Newscrypto NWC/USDT (Local Resist Breakout?)

23 ביולי 2020

NWC/USDT

-Finally broke the long term resistance at $0.029
-Made a retest and manages to hold above the new support area
-The 50D MA dynamic support acted in a strong area of confluence
-the price bounces up over 60% last July 9
-today, it has established another Higher Low for the 3rd time
-this is a good sign of strength keeping the trade above MAs
-We can also see the 200D MA is catching up
-As the price starts to move slowly to the north
-Bullish candle closes yesterday above local resistances
-If the current level will hold for the next 2-3 days
-Upside price action will likely to continue higher
-The key resistance needs to watch is the recent two wick candles at $0.0483
-I will update a new post idea once we have new developments
-For now, market sentiment is Bullish to minor consolidation

Newscrypto (NWC) is a token that grants Newscrypto users access to unique smart money movement analysis and empowers cryptocurrency mass adoption through its academic program.
The main focus of Newscrypto is to assist traders to achieve rational investment decisions using our platform features as guidelines.
The tokenomics behind the NWC ecosystem accelerate organic price and userbase growth.

Decisive Steps
In Development Of NewsCrypto

Q3/2020
Newscrypto advertisement service
Newscrypto video tutorials launch
Platform signal section