NCT Potential move to .618

NCT is at support again.

Previous 4 times it was at support, it has pumped to at least the .618 fib shortly after.

.618 fib is around the DailyMMA20

If btc plays nice for the next few days, target: .0545

Not financial advice, just identifying a pattern.

コメント:

This is what happens when you don't realize that tradingview doesn't have the entire history of an asset. Coinmarketcap has what seems to be the entire history of NCT dating back to ~2018. So why doesn't tradingview have a coinmarketcap data feed for assets? Or if there is a way to implement an outside data feed to create a tradingview chart, someone please let me know. But i guess coinmarketcap doesn't have buy/sell/open/close info?

Oh well, the estimated .618 retracement of the impulse that ended mid january (where this chart basically begins) is somewhere around .02822.

NCT came close to the .618 on february 24th ($.03037) and has seen pumps that some have attributed to the need for increased cyber security due to russia's invasion of ukraine and the short term outages of multiple internet services on 03/08/22.

Their team/advisors seeming pretty legit and the fact that Polyswarm has a little over half the market cap of the top security token (UTK), makes me think the price should at least double from where it currently is. Which is somewhere around the .618 extension (.09058) from the january - february retracement.

Let me know how you feel about NCT, and please no moonboy talk of pumps incoming. Thoughts on how valid the service Polyswarm provides is, and whether or not they have the user base to effectively carry out such a project/service, and any ideas on what might be a potential catalyst for an increase in price action, would be appreciated.

cheers.