MikeCryptoSignals

NAV COULD GIVE 200-400% POTENTIAL PROFIT

Long
MikeCryptoSignals Updated   
BITTREX:NAVBTC   Navcoin / Bitcoin
#NAV / BTC ( Bittrex, Binance )

Buy Range : 4000-4100
Stop Loss : Not recommend

Target 1 : 0.00007500
Target 2 : 0.00011808
Target 3 : 0.00016998

WEEKLY CHART

- MACD has fallen to the deep and started to reverse in the last three weeks. That's would be a good point to cross
- RSI is pretty oversold, which is very positive.
- Reversal candle on the weekly followed by a green candle ( for now )

DAYLY CHART


- Bullish Divergency on the RSI
- CCI turned into Green
- Nice green volume action
- EMA20 is being broken and probably supported by it

HOURLY CHART


- Ichimoku cloud has been broken and we could have closed candle above it
- Moving averages crossed and are above of candles
- We can trace a trendline with a good price action. Has stopped bleeding after three bad months

CONCLUSION

NAV is a very nice coin. I was expecting a rebound before but it didnt happen, you have to be ready for this on trade. However, now sellings seems exhausted and price could rebound offering very good profits if you buy on the lows.
As other coins, it could be need more time to reach late targets but that's a very good chance to buy right now.

Good luck
Comment:
Target 1 reached. 87.5% proft. Congrats
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