NWC IS A HIDDEN GEM!!!Hello Fellow traders and investors,
Today I have an altcoin that I believe will be one of the best performers in this bull run. I want to say this is not financial advice., but the evidence is overwhelming for me at least. I do believe it will be a lot more clear and decisive later this year.
Lets look at the chart, it's on the five day.
1 down trend has been broken
2 double bottom on the Gaussian channel
3 increased volume on rallies
4 Bullish divergence on many indicators.
Indicators from top to bottom
The RSI (relative strength) is showing a fairly strong bullish divergence
The MFI (money flow) is also showing bullish divergence is in a wedge pattern. This only on the 5 day, every other time frame has a higher high.
The WT Cross (lazy bear) also showing the moves have more and more strength behind them.
These factors show me that the bottom is likely in
and downside risk is fairly minimal
Why do I think it's going to do so well though?
1 There is evidence on other time frames (monthly) of heavy accumulation which I will touch upon on another chart. This says that NWC although had very strong price decline it's very likely just a corrective phase and will continue to new highs in due time. It also shows a lot of belief in coin by long term investors.
2 The platform, It has a functioning that works great. A lot of coins can't say that.
3 Staking, 70 % of the coins are staked on the network and it pays out at 25% potential.
I will add, that because of these the long term potential is very good, beyond just this bull run. Also, do your own research. Download the platform and use it. Take advantage of the staking.
Kind regards
WeAreSat0shi
Altcoingem
DEVVE Awaiting breakout to double digitsDevve, a layer 1 blockchain with 8m tps focused on ESG just launched and currently sits at a 15M market cap. It has has a French license and perfectly fits the institutional cycle we're in. Check their official website for more info.
Breakout is near with testnet launch in March. Already above downwards sloping resistance. A break of $1.50 would lead us towards ATH, which after retest would lead us towards $10. Current supply is only 20M coins.
If you read this during Feb/March 2024, you're early.
TIA - Celestia Incoming Rejection - Buy Opportunity Inbound!I believe Celestia sweeping the ATH (all time highs) will result in a rejection from the famous expanded B pocket at 21.5 USD. This in the macro scale is very bullish type of pattern so the C wave would be seen as a good buying opportunity for the start of the 3rd macro wave, the most bullish wave of an impulse.
Lots of money to be made in that wave, and the C wave pullback is the last buying opportunity for it.
How do you plan on navigating this? Will you buy more on the pullback or do you not have any TIA? Let me know in the comments.
-NewWave Traders
Delta Exchange token - worth a shot?DETO is the native token of the Delta Exchange. Fundamentally, very promising.
I also see a very nice technical setup in play right now. It has already been kinda half-invalidated by breaking out of the channel on the log scale, but it is still in it in the arithmetic one + sitting on a fat confluence zone.
So invalidation is very clear. Two main scenarios I see forming here.
Definitely more of a longer term trade here
Cheers!
Kucoin shares copy paste patternHello,
In my last update I was bearish on BTC, but BTC broke 54200 (hard global resistance) and broke down in dominance.
This means, also for historical facts, that "altseason" april .. is very possible. More traders know about April.. and it seems alts restore VERY quickly.
In this update, Kucoinshares. ATH $22, 2017. This coin can go a long way. I like Kucoin, they were hacked earlier this year but they recovered most coins ("fixed their stuff") and attracted a lot of new traders.
I see a chart "copy paste" pattern.. means I am quite bullish. Old triangle+ new triangle seem to hunt the upper line now.. and might break out. Bullish on KCS!
Best of this Coin; huge holding stake rewards.