LuckyTradez

NWC - symmetrical triangle formed!

Long
KUCOIN:NWCUSDT   Newscrypto / Tether
Hi everyone

tomorrow is an important day for NWC project, it is the last day for participants of the new Pool-x platform to get 50k nwcs for free, however, there is a smart trick before you get them, you need to hold at least 1000 NWCs, which will trigger people to buy NWC and with it increase the price.

Lately, this project has been performing really well and fundamental analysis, as well as technical analysis, are on their side.

We can see that NWC coin formed a symmetrical triangle which by the books means that the price goes uppp! Also, looking at the RSI, we can see that bulls took a break and it indicates that NWC is accumulating for another run upwards. Look at what happened the last time when RSI was in oversold area...

I was correct twice when drawing prediction for NWC, I think this time it won't is different.

Let me know what you think and good luck!
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.