TradingShot

NWCUSDT Wallet Announcement can push it above 0.30 within a week

Long
KUCOIN:NWCUSDT   Newscrypto / Tether
On Wednesday I posted the following analysis on the NewsCrypto where I compared the current Channel to the one during July:


This was the day NWC received an 'A' rating on its latest Audit. Today we have even bigger news but let me first start with the technical aspect of the coin.


** Technical Analysis **
As seen on the chart, NWCUSDT has completed the (f) leg (on the 4H chart), which according to the July Channel is the 0.382 Fibonacci Higher Low. If the same pattern and investors' behavior is repeated then the price should reach the 1.000 Fib at 0.2600 and within a week make a Channel Up Higher High above 0.3000. That would complete the (g) leg.

Also on the 1D chart, the LMACD is about to make a Bullish Cross. Every time that takes place within Triangle patterns, a strong rise follows. So be on the look-out for that Cross.


** Fundamental Analysis **
Wonderful news for NWC only a few days after the 'A' rating on its latest Audit. Today they announced the NWC Wallet for 25/09/2020.

This will allow traders to:

* Receive, send and store NWC.
* Check balance and past transactions.
* Android version.

Note that iOS version and internal wallet staking will be available in future upgrades!

Clearly we are a few ticks away from higher prices and the platform makes every week the right steps towards fortifying investors' interests and attract more capital. NWC remains onw of my top picks for extraordinary gains in the coming weeks/ months.

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

👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot

🔥New service: next X100 crypto GEMS!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.