NAVBTC
NavCoin LongNav is a coin with strong fundamentals ( own blockchain ). And should see further growth over the coming months with the release of Nav-pay and Nav-pay on IOS. The market shows us that is has been consolidating in the demand-zone. The possible incoming reversal is signaled by breaking the long-term downtrend and 100MA. Which would both be strong signals for further upward movement. Bitcoin can change these values. But I still, believe we will see further upward movement in the coming months. Will keep assessing!
NAV Initial Breakout Confirmed (100%+ Potential)Looking at the coin NAV, in the past few days it has been looking for new highs over and over.
Right now, it seems that it wants to climb again.
I am going for a SHORT since I don't have any history on this coin.
Buy in range: 0.000135 - 0.000165
Stop loss: 0.000105
When we close above 0.000169, main resistance has been broken.
After that, we look for the following targets.
Target:
(1) 0.000224
(2) 0.000272
(3) 0.000384
Quick analysis:
- MACD & RSI and all the usual suspects, momentum indicators, are showing very bullish signals and room for growth.
- Plenty of room for growth based on the 24h total volume.
- Initial breakout confirmed, after breaking 0.000124.
- Good overall chart structure.
- Good candle stick formations.
- Other points of value will be posted in the next update. For sure.
THIS IS A RISKY TRADE.
Use only a small portion of your capital for this trade.
Trade safely, secure profit, enjoy your earnings.
Thanks for your support.
See you at the charts.
NAVBTCI noticed that the price formed support and also noticed a bullish divergence.
I recommend shopping from the level of 0.000111
The goal is 0.000127-0.000163 ... and maybe 0.0002
stop-loss 0.000097
NAVBTC IdeaNAV coin is an ambitious project but is making good headway. The chart shows it has bounced off support and poised to move up. Risk to reward is fantastic!
Just a man on a mission and that mission is make great trades. If you like the ideas you can leave a nice comment or a tip. Either way, good luck!
BTC address: 1BFLmkMyor5qbAbznBopnXJMyYD9ZFCUeK
ETH address: 0xe43d1aa3e01661f83c92332b9567a2d442e0a59c
NAV\BTC touched the bottom going to jump upNAV just scratched the bottom line of the channel good signal for pump, keep an eye on it. probably going to rise for 30-50%
NAVBTC Trading Bullish Channel, and Bitcoin Price ActionBitcoin:
Bitcoin price is currently driving the altcoin market price. When Bitcoin goes up in price, the alt coins tend to go down. When Bitcoin begins to head down in price, the alt coins tend to gain more bounces. Right now, Bitcoin has hit a resistance line that I drew, and I think it will head down a little (to about $7000). Later, I will post a chart to illustrate that idea played out.
That being said, Bitcoin is a ravenous, unstoppable beast. So I will not be risking too much of my trading capital here.
TA:
This is a method I used to set some targets, by attempting to breakdown the price action, if it were to continue in the bullish channel. I also limit my risk by setting a stop loss off a potential support line.
Fundamentals:
Navcoin just released a beta of their NavPay project on Nov. 1st.
It's also a coin that I believe is very solid. The dev team is very active, even holding weekly AMAs (ask me anything) to anyone willing to participate. This is a coin that would be great to get such a low entry point on.
nav with some fundy driving ...let it centermaking a move out of the bottoming pattern , now if your not in it , let it center and your target is above and the risk to reward works out
very short term trade set-up with tight stop loss placement
but not to tight
adjuct your lot size to manage your risk
Update for NAVBTC entry point from PoloniexSee its price hanging around 10.4K at Poloniex. Could be bought from Poloniex now