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NAV Coin Moving After Printing Reversal Candle | 235% Mapped

BINANCE:NAVBTC   NAV Coin / Bitcoin
Last month we looked at NAV Coin ( NAVBTC ) and noticed the reversal candle you see marked in light blue... This signal is as clear as day and tells us that a change of trend is coming.

Right now we can see how this is turning out to be true since prices are now above EMA100 and MA200, two very important resistance levels for this altcoin pair.

Volume is still really low yet NAVBTC easily moved to pass MA200, meaning that the tendency is up and we are in a bull cycle.

Our main targets are mapped/marked on the above chart.
Feel free to leave a comment if you have any questions...

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Namaste.

9-Jan. | NAVBTC Previous analysis
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Comments

That is what I call a Huge Red Hammer Candle.

Me who felt they rarely play out.

I learned something new =)

Thankz for tha sharez Amigos
+1 Reply
Thanks Master
Reply
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