NAVBTC trade ideas
NAVBTC Its Buckle Up TimeNAV is ready to take off. First attempt was this afternoon but it was met with resistance from the 50 day EMA. Once that is broken, its go time. A month of waiting for this, but well worth it.
NAV Coin: Poised to breakoutSqueezing in tight between major uptrend and downtrend lines. Strong support from trendline and 11.5-12k sat levels. Need volume to pick up but when NAV moves, it tends to move big. RSI broken out of downtrend, expect price action to follow suit very soon.
Ultimate target is top of larger wedge but keep an eye on fib levels on the way up, particulary around W+1 levels.
Navcoin new run is coming ?Hello guys today I checked chart of Navcoin and it looks much better then couple weeks ago, finally navcoin got into the consolidation zone and in my humble opinion ready to show something.
#NAVCOIN (#NAV): 3rd ABC correction wave is performing
In my opinion, NAV is finishing last ABC correction wave. Which may indicate the upcoming change of trend.\u2028
NavCoin is heading strong resistance EMA21. All previous attempts were not successfull and NAV was bounced down. We need 2x-3x more volume to get through this resistanve line. So, EMA can be considered as a very strong trend indicator. \u2028Meanwhile, NAV is perfoming bearish “descending triangle” and i hope it will help EMA to dropdown NAV.
On the other hand, in case of breaching EMA, NAW will go to uptrend and we can expect huge profits!\u2028\u2028I'm curious to see which option will be right.
Upcoming Event:
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Note:\u2028Allways use stoploss, follow your management, set alerts and do your own research!
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
NAVBTC - The Time Is NearUsually working off the 1 day interval, but here the 1 week interval shows support at 40 RSI which has acted as support each run over the past two years. It is time? I think so. Originally made an April 18th estimate on March 19th, so been waiting patiently for a few weeks now. Lets hope BTC cooperates.
NAVcoin revisitedI have noticed recent talk about #NAV coin price/volume spike so I looked up a previous posting. Changes made were more precise location of the fractals which revealed a descending wedge. The major support line is either momentarily touched by a candle wick or a low volume candle. Continue to monitor any possible volume increase from there ad use MACD, Stock RSI and RSI all on standard settings.
Turn candlestick chart to 'line' mode to plot more accurately support and resistance first starting with weekly or daily timeframe then move to smaller times for more accurate entry. Pivots are also useful which coincide with low volume as the pivots level out in a squeeze zone. Time your entry, to maximize coin gain use support and resistance previously drawn in 'line' view.
As I am new to publishing I am keen to watch it play out. Any comments/criticism welcome
NAVBTC long above 12234 TP at the Blue line on chartNAVBTC long above 12234 TP at the Blue line on chart
Follow Up 9 Days later on NAVBTC - Long CallAs expected NAVBTC has been consolidating underneath the 50, 100 and 200 EMA. We saw the 50 v 200 cross as expected following the long pattern established over the last year. The only problem now is BTCUSD is dragging down the entire market and taking NAVBTC with it. However, NAVBTC has stayed within the symmetrical triangle so my call still stands. Within the next week or so I expect NAVBTC to climb to first meet the 50 EMA and then eventually all the way to the top of the triangle resulting in a 2.5x profit and the potential for a breakout from the triangle resulting in an additional 3x gain (the same size as the height of the triangle).
Not noted on my last post, the 100 v 200 EMA have never completely crossed in the past. I think this is something to take into account here for determining when this turn and run to the top of the triangle will occur. In the past they have gotten very close and even overlapped but they have never crossed. If they do cross, then that could be a sign of breaking from the trend. I think this will only occur if BTCUSD continues to dump well past $7,200. To protect against that I have set a stop loss just below the bottom of my triangle.
Good luck everyone!
NAVBTC - NAVCOIN LONG 30-45 DAY PLAYNavcoin has demonstrated a triangle pattern with a greater continuity of 50/200 MVA Cross.
Navcoin recently pierced the bottom of the triangle but quickly receded back into the formation demonstrating the support at that level. I believe that was the bottom. Short term is likely to see some consolidation over the next week or two, possibly a few runs like in the past but ultimately the 50 MVA needs to drop considerably in order to match the pattern from the past 3 50/200 MVA Crosses.
I consider this a safe bet for the next few weeks unlikely to move the meter too much. However, the hard break up with the 50/200 MVA Cross should be within the next 30 days and should yield 200 to 250% profit. Then it will be interesting to see if it can pierce the top of the Triangle pattern . If it pierces the top, then the estimated profit is an additional 300% matching a gain the size of the triangle.
SO in the end, potential profit range of 200-550% profit.
Not to mention the MACD (Not Shown) and the RSI are both way off the charts. This coin is prime for a nice long run and hopefully a new All Time High.
To reduce risk, I would set my stop loss close to the bottom of the triangle pattern .
For educational purposes only. Good Luck.
