Newscrypto, Builds Strong Flag-Formation With Bullish Potential!

Hello Traders Investors And Community,

Welcome to this analysis where we are looking at Newscrypto's daily timeframe perspective, we are looking at the recent events, the current formational structure and what we can expect the upcoming times. Newscrypto already showed up with great bullish movements in the past as it established this strong impulse to the upside to the point where it is trading now and already shows up with important bullish signs within the structure, besides that Newscrypto announced fundamentally breaking news about the new app released from them with Crypto-Ratings, rewards within the app and also multiple portfolios to overview, this great news can also play into the bullish perspectives currently forming here and from the technical standpoint, I detected all the important levels and likely outcomes we should consider at the moment.

When looking at my chart you can watch there Newscrypto established this massive bull-flag-formation with the boundaries marked in blue, besides that Newscrypto recently already shown up with strong bullish volatility to the upside and testing the upper-boundary. This price-action currently showing up here indicating that the final breakout and confirmation will not be far away at the moment, this final breakout and confirmation of the bull-flag will show up when Newscrypto finally closes above the upper-boundary with a strong bullish move and what is likely after such price-action is a pullback to the upper-boundary before moving on with bullish pace. When Newscrypto shows up with the breakout the upcoming times this will activate minimum-targets marked in my chart in blue that will be highly likely to reach within the upcoming schedule.

In this manner, thank you for watching the analysis, have a good day and also good trading, all the best!
"Good luck is when opportunity meets preparation."

Information provided is only educational and should not be used to take action in the markets.