Navcoin
here's what will happen to NAVlooking back at 2016, we observe a similar pump pattern. The history tells us the pump is followed by slow price decrease back to baseline. From there, price can be seen increasing back again.
Price prediction:
2ND pump went up to 13K -> 2.618 FIB
3RD pump went up to 40K -> 3.618 FIB of the 2nd.
If new wave ever comes to NAV, it can be as high as 100K or 8-10 dollars. Thus, hold onto your bags tightly and follow NAV news closely.
NAV coin buy soon for short term profitNAV coin entering a very oversold zone with MFI and Stochastic RSI. The Squeeze indcator is below 0 and indicating serious squeezing. Wait for the MACD histogram to reach its peak and buy. Should be a quick and easy profit.
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
NAVBTC Bearish FlagA bearish flag is forming with a projection towards strong support. Support 1 and 2 are good areas for buy orders.
NavBTC Short Bullish ScenarioTarget 29k
Buy 25400 - 25800
On 1 day chart 3 out of 4 technical instruments point out towards a bullish scenario
On 1 hour chart it is not totally clear but it seams that 29k is not a very far reached target either
[BUY SIGNAL - 7:1 RISK/REWARDAnother pattern to be watched in its early formation, recent strong down trend just got breached with strength. We're in an oversold position, if the MACD line stays above zero and we watch a crossing also on the positive y-axis we might see a good and strong up movement.
Buying on a little over the high of the first candle body completely closed out of the pennant to confirm movement up would be the safest play.
NAV Coin PredictionNAV coin recently rallied to a new ATH and has been consolidating for the last week. It has been bouncing off of progressively higher Fib levels with higher highs leading me to believe it will continue its uptrend when it reaches the inception point of this wedge. RSI is in the oversold region, and privacy coins have been experiencing a lot of positive movement recently, so I will be keeping an eye on NAV.
$nav - Navcoin Uptrend ChannelBuy the uptrend support, sell on route to the uptrend resistance.
Volume increased today with the update.
NAV Excellent short to Medium term entryShowing good buy support off the trendline after correction. Continuing next move upwards. Longer term signals looking nice for a long position as well after recent correction so good long entry for all time scales. EW ABC count seems to have completed.
Nice NAVcoin Longterm EntryNAVcoin long term uptrend looking still nicely in place in fitting with recent excellent development progress. NAVcoin floor looks to be in after a pullback from the recent rise. Expecting a bit of medium term consolidation to tighten the bands in a bit before moving up towards new all time high. EW analysis shows point 4 of current larger uptrend. Nice risk reward for the trade based on trendlines.
NAV BTCThis has a lot of potential. Lets just follow the trend until it bends and use the elliot retraces as where to enter and exit. Ideas and thoughts are always welcome.
NAVcoin want to go upI bought nav at 8700. I think it will go again to 12k-13k
RSI and MACD looks nav want a big ride (40k-50k?)
Lets see
NAV and reached targetThis is just the beginning of a healthy climb of one of my favorite altcoins.
Good decision to put long when NAV make a retracement.
Thanks for your time!
