NWC, Buy opportunity
NWC has been underperforming for a while now and was in a downtrend channel for a while, however, since their announcement of the KuCoin event happening this friday, NWC managed to break the channel and 3 resistance levels.
It stopped at the 0,02745 usd and it was rejected a couple of times. As you can see NWC formed a bullish flag which indicates that the uptrend will continue as soon as the first candle breaks out of the "flag".
I suggest going long here because i dont see this resistance holding NWC for a long time.
It stopped at the 0,02745 usd and it was rejected a couple of times. As you can see NWC formed a bullish flag which indicates that the uptrend will continue as soon as the first candle breaks out of the "flag".
I suggest going long here because i dont see this resistance holding NWC for a long time.
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