight. We would greatly appreciate your contributions in the form of likes and comments. Thank you.Longby wesladUpdated 303090
NWCUSD 1WNWC ~ 1W π #NWC Buy Price in the accumulation zone. Make purchases gradually from this accumulation zone, with a minimum target of 20%+Longby CryptoNuclear10
NWCUSDT - Catch The Trend Opportunity NWC market cap is under $30 Million at the moment, what we have seen so far is that breakout from falling wedge pattern and retest, also triple bottom or Head & Shoulder which was strongest Demand zone as well. I personally don't see price is going back to the demand zone for now. Accumulation phase has been done, currently its consolidating above the neckline. soon, we are going to see public Participation phase. you should have it in your portfolio Low cap GEM! Thank you for Reading Longby RazaKhan07Updated 8
202403 - NWC LongLong - breakout resistance zone, time to fly now. Expect target 20-30-50% Longby Rockybullcrypto115
$NWC is an easy x5 gem from current breakout position, strong FAI see that NWC is out of accumulation and will be making a historic bull run Company updates: - Hired 25 new blockchain developers (plan to hire 25 more by the end of 2024) Team enlargement is the green flag . - They are entering the space with a product that combines several fundamentally strong aspects of blockchain. green flag - Teasing with GameFi narrative for last few days - More After breaking 0.16 we will see other targets (0.34 and 0.51) that I have marked on the chart Best regards EXCAVOLongby EXCAVO2243
Nwcusdt buy opportunityNWCUSDT displays remarkable strength, rebounding from the 0.042 low and forming a possible round bottom reversal. The anticipation is for a continued rise. Follow the suggested stop loss and embrace the trade. Your support with a 'like' is appreciated. ThanksLongby wesladUpdated 8833
β΄οΈ Newscrypto | Full Analysis (3-6 Months Price Projection +ATH)Here is another signal that is a bit unconventional but that works pretty well... A simple line. We are looking at Newscrypto (NWCUSDT) on the weekly timeframe. Notice the orange line, the "support base" line. This level was activated around December 2022 and all the proceeding action happens above it. This turns it into a very important level, a place to start. Any trading above this level, which has been tested 5-6 times within a year and holds, can be considered strongly bullish. If we are looking for a technical stop point for a trade we can use the "market bottom" hit on the 6-March session, here 0.042065. But when it comes to the overall potential of this pair, the chart, the "support base" works better. The targets can be seen on the chart and they go as follows: 1) 0.141464 (130%) 2) 0.289464 (370%) 3) 0.437464 (610%) Now, this is only within the next 3-6 months... Long long-term, from now through mid-2025, the growth can be many, many times higher. We are talking about new All-Time Highs all throughout the Cryptocurrency market. For example, a new ATH for this pair can hit around $5.91, just to give you an example. If you calculate the current price vs this projection, growth potential totals 9,447%... I know, big numbers but some Altcoins such as Injective, Taraxa, Ordinals, DeepBrain and many, many, many others already grew 2,000% to 5,000% and we are just in the recovery phase. This is it for now... Knowing this, how will you prepare? It is up to you to make the best you can out of this information. See you on the next chart. Namaste.Longby AlanSantanaUpdated 3324
NWCUSDT 4H Golden Cross leading it to $0.20!Following the very accurate short-term buy signal we gave on NWCUSDT last week (see chart below), it is perhaps the most appropriate time to update our view as not only is the price technically testing the 1D MA100 (green trend-line) after a completion today of a 4H Golden Cross, but also fundamentally there are strong news empowering the project: ** Technical Analysis ** NWC easily hit our 0.073350 short-term target, offering a solid +25% profit since last week's analysis. As mentioned, it is ahead of a critical 1D MA100 test but the most important technical development is the completion of a 4H Golden Cross, which is the 4H MA50 (blue trend-line) crossing above the 4H MA200 (orange trend-line) for the first time since March 24. As you can see on the chart, the 4H MA50 has been supporting since August 03 and that has created a Rising Wedge pattern. A break above this pattern will immediately be a break above both the 0.382 Fibonacci level as well as the key Resistance of the 1D MA100. That will be the best confirmation to buy and we will target 0.11000 (0.618 Fibonacci level) and in extension 0.2000 (previous market High and current long-term Resistance). Any pull-back after that break-out will be a buy opportunity, as the price never looked back following the last 4H Golden Cross on its way to $0.2000. ** Fundamental Analysis ** From a fundamentals perspective, the latest news evolve around the Mercury Trade platform, the prestigious program which is adding high value to NWC. Mercury's burning event along with the $10,000 trading challenge are among the news dominating the market with specific mention also to AI updates on AI bots. In our opinion, these are strong and sure steps to the right direction for the project as a whole as the team is taking good care of assuring investors that NWC is on the right path with regards to a safe, sustainable and profitable future. ** Conclusion ** The market is giving all the right signs that a +170% is being staged and the confirmation signal will come upon breaking the 1D MA100. We have already called our target $0.20 weeks back and our perspective is unchanged. There is no better time to buy NWC than now as the price is still low. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot3318
