LuckyTradez

Newscrypto - bullish

Long
KUCOIN:NWCUSDT   Newscrypto / Tether
Hi everyone

We are looking at the 3H NWC/USDT pair. NWC has broken the downtrend line yesterday and it pushed up to the 0.04 USD where it got rejected twice.

A small correction occurred, support level is being tested and the RSI is going towards the oversold area. I think that NWC is accumulating for another run and this is the best entry point as this support line is too strong to break.

Newscrypto project will announce a partnership today which definitely positively affects the price, also staking just started yesterday which also triggered higher volume.

I think that the first target will be reached easily at 0.04 USD and since the fundamentals are strong we will most certainly reach 2. and 3. target.



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