Newscrypto (NWC) - accumulating for another run
Hey everyone
Again with my favorite coin, NWC. We can see nwc is trading in the uptrend for quite some time now, the line tested multiple times and seems to be holding, so i do not see us dropping below the green line.
Also, resistance at 0.062 is holding strong and it stopped the bears from pushing the price lower. At the moment a new blue (candle) already formed which means that the bulls are defending the line.
Imo, this is the best entry point as i see NWC go for a retest of the resistance at 0.0737. After the resistance is broken we will see a highway to 10 cents, which wont be that far away.
Also, RSI is currently in th oversold area which means that NWC is accumulating for another run.
Again with my favorite coin, NWC. We can see nwc is trading in the uptrend for quite some time now, the line tested multiple times and seems to be holding, so i do not see us dropping below the green line.
Also, resistance at 0.062 is holding strong and it stopped the bears from pushing the price lower. At the moment a new blue (candle) already formed which means that the bulls are defending the line.
Imo, this is the best entry point as i see NWC go for a retest of the resistance at 0.0737. After the resistance is broken we will see a highway to 10 cents, which wont be that far away.
Also, RSI is currently in th oversold area which means that NWC is accumulating for another run.