NWCUSDT Huge 1D Bullish Cross about to happen. Target above $10.
It is about time to update my view on my crypto gem, the NewsCrypto Coin as a lot has happened recently both from a technical and fundamental perspective. We are about to witness the single strongest bullish signal that NWC prints cyclically and all that backed up by strong fundamentals. But let's see this into more detail.
** Technical Analysis **
As I mentioned, the price is about to give the single biggest bullish signal it gives in every cycle and that's the MA20 - MA50 Bullish Cross on the 1D time-frame. This happens when the shorter-term 1D MA20 (red trend-line) crosses above the longer-term 1D MA100 (blue trend-line), indicating a trend shift from bearish to bullish long-term. Especially when it comes after the Accumulation Phase in each of NWC's Cycle, it is the last strong buy signal on 1D before the price takes off.
** Fundamental Analysis **
From a fundamental standpoint, the Stellar - Polygon Bridge, Newscrypto huge breakthrough on the big stage, has been running smoothly with this presenting excellent arbitrage opportunities. At the same time the team is going along with the big Facebook news, exploring Metaverse and how NWC can be connected on it. There are small updates here and there with an upgraded version on the NWC revolutionary Backtesting Bot.
Based on the above, with NWC continuing to run on strong fundamentals, I expect the 1D MA20/50 Bullish Cross to be the last buy opportunity before the price breaks easily its previous All Time High and jump two Fibonacci levels higher. As the chart shows, every Higher High on a Cycle basis is 1.0 Fib higher. Since the May All Time High as within the 2.5 -3.0 Fibonacci extension, I expect the one on the current Cycle to be within 3.5 and 4.0. The average price on that is above $10 and that's what long-term buyers should be targeting! Don't get left behind!
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** Technical Analysis **
As I mentioned, the price is about to give the single biggest bullish signal it gives in every cycle and that's the MA20 - MA50 Bullish Cross on the 1D time-frame. This happens when the shorter-term 1D MA20 (red trend-line) crosses above the longer-term 1D MA100 (blue trend-line), indicating a trend shift from bearish to bullish long-term. Especially when it comes after the Accumulation Phase in each of NWC's Cycle, it is the last strong buy signal on 1D before the price takes off.
** Fundamental Analysis **
From a fundamental standpoint, the Stellar - Polygon Bridge, Newscrypto huge breakthrough on the big stage, has been running smoothly with this presenting excellent arbitrage opportunities. At the same time the team is going along with the big Facebook news, exploring Metaverse and how NWC can be connected on it. There are small updates here and there with an upgraded version on the NWC revolutionary Backtesting Bot.
Based on the above, with NWC continuing to run on strong fundamentals, I expect the 1D MA20/50 Bullish Cross to be the last buy opportunity before the price breaks easily its previous All Time High and jump two Fibonacci levels higher. As the chart shows, every Higher High on a Cycle basis is 1.0 Fib higher. Since the May All Time High as within the 2.5 -3.0 Fibonacci extension, I expect the one on the current Cycle to be within 3.5 and 4.0. The average price on that is above $10 and that's what long-term buyers should be targeting! Don't get left behind!
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** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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