Newscrypto has been trading over the 0.035 resistance for almost a week.
We can spot a pattern on nwc chart, two downtrend channels already formed and a rise afterward. Newscrypto is also announcing a partnership on Friday which will definitely positively affect the price.
In my opinion, nwc will make a small correction and retest (maybe even break through) the support line that has been holding for 6 days now, accumulate and then bounce off to the 0.042 resistance line. I don't see that resistance to hold for much longer, so we could see reaching the second target pretty soon. After reaching target 2 there is no more resistance levels, a freeway!
I suggest buying a NWC in the "buy zone".
Lets see where NWC takes us this time 😎
We can spot a pattern on nwc chart, two downtrend channels already formed and a rise afterward. Newscrypto is also announcing a partnership on Friday which will definitely positively affect the price.
In my opinion, nwc will make a small correction and retest (maybe even break through) the support line that has been holding for 6 days now, accumulate and then bounce off to the 0.042 resistance line. I don't see that resistance to hold for much longer, so we could see reaching the second target pretty soon. After reaching target 2 there is no more resistance levels, a freeway!
I suggest buying a NWC in the "buy zone".
Lets see where NWC takes us this time 😎