NewsCrypto NWCThe legendary NWC is back in the game, all my subscribers remember the incredible pump we rode in 2021. Now I see that NWC is in long-term accumulation and has approached the zone of interest, and the probability of repeating the same pattern is high, because according to fundamental analysis, We are waiting for: - new partnerships with exchanges to be revealed (usually supported with token burn) - new product updates (on Mercurytrade); they are quite mysterious which always means for NWC; HUGE - updates on their AI section (already AI trading bots up to 72% win rate and improving) - already revealed new Roadmap for 2023-2030 (7 years!); inovative in short WOW and look at this ππ» - twitter.com According to TA after the breakout of the red resistance zones, I expect 0.382 and 0.5 lvl fibo I buy NWC with 10% of my portfolio Best regards EXCAVOLongby EXCAVOUpdated 101056
NWCUSDT Excellent buy opportunity for quick +25% profit!!The NewsCrypto coin (NWCUSDT) is having a strong day so far making an attempt at the 1D MA50 (blue trend-line). The project has overall huge upside potential and our thesis is that it's a long-term investment. Regardless of the long-term, the solid latest fundamentals, call for an immediate buy, and potentially a +25% rise from the current levels. Let's have a look at both the technical and fundamental aspects of NWC. ** Technical Analysis ** As mentioned the price is making a run on the 1D MA50 today, a trend-line that has been intact since June 23, which is at the top of the mid-April Channel Down. As you can see, there is a high degree of symmetry between the current Channel Down and the one from August 24 - December 29 2022. Both had a 1D MA50/100 Bearish Cross and both fit inside a giant Rectangle pattern and with the help of the Fibonacci retracement lines, we can identify which level of symmetry we are at. At the moment the price has hit the final Symmetrical Support Zone (green) before the bottom of the Rectangle (Support 1) and technically we should see a short-term (at least) rebound towards the 1D MA100 (green trend-line). That is an important Resistance, which on the previous Channel Down had three clear rejections. It appears that only a 1D candle close above the 0.382 Fibonacci level, accumulates high probabilities of delivering the next big rally near $0.20. ** Fundamental Analysis ** NWC isn't new to the crypto world. As mentioned its future is bright but so is its history, which since 2019 has offered amazing partnerships (Kucoin, Polygon, Travala, Gate, MultiversX, Chainlink to name a few), burned millions of NWC, made great developments on its app, entered the AI sector and eventually named no 1 educational crypto project according to Coinmarketcap. It is in our opinion the latest 2023 developments (84M tokens locked which is1/3 of total supply, $1m in airdrops and new partnerships) that have caught the eyes of the general public and investors. The have announced that there is a new huge partnership on the horizon and I am not mentioning their MercuryTrade project that is shaking some ground already after its launch! ** Conclusion ** It is more than obvious that these strong fundamentals can be the drive behind the next rally on NWC. For the time being, the technicals are giving a strong short-term buy alert with profit potential of +25% from the current price! We are long, strong and targeting 0.073350 (potential contact with the 1D MA100 below the 0.382 Fib). ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot3312
NWCUSDT Triangle's accumulation sets 0.2500 target upon breakoutOne of our top gems, the Newscryptocoin (NWCUSDT) is flashing the last early buy signal before a break-out that will lead to an April like rally. It is not just its huge upside potential and our thesis as a long-term investment but the solid latest fundamentals, call for an immediate buy, and potentially a +150% rise from the current levels. But let's take if from the top and have a look at both the technical and fundamental aspect surrounding NWC. ** Technical Analysis ** As you see, NWCUSDT has been trading inside a long-term Ascending Triangle since the March 10 market bottom. It's last Low was formed exactly on the 1W MA50 (yellow trend-line), the former Resistance of the Bear Cycle and what should now be treated as a Support. Since that Higher Low, it entered into a short-term Triangle. With the price already twice above the 4H MA200 (orange trend-line), once the Triangle breaks, we expect an aggressive rally first to 0.19850 (Resistance 1) and if we get a closing above it, then extend to the 1W MA100 (red trend-line). Current estimates show potential contact with the 1W MA100 at 0.25000, so that's our medium-term Target. Notice how the 1D RSI has been rising on Higher Lows, similar to the first Low of the Ascending Triangle. On both Lows, the 1D RSI rebounded around the 36.00 level. ** Fundamental Analysis ** The incredible news for NWC don't stop there. The team just revealed moments ago the first part of the New and Improved ROADMAP! This is Day 1 out of 14 and they revealed: 1. Partnerships with major exchanges, already signed and confirmed! 