#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:
- no events found

Note:\u2028Allways use stoploss, follow your management, set alerts and do your own research!

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Trade active:

Possible breakout coming!