LuckyTradez

Newscrypto - uptrend formed and descending channel formed

Long
KUCOIN:NWCBTC   Newscrypto / Bitcoin
Hi everyone

My favorite coin has risen over 180% since 2020, what a year and what else can we expect from this gem?

We can see that it moves in the uptrennd and it has retested the support line twice as well as form a double bottom and descending triangle which are strong bullish signals that were confirmed.

NWC is now testing the support line of the uptrend and descending triangle formed once again, in my opinion this is a perfect entry point here.

Alongside great TA, Newscrypto has also have had great fundamentals as they announced partnership with Visa previous week and they are among the first projects ever to offer an option to buy a crypto token with Visa payment option. They also mentioned that new partnership will be revealed in two weeks or less which will definetly positively affect the price.

Let me know what you think about Newscrypto in the comments
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