2. Offline and online educational programs. Doubling down on our efforts! We such encouraging news early on, we can't imagine what NWC has in store for us in the next 2 weeks. ** Conclusion ** All this forms a very bullish mix of technicals and fundamentals that make the 1W MA100 test at 0.2500 a very plausible target on the short-term. We won't stop there and as long-term investors ourselves, will hold this gem for levels even much higher than $1.00. Stay tuned as we will be analyzing NWC's journey frequently! ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot6616
NWCUSDT Inside the Buy Zone, can give +200% PROFIT from here!The Newscryptocoin (NWCUSDT) is a hidden gem. Not only does it have a huge upside potential as a long-term investment to buy and hold over the years but even on the shorter term, it displays technical attributes, which mixed with the latest core fundamentals, call for a +200% rise! ** Technical Analysis ** Let's begin with the technical analysis on the 1D time-frame. As you see, the price rebounded after hitting the 1W MA50 (yellow trend-line), which has been the Resistance during the 2022 Bear Cycle since November 26 2021. Technically, that is the long-term Support during uptrends. By doing so, it held the (green) Buy Zone made by the Higher Lows trend-line, which spearheaded the April rally. The 1D MA200 (orange trend-line) is just below to support if needed but the real test is the 1D MA50 (blue trend-line) where yesterday's strong spike stopped. A closing of a 1D candle above it, gives the technical bullish confirmation for a new rally. The obvious target is Resistance 1 (0.198550) but we expect the buying accumulation to lead to a Higher high and the final MA barrier, the 1W MA100 (red trend-line). Our target is therefore $0.28000, which represents a +200% profit from the current levels! ** Fundamental Analysis ** The good news for NWC don't stop there. On April 14, NewsCrypto entered into a journey of 100 days, starting a $1000000 airdrop campaign, which will last 100 days (April 14 to July 23). But this is not just an airdrop campaign. As I said they entered into 100 days of journey, where they will announce the biggest development updates, new products and partnerships until now! In the 4 week period (since the start of the airdrop) they have already announced: - Team wallet locked until 2028. This is an announcement that shows their team and project is here to stay for the long term. Being live since 2019 and been working since then, it did not stop in the bear market, but rather continued building and developing. - First burn in 2023 - burned 1M NWC tokens! - Second burn in 2023 - again burned 1M NWC tokens! This is just the beginning and the most important news are yet to come! Rumor has it that new products will be announced, a lot of partnerships with established crypto companies and more! You can find all about those announcement on their website and twitter page. ** Conclusion ** As you realize from both the Technical and Fundamentals aspects, the NWCUSDT is poised for a wild ride this summer. It is one of our top crypto gems and objectively by the end of the year it can eye $1.00. Long term holders will be greatly rewarded! The current price is too cheap and this won't last for long! Don't miss this opportunity! ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot2213
NWC targeting $22-$26NWCUSDT is currently on sub wave 1 of wave 3, which indicates a major impulsive move in progress. As shown on the chart, we expect the price to test out a trendline that has been acting firmly as both resistance and support earlier. This trendline is tagged with ITR, and we expect sub wave 1 of wave 3 to terminate around this zone. We should keep holding our bags and if you are yet to pick some bags, do not miss the current dip opportunity to get it loaded. We highlighted important support level to watch carefully for major price action, As shown on the chart, Immediate Support Level to watch is around $0.1339 If the above immediate support should hold we can have an extended M formation, where price will make a rally towards the top and break it again to complete the sub wave 1 of wave 3 before correction Furthermore, it is good to note that failure of the above support level will lead the price to test either of the following levels as shown on the chart below, all these zones are very good area for more accumulation if price ever give the opportunity. Our projection for the entire wave 3 is shown on the chart around 22-26, and it indicates a significant increase in price from current levels. We believe that NWCUSDT has strong fundamentals and could potentially outperform the broader market in the long term. As always, traders should use proper risk management and evaluate the market conditions before making any trading decisions. To read more about my previous NWC post, you can check them here with each updates come with massive profit, do make sure to act now as not to miss out on the big run. Thank you for reading, and we appreciate your engagement on this post.Longby wesladUpdated 252564
