TradingShot

NWCUSDT Big buy opportunity based on the 1W MA100 and CCI

Long
KUCOIN:NWCUSDT   Newscrypto / Tether
I have never made an analysis on the 1W time-frame for my crypto-gem, the NewsCrypto Coin. Until now I never needed to but the emergence of the 1W MA100 on the field is too important to ignore and wanted to share with you this unique buy opportunity. On top of that, major announcements have been made today, all of which I analyze below.

** Technical Analysis **
As mentioned above, the 1W MA100 (green trend-line) has emerged on the technical center stage for NWC. Since the December 13 candle, the price is finding support on the trend-line, which is key to its long-term growth. The previous Low was also made on the 1.0 Fibonacci trend-line and the 1D MA50 (blue trend-line). On top of that, the 1W CCI is printing a bullish reversal (bottom) formation (green arrow) and the pattern that follows is that of the previous consolidation phase of August 2020 - February 2021 (1 through 4 legs). Both previous CCI reversal formations ended up with huge parabolic rallies of +1600% returns. A +1600% rise from last week's low could push NWCUSDT to 6.5000.

** Fundamental Analysis **
The good news don't stop on the technical outlook. Since yesterday, the Newscrypto team has announced its listing on both the MEXC Global and the MEXC Global crypto exchanges! This will help the token gain even more exposure to news investors and traders! High liquidity is sure to follow!

If you are a long-term investor those are the news both technically and fundamentally that you need in order to invest now. Don't miss this rare opportunity for a Quarter 1 Target of $6.500!



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