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NWCUSDT trade ideas

Newscrypto - retest and then ATHNewscrypto has been trading over the 0.035 resistance for almost a week. We can spot a pattern on nwc chart, two downtrend channels already formed and a rise afterwards. Also, RSI formed a bullish divergence with indicates that the buying pressure is getting stronger after each push. Newscrypto is also announcing partnership on friday which will definetly positively affect the price. In my opinion, nwc will make a small correction and retest the support line that has been holding for 6 days now and than bounce off to the 0.042 resistance line. I dont see that resistance to hold for much longer, so we could see reaching the second target pretty soon. Lets see where NWC takes us this time 😎
by LuckyTradez
2
NWC - symmetrical triangle formed!Hi everyone tomorrow is an important day for NWC project, it is the last day for participants of the new Pool-x platform to get 50k nwcs for free, however, there is a smart trick before you get them, you need to hold at least 1000 NWCs, which will trigger people to buy NWC and with it increase the price. Lately, this project has been performing really well and fundamental analysis, as well as technical analysis, are on their side. We can see that NWC coin formed a symmetrical triangle which by the books means that the price goes uppp! Also, looking at the RSI, we can see that bulls took a break and it indicates that NWC is accumulating for another run upwards. Look at what happened the last time when RSI was in oversold area... I was correct twice when drawing prediction for NWC, I think this time it won't is different. Let me know what you think and good luck!
Long
by LuckyTradez
2
Newscrypto (NWC) - new ATH, bull flag confirmedHey again If you followed my prediction from a few days ago you made over 50% profit! Newscrypto announced a new KuCoin event yesterday and bullish flag was confirmed! NWC also reached new ATH at the 0,048! What an amazing performance by NWC. Looking at the hourly chart now, we can see that once again, bullish flag started forming, guess what, history will repeat itself. Since there are no resistances here, once the event starts i dont expect any selling pressure. Also, RSI is oversold at the moment which is another great indicator that this is an excellent entry point. KuCoin event will start on Friday, June 12th and that is where i expect the price to explode again. Lets see if NWC can make new ATH in the next week.
by LuckyTradez
6
NWC, Buy opportunityNWC has been underperforming for a while now and was in a downtrend channel for a while, however, since their announcement of the KuCoin event happening this friday, NWC managed to break the channel and 3 resistance levels. It stopped at the 0,02745 usd and it was rejected a couple of times. As you can see NWC formed a bullish flag which indicates that the uptrend will continue as soon as the first candle breaks out of the "flag". I suggest going long here because i dont see this resistance holding NWC for a long time.
by LuckyTradez