PorsTrade
Long

Bullish on ncash \ middel term swing

Hello everyone, finally we see some strength in the market again. It's probably more than just me wondering if this will continue its upwards momentum. Anyway, I'm pretty bullish right now and for the coming month
Ncash looking hot for a trade, im bullish on ncash long term but i also see a good opportunity for a swing trade here.

From what I can see on my chart now:
1. It have completed a trend divergence on the rsi bar.
2. We found support on the median (small pink line) on 20days bollinger after testing resistance.
3. Buttom of 100day bollinger act ass support and is around the same level as median on 20days bb. So i therefore expect strong support around these levels.
4. Ncash has never been cheaper then we can get it around this levels, Ncash is also a good project from long term. They allready have partner up with some big companys.

Target 1:
First target is to break the top of 20days bb around 250sat, if we can break and make this to our new support i then expect us to try for target 2.

Target 2:
If we can break 250 I then expect it to try to hit around 350sat as a middel short term trade where the median for the 100bb days are (Big pink line with green fild)

Entry:
Entry for me is 221

Remember: I'm not a financial adviser, this is just something I do and these are my opinions and thoughts :)

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