alanmasters
Long

NAV Coin Bullish Engulfing? (Over 250% Profits Potential)

BINANCE:NAVBTC   NAV Coin / Bitcoin
NAV Coin ( NAVBTC ), we could say its printing a bullish engulfing candlestick , not a perfect bullish engulfing but this is a good signal.

Here is a close look at it:

Please keep in mind that the daily candle (1D) needs to close before this signal is confirmed. Daily candle closes in two hours or at 00:00 UTC .

Additional bullish signals for NAVBTC
  • Trading above EMA5 and EMA10.
  • Green volume increasing.
  • Bullish RSI .
  • MACD trending up.
  • Altcoins market (especially the Binance alts) heating up.

Up to 250% of profits can be collected with this setup depending on how high you are aiming.

Remember that it all takes time.
It can take just a few days for a pair to start to move, just as it can take a few WEEks, in some cases months... PATIENCE IS KEY!

Also, keep in mind that the chart can change... for example: If NAVBTC moves below EMA10 and later breaks the last low (0.0000088), the above signals are invalidated and a new analysis is needed. That's why we use a stop-loss below this level.

On a different scenario, its price can move lower and bounce... It is always good to be prepared for all scenarios.

Enjoyed the content?
I hope you did enjoy it.

Namaste.
Comment: Trade details:

BUY: 0.0000105 - 0.0000120

NEXT SUPPORT: 0.0000095

TARGET:

(1) 0.0000140
(2) 0.0000160
(3) 0.0000180
(4) 0.0000200
(5) 0.0000215
(6) 0.0000235
(7) 0.0000270

PROFITS POTENTIAL: 130%
(Buy calculated at 0.0000117)

STOP: Close weekly below 0.0000088
______________

This is not financial advise.
Trade active: Looking really nice, can move soon.
Comment: Getting closer to breakout...
Trade active
Comment: TARGET:

(1) 0.0000140 |Hit 8-Oct. @ 0.0000135 (+20%)
(2) 0.0000160 |Next target.
(3) 0.0000180
(4) 0.0000200
(5) 0.0000215
(6) 0.0000235
(7) 0.0000270
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Related Ideas

any day now.. :D
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Update :)?
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@OliverTA, Trade active, chart analysis and trade setup valid.
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OliverTA alanmasters
@alanmasters, NAVBTC feels like it could breakout anytime soon. But tbh I thought this for like 2weeks now.
+1 Reply
@OliverTA, Yes... When we are in the consolidation phase, the breakout can happen anytime.
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Thanks Master
+1 Reply
@sidhabdn, :)
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