BIG PUMP INCOMING ON NWCUSDT!!!!!!!!Good day all, As I was checking through my coin list and discovered huge opportunity for you guys. NWCUSDT has perfectly completed its correction and it is time for major rally. Are you ready to be part of this big move?? Spotted huge Bullish divergence which had been forming since January 2022. This worth acting on and begin accumulating the coin for major and serious move incoming. NWC has many incoming major releases which will spark the market and skyrocket the coin. My immediate and short term target is at least x7 from the market price. Also, it was observed that the coin currently exhibit a bullish harmonic pattern after price reached all time high on 3rd of May, 2021 and since then correction set in. The correction phase now completed 5 waves leg, which signal the strong end of the drop. Since the Harmonic structures always precede the next major moves of market. The accumulation phase has now begun. Moreover, also observed a strong rising channel pattern, which later breakdown for correction and counting the corrective waves, it already showcases five (5) downward waves and this is nothing but the end of the correction. As a result of this, Buying the current level will not be a bad idea with target towards the next important resistance zone. To back it all up , we extract some wonderful fundamentals that will gear up this massive upside rally for the coin in the few days and for basics long term perspectives. This fundamental was categories into two forms, which are basic daily use of the coin and partnerships with other big firms: Firstly, Beta of their most anticipated product, a copy trading platform called Mercury Trade, went live on August 1st. The full version is a few weeks away from launching. This is huge news for $NWC, as copy trading platform will bring another revenue stream for them, which means they will be one of the few projects that actually make money. Secondly, $NWC has also been made available to store and manage on Coinbase Prime and Coinbase Custody Trust. This means that institutions and business accounts can now invest in $NWC. Close to Coinbase listing? I think so. Then, their latest partnerships are: Bybit: Creating an academy section about leverage trading in partnership with Bybit. Again, another exchange where $NWC can potentially get listed. Enjin: They will bring their whole trading and educational ecosystem in a virtual world in a partnership with Enjin. What that means is that they will create a whole new metaverse called Newscryptoverse, where youβll be able to have your own virtual office, socialize with other users, access knowledge in an interactive way and so much more. StackOS: StackOS is a multi-chain decentralized cloud, where you can run high-traffic apps like dApps. Their Stellar-Polygon bridge, which they created in a partnership with Polygon, was deployed and runner on the StackOS platform, making it even more decentralized, flexible and resilient. We believe putting all these together will really enhance a strong immediate and long term effect for the coin. Do make sure to pick your bags and load as much as you can. Wish us all a successful trading.Longby wesladUpdated 3131102
#NWC has 100 % for short position.Profitable crypto that has above 3000 % in future after touching support zone. You can take position long after touching support zone but, at the moment you MUST consider short position by the end of the short position.Shortby satooshi1242Updated 335
NWC - Wait For The Correction!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NWC is overall bearish trading inside the red channel. However, it is now approaching a strong demand zone in green and the lower trendline in red so we will be looking for buy setups. For the bulls to take over, and start a correction, we need a break above the gray zone. Meanwhile, until the buy is activated, NWC would be overall bearish and can still trade lower inside the green demand zone where we will be looking for new buy setups. Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst9913
NWC - Short-Term and Long-Term View!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for NWC. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich02:02by TheSignalyst101010
NWC - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NWC is sitting around a strong demand zone in green so we will be looking for buy setups. on DAILY: NWC is forming a channel in red and a double bottom but it is not ready to go yet. Trigger => Waiting for a momentum candle close above the last high in gray to buy. Meanwhile, until the buy is activated, NWC would be overall bearish and can still trade lower inside the green demand zone. Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst6614