coinswitch-trading

NCASH-(NCASH/BTC)

Long
Nucleus Vision offers an IoT based protocol that lets retail stores identify users the minute they step into the stores and customers services for them.
There is an upcoming catalyst for the asset that is the launch of Nucleus' product in North America is scheduled for Q1, 2019 with an estimated 25,000 ION sensors deployed.
It might affect nucleus vision price analysis so let's analyze the daily Timeframe chart of the pair to know levels to buy for upside potential.
NCASH has been consolidating for more than 2+ months after moving down for more than 100+% since last year. There is an upcoming catalyst for the asset which might affect the NCASH/BTC pair in the coming days/weeks.
We can see the price reaching support level 0.00000039-0.00000042 satoshi where interested buyers can look for these levels to enter for safe entry.
If the 0.00000039-0.00000042 satoshi level is not held then one can look for buying around 0.00000032-0.00000029 satoshi level with a tight stop-loss.
Sellers can look for two potential resistance zone around 0.00000068-0.00000071 satoshi to book profits. Also, it has been trading below the 200D-SMAs and inside Ichimoku cloud, which is slightly bearish with STOCH-RSI indicator in the overbought zone.

Caution: If the last line of support 0.00000032-0.00000029satoshi level is broken then one should not hold the coin as it would be strongly bearish for the asset.
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