NWCUSDT Short-term opportunity for a quick +20% profit

2021年11月22日

I rarely do short-term analyses on my crypto gem, the NWCUSDT, but this is too good to pass and want to share it with you.

** Technical Analysis **
NewsCrypto on the 4H time-frame has been repeating a very steady pattern since late September as it consolidates waiting for the huge end-of-the-year parabolic rally. As you see on the chart, every time it forms Higher Lows following a bottom after a sharp 4H drop, the price rebounds and reclaims at least the 0.786 Fibonacci retracement level. Right now this level is at 0.91350 so targeting 0.900 from the current levels would be more than +20% profit on a short-term basis.

Check also how those Higher Lows fractals are printing their own identical sequences both on the RSI and the LMACD indicators. The LMACD in particular is about to complete a new Bullish Cross formation and based on the pattern that is the start of the 0.786 Fib rally.

** Fundamental Analysis **
Technicals aren't all that matters especially in NWC's case. We all know that the coin sits behind very strong fundamentals and the team responsible is always keeping the platform up-to-date with the latest tools. Latest news include:

- Adding the finishing touches to what is bound to be the best Copy Trading Platform, the Mercury Trade! Best suited for traders who want to make money effortlessly.
- New updates coming on the DeFi Lending Platform, the Unchained Education Program, the NFT Marketplace and Trading Bots.
- New On-Chain tool providing traders with on-chain information to adapt their trading strategy and see when a trend change can take place.
- The Stellar-Polygon Bridge getting more popular and already offers trading wXLM on Polygon!
- The amount of burned tokens from Subscription fees have increased 12x since the release of v3.0 Platform update. 4 mio NWC left to be burned until the end of 2021!

** Conclusion **
Besides the usual strong long-term fundamentals, this time NWC presents short-term traders with an opportunity to make a quick +20% profit within days. Don't miss it and buy for $0.9000!



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