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weslad
Apr 15, 2023 12:48 AM

NWC targeting $22-$26 Long

Newscrypto / TetherKuCoin

Description

NWCUSDT is currently on sub wave 1 of wave 3, which indicates a major impulsive move in progress. As shown on the chart, we expect the price to test out a trendline that has been acting firmly as both resistance and support earlier. This trendline is tagged with ITR, and we expect sub wave 1 of wave 3 to terminate around this zone.

We should keep holding our bags and if you are yet to pick some bags, do not miss the current dip opportunity to get it loaded.

We highlighted important support level to watch carefully for major price action, As shown on the chart, Immediate Support Level to watch is around $0.1339


If the above immediate support should hold we can have an extended M formation, where price will make a rally towards the top and break it again to complete the sub wave 1 of wave 3 before correction


Furthermore, it is good to note that failure of the above support level will lead the price to test either of the following levels as shown on the chart below, all these zones are very good area for more accumulation if price ever give the opportunity.


Our projection for the entire wave 3 is shown on the chart around 22-26, and it indicates a significant increase in price from current levels.

We believe that NWCUSDT has strong fundamentals and could potentially outperform the broader market in the long term.

As always, traders should use proper risk management and evaluate the market conditions before making any trading decisions.

To read more about my previous NWC post, you can check them here with each updates come with massive profit, do make sure to act now as not to miss out on the big run.


Thank you for reading, and we appreciate your engagement on this post.

Trade active

Accumulation in progress for the next leg of major pump.

Trade active

Accumulation in progress, next leg will push towards 0.25 zone

Comments
Shak-Crypto
Thank you so much for sharing another great analysis. I have seen this pumped from your recent analysis. I am sure it will pump more from looking at this chart.
Great Job!
weslad
@Shak-Crypto, Yes my brother, this is very reliable coin, all it required is proper accumulation zone.
Reeta_22
what's the plan now? is it still on? or should Exit?
miftahaligilang
again all your effort and hard work amazes me, i believe you're a great mentor
Crusade1Jay
For one reason or the other you have gained my trust. Thank you for sharing info's like this with us. Continue the good work. #NWC
SAcryptopak
Pro players ♥️
Trader1HS
perfect analysis bro. well played 👍
SwallowPremium
It well done! Great work, thanks for sharing!!)
mahbubz234
Ih&s just played it's role here if you see another flag then it will be better for us.
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