NAVcoin fractalMy first published chart. Please give your valued input. Roadmap does not provide timelines except what their current developments are. Check it out at navcoin.org
NavCoin Forming A Cup & Handle?! Good potential coinNavCoin vs BTC is showing great potential. For safe trades its best to enter after confirmation of the C&H but for more risky traders they can enter now.
Its looking like its ready to burst. Most Alts are almost at bottom, some still have to go a little bit down. But by the end of this month i expect most alts to go uber bullish.
Make sure you trade with Capital Management, don't trade with emotions only with your good sense. Do your research on a coin, manage the risk, look for a good risk:reward ratio, take the trade and have faith in allah that he will give you what you deserve! As our brother HamadaMark says: We ask allah to reconcile and repay!
Have a great day and hopefully great trades!
Forming a Symmetrical triangle??? BIG potential in 2018...NAV is another one of those lowkey privacy coins. With a rather low market cap of 62.4Million, potential for this coin is ridiculous for 2018. Privacy coins rose over 1000% last year with some like PIVX making over 216,000% gains.
So with that being said, ACCUMULATE NAV while it is still under $5.
Currently NAV looks to be forming a symmetrical triangle on the daily chart.
Accumulate under 0.0002. If breakout happens look to sell around 0.000637 & 0.001028 for 3x-5x gains.
Again we are still a couple of months away from potential breakout of the triangle. I will update as time passes.
Remember this is just a thought, so DO YOUR OWN RESEARCH.
Cheers.
This Chart Tells Nothing >:(This is an analysis of NAVBTC, feel free to comment. The indicator TD sequential is not used in this chart but I felt it was important to try it on NAVBTC. We can see that the bollinger bands are getting thinner, and this usually indicates that it will expand to either side. The volume is quite small for NAVBTC so it may not even move fast. A descending triangle (looks like) has been formed which indicate that the price could be falling down. This could also be a falling wedge. Stochastic oscillator and RSI is near the oversold area but it looks like there are some room for downtrend still. I expect a support at 0.618 fibonacchi and if that doesn't last then a possibility for drop to next support level or lower is possible. A candle that closes above 200 EMA, pinkish line, could indicate a bullish trend upwards. Candlesticks do not show that much indication where the trend is heading. In case of a bullish run, target would be around the area of green exclamation mark.
In this situation, the price could go sideways with slow moment downwards. If a BTC crash happens then expect NAV to drop down to previous support level at least or lower. Personally, I don't see any trade opportunity at the moment. In case of the price shooting up, the pink line will probably be tested.
NAV-BTC short-mid term (looking into future)NAV coin (Coin in the shadows>)
-Private coin (Check)
-Release of platform (Valence) that will allow to build applications on blockchain (Check): more info @https://medium.com/nav-coin/welcome-to-valence-fc0d738f933f
Upcoming projects for NAV: Lightning network, NavChange- application powered by Valance facilitating instant exchanges between NAV and other currencies, NavDelta - Payment gateway for NAV supporting any currency by NavDelta, Cold staking coming, NavcCOin5.0 'Kauri' - NavCoin Core wallet rebuild as electron wallet, NavTech2.0 'Rimu' - Makinging private system completelly trustless and distributed.
In progress for NAV-one of the main: NavMorph, NavPi 2.0 Kowhai @ 35%, Website refresh @ 20%,
Valance upcoming projects: nodes, encrypted communication, app store & console, White paper to be listed soon
For more check roadmpa @: navcoin.org
TA:
Hope for NAV coin to stay inside the channel for a while: If we could have a healthy pull back after yesterdays spike in next few days and another bounce from around 0.00019478 we would establish higher low hopping for to have another run for higher high having potential trend reversal. Previous bull run to complete the handle lasted 36 days which gives as a room to reach the 127.20% fib level- almost to the high established on 1.9.2017.
CCI: Just turned positive indicating potential trend reversal
MACD: crossed for first time bellow 0 after 38 days and is moving upwards.
Big resistance zone coming up for NAV to push through so expect some bouncing (Red zone). If we het through, we might be looking for a support at 61.80% fib level like in ETC case in past few days.
Stoch RSI: Approaching oversold levels so unless there is a boost today, we might see pull back to make higher low or drop out of the channel
Worst case scenario we could drop down to verify lower part of the historical channel (green box).
To sum up
If the team starts to deliver on regular basis and fulfilling the timeline we could see NAV hit somewhere between 161.80 Fib level on pull back and 261.80% by mid May. will follow NAV regularlly!
NAVBTC Broke down Fib 1.618 retracementNAV is still moving in the descending channel and broke it down below the Fib 1.618 level we expect further price decrease in the short run. Ichi cloud also indicates a bad scenario. Although with a price decrease we can see volume growth this means that market players are interested in this coin and grab them while they are at dip for a long term trades. If you opened position with NAV move out of it and wait till the price meets the next major support level, then buy it again.
