✴️ 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.

Comment:

Bullish breakout confirmed!
Still pretty early on this one... Growth potential is huge mid-term.