Market

NWCUSD $2 target reached. Time for the big bucks now! for KUCOIN:NWCUSDT by TradingShot

If you follow me for long, then you know that the coin I’ve been buying strongly is NWCUSDT . My secret gem hit the $2.00 that I’ve set on my two most recent posts, as shown below:

The question now for buyers but those who missed the train also is what the next target will be? I’ve personally set a medium-term target of $5.00 and in the Technical/ Fundamentals Analysis below, I will explain why.

** Technical Analysis **

As you see on the chart, NewsCrypto is replicating the aggressive parabolic move of July – August 2020. The LMACD is close to a Bearish Cross and if it fails, it will be exactly like on August 10. The CCI is also on the same Lower Highs break-out pattern of June – July. What followed after was a full month bullish wave within the 3.5 – 4.00 Fibonacci extension of the Channel Up that started during the consolidation phase (blue cup). If the same pattern is repeated then NWC can easily hit +5.00.

** Fundamental Analysis **

The great news don’t stop just on the technicals but are seen on fundamental aspects as well. Here are the main highlights, all of which are on NewsCrypto’s twitter page:

– The team has already deployed a testnet version of the DeFi platform and soon everything will be optimized for the mainnet version.

– BithumbGlobal has listed NWC .

– The much anticipated AI Sentiment tool will be released on May 5th! Free for all users! Brace yourself as it predicted XRP’s closing price within 2 cents!

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

——————————————————————————————————–

!! 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 ==> alanmasters

——————————————————————————————————–

Most Related Links :
todaybiznews Governmental News Finance News

Source link

Back to top button