weslad

NWC targeting $22-$26

Long
weslad Updated   
KUCOIN:NWCUSDT   Newscrypto / Tether
NWCUSDT is currently on sub wave 1 of wave 3, which indicates a major impulsive move in progress. As shown on the chart, we expect the price to test out a trendline that has been acting firmly as both resistance and support earlier. This trendline is tagged with ITR, and we expect sub wave 1 of wave 3 to terminate around this zone.

We should keep holding our bags and if you are yet to pick some bags, do not miss the current dip opportunity to get it loaded.

We highlighted important support level to watch carefully for major price action, As shown on the chart, Immediate Support Level to watch is around $0.1339

If the above immediate support should hold we can have an extended M formation, where price will make a rally towards the top and break it again to complete the sub wave 1 of wave 3 before correction

Furthermore, it is good to note that failure of the above support level will lead the price to test either of the following levels as shown on the chart below, all these zones are very good area for more accumulation if price ever give the opportunity.

Our projection for the entire wave 3 is shown on the chart around 22-26, and it indicates a significant increase in price from current levels.

We believe that NWCUSDT has strong fundamentals and could potentially outperform the broader market in the long term.

As always, traders should use proper risk management and evaluate the market conditions before making any trading decisions.

To read more about my previous NWC post, you can check them here with each updates come with massive profit, do make sure to act now as not to miss out on the big run.

Thank you for reading, and we appreciate your engagement on this post.
Trade active:
Accumulation in progress for the next leg of major pump.

Trade active:
Accumulation in progress, next leg will push towards 0.25 zone


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