Hay friends !
I made new view to NCASH at 4 hours timeframe & I want to share with you.
At first, please do not trade by beginners like me. I´m still learning.
Today, NCASH holded 380 Satoshi level very strong.
As I thought, this can be a start of downtrend channel.
Because 24h volume decreasing rapidly.
Do not trust talks about end of BTC correction. It´s really not confirmed yet.
In my opinion, BTC reversing right now . So I´m waiting, how will influence NCASH.
Next few days can be very interesting for trend decision at whole market.
At my chart, you can see, what happened by March 13, when orange and blue EMA was crosed.
For now it looks to happen second time at 4 hour timeframe, but in downward !
I really can´t determine, how lower can NCASH falls.
But around 0.382 FIBO very easily.
But it´s a pure speculation only.
..Nobody really knows .
I want to buy NCASH again, but in my opinion, it´s really not very smart now.
But only the future will show the truth : )
FIBO showing strong levels & sits quite perfectly .
Always click playbutton at rightside to refresh chart first.
That´s all and do your own research too : )
*This is not a financial advice.
*Only for educational purposes.
Best regards,
Mario Emvo.