Hello everyone, if you like the idea, do not forget to support with a like and follow.
NWC is overall bullish and approaching a support zone we will be looking for buy setups on lower timeframes.
on H4: NWC is forming a channel in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, NWC would be overall bearish can still trade lower inside the green support before going up, in this case, we will be looking for new buy setups there at a better rate.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich
Thanks for your homework pal, Saw you posted this on newscrypto platform as well, want to know your fundamental opinion on nws as compared to centralized platforms like tradingview for example?
TheSignalyst
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@shivstocks, thank you mate :D yes I believe in the NWC project. they are doing better than most of the projects. hopefully soon their actions will be translated into their token value