AzizKhanZamani

NWCUSDT Apex|Equilibrium|Demand Zone|Local Range|Volume Profile

Long
KUCOIN:NWCUSDT   Newscrypto / Tether
Evening Traders,

NWCUSDT update, trading in a equilibrium closing in on its apex, a break will be imminent.

Points to consider,
- Trend higher lows (Dynamic Support)
- Valid demand zone (wick candle closes)
- Price Apex (Support and Resistance converging)
- Local Range
- Volume profile increase

NWCUSDT’s immediate price action is trading in equilibrium, price is close to its apex thus a break will be highly probable.

The trend is making and holding its higher lows on dynamic support. A break down into demand zone is a valid trade location.

The volume profile has increased significantly, this is indicative of more trading activity and a probable floor being established due to recent huge price expansion.

On a fundamental scale – NWCUSDT has had a big announcement – NWCUSDT WALLET to be launched on the 25/09/2020.

This will allow all users to successfully receive, send and store their new NWCUSDT token. User also has the capabilities of checking their balance and transactions.

This is currently only available on the Android, future iOS version and staking will come to fruition.

Overall, in my opinion, price is imminent to breakout of its apex; there are clear technical levels that are likely to get tested. Fundamentally, NWCUSDT has taken another leap to attract investors and most importantly traders of the crypto community. Price has a high probability of gaining momentum when taking out range high.

One to keep an eye one!

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