NCASH has broken out of the wedge is now testing fib resistance at 0.786. Interestingly on a larger time scale, NCASH has been forming a cup and handle pattern and has just broken above the pattern. The volume has been steadily increasing and a test of the previous support as resistance has happened. If anything we could see NCASH testing fib at 1.
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Assuming BTC won't retrace much more - here we are in a quite good spot to enter a long position. We still have some room to go. We also broke out from the big triangle and previous highs works now as a support.
Looks like a possible Head and Shoulders is forming on the 4 hr. RSI is floating around 53 with the MACD about to show some downwards momentum. Volume is not looking too great right now, I've set some stop losses and am waiting for this to play out.
Hi There, On the daily chart there is a possible double bottom for $NCASH. It is a coin with lots of hype and possible target to the moon as soon as the general market decides we are in a bull trend. 1)450 sats region became a good support and now looking for a new leg up. 2) RSI has room to grow. 3)MACD says BUY I'm expecting really great stuff from this...
NCASH is one of the new kinds on the crypto block. Already with a few stores testing this in India (or so they say), NCASH is making a name for itself. Let's see if they live up to the hype and begin some real implementation. So far, it's bounced nicely in 5 waves between a symmetrical triangle. I highly doubt the breakout will turn downwards, but then again,...
As you see we tried to break first resistance at 456 but we cant. But we try to break it one more time. If it will happen we can go up to next resistance which stay strong on 491 sats. but they tweeted for a surprise in 2 weeks. We know (from XVG) that kind of news cause fomo. I really have big expectations from NCASH in bullish season. Their team is so good....
Cup and handle formed, breakout pending. Buy - 430-450 satoshi Target 1: 480 satoshi Target 2: 540 satoshi Target 3: 650 satoshi Target 4: 850 satoshi Stop loss: 380 satoshi
What a lovely cup there is. Would you like to have some coffee Sir?
Waiting for uptrend confirmation. Ichi indicaor is bullish: TK cross is bullish, price is above Tenkan sen, Kumo cloud and Kijun Sen.
Daily Chart looks to be tightening up. 420 sats is that former resistance/now support level where the price keeps dropping to after pushing past it a few weeks ago. That being said, higher low's are being formed. I expect a move within the next week to the upside.
$NCASH shows inability to break resistance, yet bulls are not losing hope. Optimal entry for bulls: 380 Optimal exit for bears: 426